Biconomy x CoverCompared Partnership

CoverCompared announced partnership with Biconomy to help eliminate the transaction fees imposed when users purchase insurance policies through the platform.

Through this alliance, end users can engage in seamless transactions without being intimidated by the complex nature of blockchain technology and the hassle of transaction fees.

Often users shy away from conducting online transactions as they are sceptical to take on the added burden of transaction fees. The alliance with Biconomy will support gasless transactions that would be greatly beneficial to users and help provide the needed assurance to welcome new members onto platform.

They are always aiming for innovative ideas to ensure users are provided with customized solutions for their varying insurance needs and believe that this is a great way forward in expanding horizon.

About CoverCompared

CoverCompared is the First DeFi insurance marketplace for the global crypto ecosystem. They aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

About Biconomy

Biconomy is a multi-chain transaction infrastructure for next-generation Web 3.0 applications. Through Biconomy’s powerful and easy to use APIs, developers can enable a simple and customized user journey so that their end-users don’t get frustrated by blockchain complexities as well as help support gasless transactions. By solving key pain points at the crypto transactional layer, Biconomy is on a mission to bring the familiarity of web 2.0 to simplify Web 3.0 experiences that will drive mass adoption.

📰 INFO

https://covercompared.medium.com/biconomy-partners-with-covercompared-9699fddc4b7d