Why is Account Abstraction (AA) so useful in crypto payments.

08 Sep 2023, 18:16
Why is Account Abstraction (AA) so useful in crypto payments? In a nutshell AA streamlines digital asset interactions and enhances user experience making crypto transactions more user friendly. Let's take a closer look at how it's leveraged at Fuse. 🧵👇

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Aimedis (new)
Aimedis (new)AIMX #1810
Telegram
08 Sep 2023, 18:30
The following is a brief overview of #AIMX and its use cases. In particular, we focus on the integration of payment methods and utility tokens into our virtual world, the Metaverse, Aimedis Avalon. ➡️ Aimedis has decided to integrate Stripe and Metamask into the web3 environment before entering the virtual world. ➡️ In this web3 environment, users can purchase Aimedis credits using credit cards (Visa, Master, Amex) or Aimedis tokens (#AIMX) ➡️Purchasing with Aimedis tokens provides users with a 10% extra credit bonus compared to credit card purchases. ➡️ Stripe (credit card) payments will be the primary option (at the moment this is only a preliminary solution) for users in the US and China, while the rest of the world can use Aimedis tokens. ➡️ The integration of Stripe and Metamask is in progress and will be the first use case, with an unspecified launch date. ➡️Future use cases will involve utility tokens, but the team is still working on how to implement these in the US and China, considering regulatory complexities. Aimedis notes the complexity of dealing with securities regulations in these jurisdictions.
The following is a brief overview of #AIMX and its use cases.
The following is a brief overview of #AIMX and its use cases. In particular, we focus on the integration of payment methods and utility tokens into our virtual world, the Metaverse, Aimedis Avalon. ➡️ Aimedis has decided to integrate Stripe and Metamask into the web3 environment before entering the virtual world. ➡️ In this web3 environment, users can purchase Aimedis credits using credit cards (Visa, Master, Amex) or Aimedis tokens (#AIMX) ➡️Purchasing with Aimedis tokens provides users with a 10% extra credit bonus compared to credit card purchases. ➡️ Stripe (credit card) payments will be the primary option (at the moment this is only a preliminary solution) for users in the US and China, while the rest of the world can use Aimedis tokens. ➡️ The integration of Stripe and Metamask is in progress and will be the first use case, with an unspecified launch date. ➡️Future use cases will involve utility tokens, but the team is still working on how to implement these in the US and China, considering regulatory complexities. Aimedis notes the complexity of dealing with securities regulations in these jurisdictions.
Fuse Network
Fuse NetworkFUSE #1073
Twitter
08 Sep 2023, 18:16
5/🗺️ With Fuse 2.0 Roadmap, we're decentralising our middleware, ensuring we stay interoperable with larger blockchain ecosystems. This move has allowed us to collaborate with major players in the Web3 space, solidifying Fuse's position as a tech powerhouse.
5/ With Fuse 2.
5/🗺️ With Fuse 2.0 Roadmap, we're decentralising our middleware, ensuring we stay interoperable with larger blockchain ecosystems. This move has allowed us to collaborate with major players in the Web3 space, solidifying Fuse's position as a tech powerhouse.
Fuse Network
Fuse NetworkFUSE #1073
Twitter
08 Sep 2023, 18:16
6/🌎 AA is a revolutionary concept that's shaping the future of crypto. By improving user experience and expanding use cases, AA is setting the stage for the next phase of crypto innovation, and at Fuse, we're proud to be part of this journey.
6/ AA is a revolutionary concept that's shaping the future of crypto.
6/🌎 AA is a revolutionary concept that's shaping the future of crypto. By improving user experience and expanding use cases, AA is setting the stage for the next phase of crypto innovation, and at Fuse, we're proud to be part of this journey.