Odaily News OKX announced that it has joined hands with Biconomy, ZeroDev and Rhinestone to formally propose the ERC-7579 standard, which simplifies and unifies modular smart account management technology and aims to help developers more conveniently customize functions and improve the user experience for Web3 wallet users. By introducing the ERC-7579 standard, it provides developers with a minimized and standardized way to handle modular smart accounts and improves the interoperability of modular smart accounts between different wallet service providers, thus reducing the number of smart account communities. fragmentation and promote a more integrated blockchain ecosystem. In addition, the ERC-7579 standard also paves the way for a module store that allows any developer to create modules compatible with different smart accounts, opening up more possibilities in the field of Web3 wallets and related solutions. It is understood that OKX officially launched the AA smart contract account on August 1, 2023, allowing OKX Web3 wallet users to pay Gas through USDC or USDT. In the future, the OKX AA smart contract account will introduce more features, such as social recovery, etc. Even if the user loses his private key, he can select a trustworthy guardian from his social network to assist in restoring control of the account.