# Self Custody **Published by:** [Sapan patel](https://paragraph.com/@sapan-patel/) **Published on:** 2023-01-16 **URL:** https://paragraph.com/@sapan-patel/self-custody ## Content More than 110K of Bitcoins were moved to self-custody wallets last month. #Web3 = trust issues Here's how the #BiconomySDK leverages #AccountAbstraction (EIP-4337) and Smart Contract Wallets to power Self-Custody… Self-custody empowers your users with full control of their assets. Custodial wallets could expose users' private keys. Not with non-custodial wallets. Hot wallets (such as EOAs) are user-friendly because they’re online, but there are risks. Cold wallets are offline and more secure, but the UX can be clunky still. An overview of Web3 wallets: Check out the superb functionality of Smart Contract Wallets — enabled by #AccountAbstraction (EIP-4337). Self-Custody via Smart Accounts means: Privacy — no tracking of data and txns Security — no one sees your private keys Ownership — complete ownership of assets Accessibility — 24/7 access to your assets Smart Contract Wallets — Web2-like functionality Why did we leverage #AccountAbstraction (EIP-4337) to develop the #BiconomySDK? https://twitter.com/schin_tomar/status/1611789228689457154?s=20&t=aCvGQYuHEnfmZe5hOM_JqA As you can see, there are lots of practical benefits to #AccountAbstraction and Smart Contract Accounts + Wallets. https://twitter.com/biconomy/status/1593227548384964609?s=20&t=aCvGQYuHEnfmZe5hOM_JqA We're creating ease of access, seamless UX, and enhanced security with the #BiconomySDK. Mass adoption of users, did you say? Get in touch and explore practical UX solutions via #AccountAbstraction https://t.co/6E5N0IoPHu Or check out our latest Docs and see why >200 dApps are already working with us https://t.co/IhaBrIeutE Subscribe ## Publication Information - [Sapan patel](https://paragraph.com/@sapan-patel/): Publication homepage - [All Posts](https://paragraph.com/@sapan-patel/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@sapan-patel): Subscribe to updates