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Solving Crypto's Onboarding Problem | Arianna Simpson, Riyaz & Nass (Bastion's Founders)
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Podcast summary created with Snipd AI
Quick takeaways
- Bastion aims to solve the clunky and unsafe onboarding process to Web3 by offering a seamless integration of custodial wallet infrastructure with various authentication methods.
- Bastion addresses the high friction and scalability issues of Web3 experiences by developing a smart transaction routing system that routes interactions off-chain, reducing costs and saving time.
Deep dives
Bastion's Three Pillars and Problems: Onboarding, Friction, and Data
Bastion aims to solve three core problems in Web3. The first problem is the clunky and unsafe onboarding process to Web3. Bastion offers a custodial wallet infrastructure that seamlessly integrates with various authentication methods. The second problem is the high friction and scalability issues of Web3 experiences, including gas costs. Bastion developed a smart transaction routing system that routes interactions off-chain, reducing costs and saving time. The third problem is the lack of data and analytics for businesses in Web3. Bastion offers a data analytics and insights platform to help businesses understand what's happening on their platform. Bastion is focused on building a comprehensive platform to address these three pillars and provide the best user experience.
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