Self-Hosted Infrastructure Provider Launches New Development Stack in Collaboration with Payment and Decentralized Financial Agreements
It is reported that Safe, a self-hosted infrastructure provider, announced the launch of a new development stack Safe Core in cooperation with Stripe, a paymen…
It is reported that Safe, a self-hosted infrastructure provider, announced the launch of a new development stack Safe Core in cooperation with Stripe, a payment giant, and Gelato, a decentralized financial agreement. It integrates account abstraction to simplify the development of smart contracts on the Ethereum blockchain. It will also simplify transaction costs and payment processes, and allow fiat on-pumping.
Safe cooperates with Stripe and Gelato to launch the new development stack “Core”
Analysis based on this information:
Self-hosted infrastructure provider Safe has announced the launch of a new development stack called Safe Core in partnership with Stripe, a payment giant, and Gelato, a decentralized financial agreement. The goal of this collaboration is to simplify the development of smart contracts on the Ethereum blockchain while reducing transaction costs and simplifying payment processes.
The new development stack will offer account abstraction, which means that users no longer need to manage multiple accounts on the Ethereum blockchain. Instead, Safe Core will allow for a single account to be used for all transactions, making it easier for developers to create and implement smart contracts.
This is a significant development for both developers and businesses operating on the Ethereum blockchain. As the number of smart contracts that require execution increases, the need for more efficient and user-friendly infrastructure becomes a priority. Safe Core’s account abstraction feature simplifies the development process, allowing for more efficient allocation of developer resources.
Another advantage of Safe Core is that it simplifies transaction costs and payment processes, which can be significant hurdles for smaller businesses operating on the blockchain. The integration of Stripe’s payment system enables businesses to use fiat currencies for transactions, greatly increasing the accessibility of the blockchain to a wider range of businesses.
Finally, the integration of Gelato’s decentralized financial agreement helps to ensure the security and trust of transactions on the blockchain. Decentralized finance has become a significant part of the blockchain ecosystem, and solutions like Gelato’s further reinforce the potential of the technology.
In conclusion, Safe’s launch of the new development stack Safe Core, in partnership with Stripe and Gelato, is a significant milestone for the Ethereum blockchain ecosystem. The integration of account abstraction, simplified transaction costs, and fiat on-ramping makes the blockchain more accessible to a wider range of businesses while still offering the security and trust benefits of decentralized finance.
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