ClosedCred
Empowering seamless UPI payments with blockchain innovation.
Created on 2nd December 2024
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ClosedCred
Empowering seamless UPI payments with blockchain innovation.
The problem ClosedCred solves
ClosedCred is a payment platform seamlessly integrating Web3 and decentralized finance (DeFi) with Unified Payments Interface (UPI) transactions. The platform enables effortless sending and receiving of cryptocurrencies, including microtransactions comparable to UPI transactions. Utilizing stablecoins such as USDC on the Sui, Aptos and Base network. Users can execute micropayments seamlessly, via UPI's existing QR codes.
Challenges we ran into
While building ClosedCred, we faced challenges in integrating WebAuthn as an external authenticator for biometric authentication (fingerprints) and integrating Web3Auth with Firebase for account abstraction to add social logins. We developed a custom authentication flow that bridged the gap between Web3Auth and Firebase.
Tracks Applied (4)
Common Pool
Sui
Consumer Track
Base
Autonomous AI Agents in Blockchain
Nethermind
Consumer Applications
Aptos
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