Arcana Partners with BVM Network to Enhance Bitcoin L2 Infrastructure
We're thrilled to announce our strategic partnership with the Bitcoin Virtual Machine (BVM) Network, a move that solidifies our commitment to advancing Bitcoin's scalability and versatility.
We're thrilled to announce our strategic partnership with the Bitcoin Virtual Machine (BVM) Network, a move that solidifies our commitment to advancing Bitcoin's scalability and versatility. This collaboration marks a significant milestone as Arcana becomes the go-to provider for social logins and embedded wallets for dApps on BVM.
BVM is the Bitcoin Rollup-as-a-Service platform that enables builders to launch secure rollups and create powerful dApps. This supports deploying robust dApps across sectors like DeFi, AI, and SocialFi, strengthening the BTC ecosystem.
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How Arcana and BVM will collaborate
Through this collaboration, all dApps on the BVM Network can leverage Arcana’s tech stack for social logins and embedded wallets. This integration allows developers on BVM to incorporate Arcana Auth’s email and social logins directly into their dApps, simplifying user interactions, and enhancing accessibility. By streamlining the user onboarding process with Auth SDK, we enable developers to attract more users and create a more efficient user experience.
Looking ahead, our collaboration will deepen with plans to integrate Arcana's Chain Abstraction Wallet into the BVM Network. This will offer users a unified asset balance across multiple chains, facilitating seamless spending and addressing liquidity fragmentation across Layer 1s, Layer 2s, and Layer 3s. Together, we aim to create a cohesive ecosystem where users can interact with Bitcoin in ways previously unimaginable.
Quote from BVM & Arcana
"Our partnership with BVM Network represents a pivotal step in our mission to simplify web3 UX. By integrating Arcana Auth’s social logins and embedded wallets into the BVM ecosystem, we're making it easier than ever for users to engage with Bitcoin dApps, driving broader adoption and innovation." –Aravindh Kumar, Co-founder at Arcana Network
“This is our next step to expand and complete BVM infrastructure and enhance the Bitcoin ecosystem. Through our collaboration with Arcana, developers can now easily and affordably launch ZK Rollup AppChains on Bitcoin with just a few clicks” –BVM core team
About Arcana Network
Arcana Network is building a Modular L1 to enable Chain Abstraction and intent-based interactions, transforming the Web3 UX. Arcana’s Chain Abstraction solution unifies user balances across multiple chains, allowing seamless spending with one click. This approach tackles liquidity fragmentation prevalent with the rise of numerous L1s, L2s, and L3s. Since its inception in 2021, Arcana has introduced three groundbreaking products to further enhance Web3 UX:
-Auth SDK: Fastest decentralized social login in web3, generating non-custodial wallets in sub-3-seconds, with 1.3M+ wallets generated.
-SendIT: Consumer app enabling crypto transfers via email, boasting 500K Users and 4M+ transactions.
-Gasless SDK: Based on ERC-4337 Account Abstraction, it enables developers to sponsor gas fees for users
Arcana Network is supported by 40+ leading investors including Balaji S, Founders of Polygon, John Lilic, Santiago Roel, and funds like Woodstock, Republic, Fenbushi, Polygon ventures, DCG, and others.
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