NAVH Product Description
Blockhead Automation Layer for Linea
The blockhead project contains two parts:
The Blockhead Automation Layer for Linea is a series of smart contracts that enables the automation of functions in other smart contracts that integrate the Blockhead Automation Layer.
Blockhead Finance is a self-custody subscription payment dapp. It is the first proof-of-concept app fully automated by the Blockhead Automation Layer.
Blockhead Team
Levi Webb - levi.webb@gmail.com
Jason Dubaniewicz - Jason@truerev.com
Submitting for bounty Bounty 5: Make a dapp that slaps, no cap.
Infura integration - To Infura and beyond
Linea deploy - IYKYK Linea edition
The Problem Being Solved by Blockhead Finance
Every SAAS company and millions of other companies are based on a subscription business model. Currently, there is no easy way to allow for subscription payments with crypto. This is because of the push vs pull nature of crypto transactions.
Blockhead Finance is the first Dapp to utilize the magic of the Blockhead Automation Layer to overcome the push vs pull problem and enable full self-custody, decentralized subscription payments on Linea.
The Bigger Problem Being Solved by the Blockhead Automation Layer
Smart contracts are not self-executing, they always require an off-chain user to call the contract to make a transaction or update the on-chain state. But there are many instances where automation is needed. If you want a function to execute on regular time intervals such as with recurring payments, dollar-cost averaging, or compounding staking rewards. Maybe you want to set a buy price for WETH and have a contract automatically swap at that limit order price. These all require a very dedicated team member watching the state of the blockchain 24/7 or they all require automation.
Blockhead has built the automation layer for Linea. Linea developers can now integrate the Blockhead Automation Layer into their new or existing contracts and have a decentralized network of nodes automate simple transactions automagically.
Future Plans
Tech Stack
Node.js
ethers.js
pm2
Javascript
Solidity
React