Blosent
0%
average score over 1 application evaluations
The project automates decentralized recurring payments in Web3 using smart contracts and bots, addressing blockchain's challenges and enhancing cryptocurrency payment system adoption.

Blosent Protocol provides a decentralized solution for recurring payments in the Web3 ecosystem. Traditional financial systems support recurring payments seamlessly, but blockchain technology creates unique challenges that hinder such functionality. Using smart contracts and a network of bots, the Blosent Protocol automates the execution of recurring payments without requiring the sender to sign off on each transaction. Blosent protocol addresses a critical gap in the Web3 ecosystem by enabling decentralized, automated recurring payments. This innovation has the potential to become a foundational component of Web3 payment systems, facilitating wider adoption and integration by cryptocurrency payment providers and wallets. As the protocol matures, it promises to bring the convenience and reliability of traditional recurring payments to the decentralized world of blockchain.

Blosent History

  • applied to the Polegon name card 3 months ago of which the application is still in a pending state

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Pranshu Rastogi, Head of Ecosystem & Integration at Push Protocol, with over 5 years in web3, volunteers at DevConnect to empower the tech community.