EZ Transaction Solution (EZTS)

EZ Transaction Solution (EZTS)

Making Payments Effortless

134
Built at ETHIndia 2023
EZ Transaction Solution (EZTS)

EZ Transaction Solution (EZTS)

Making Payments Effortless

The problem EZ Transaction Solution (EZTS) solves

As the cross-chain ecosystem continues to expand, it has inadvertently led to a reduction in user experience, posing challenges in the seamless onboarding of individuals to the Web3 Ecosystem.

During a transaction, it is essential to know the specific details,

  • What asset do you want to receive
  • On what chain do you want to receive
  • to which address you want to recieve

But, without proper details , it would end up resulting in causing inconvenience or at worst can also make you loose your funds.

There is a rising concern of Bots and scamming in Web3 Payments and the bad Ux leads to reduction in user experience.

We introduce EZ Transaction Solution (EZTS).
It is a software (Web App ) , meant to make the whole process/transaction simple and easing the process ( Clearing any sort of confusion ) for both the sender and especially for the reciever.

With help of Anon Aadhar , the KYC verification is done increasing the security, Prevents spams and scams by limiting a person to use only a single wallet addrress.

And to make the seamless transaction experience and making it more easy to onboard new users, the traditional sign in with email is now replaced with Create & Sign in with Email , Phone Number or Google Signin.

Wallet Configuration would help bring the decision power to the reciever ,
Reciever can configure their preferance for :

  • What asset do they want to receive
  • On what chain do they want to receive
  • Select Prefered Wallet Address. Can attest all your older wallets , and that would result in if any tokens were sent to an inactive wallet .

The core innovation lies in Wallet Configuration, allowing receivers to dictate their preferences and attest older wallets for added security against inactive addresses

Challenges we ran into

It was first time working on with
Pulling this project in a limited time period with other hurdles made it difficult to implement all our planned features, hence we had to drop few of planned features.

Creating a project to make sure , our project stands out , we had to keep pivoting.

Tracks Applied (3)

Ethereum Foundation Track

We are making use of Anon Aadhar, creating KYC for security reasons and one person is limited to creating a single walle...Read More

Ethereum Foundation

Safe Track

We are using it for Account abstraction using email helping us to create a seamless wallet experience ( ease for users )

safe

Alliance Track

Most Likely to be a Startup. We have built this with a future roadmap in which we would be working on building other fea...Read More

Alliance

Cheer Project

Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.

Discussion