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KYC3Wallet

Web3 wallet to onboard your parents and grandparents to crypto.

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Built at Unfold 2023

The problem KYC3Wallet solves

The world of cryptocurrencies, while revolutionary, remains a complex landscape for many. The next billion users, especially older generations, find it challenging to navigate due to:

Complexity: Concepts like private keys, gas fees, and blockchain intricacies can be overwhelming.

Safety Concerns: The fear of making mistakes, losing assets, or falling victim to scams is real.

Regulatory Hurdles: Ensuring compliance with ever-evolving regulations can be daunting for individual users.

The KYC3Wallet Solution

KYC3Wallet is designed to simplify and secure the crypto experience, making it accessible to everyone, regardless of their tech savvy.

User-Friendly Experience: With a straightforward interface, users can easily send, receive, and manage digital assets. Even explaining the platform to your parents becomes a breeze.

Automated Processes: Say goodbye to the complexities of gas fees. KYC3Wallet handles it all, ensuring smooth transactions every time.

Privacy with Reclaim Protocol: We leverage the Reclaim Protocol to preserve user privacy using zero-knowledge proofs while doing kyc(here we are doing aadhaar verification). This allows users to verify their data without exposing the information, ensuring compliance and confidentiality.

Safety and Compliance: Beyond a secure transaction environment, KYC3Wallet ensures regulatory compliance through a user-friendly KYC process. With the added protection of not having to handle private keys, the risk of asset loss is minimized.

In essence, KYC3Wallet is more than just a crypto wallet. It's a comprehensive solution designed to make the world of cryptocurrencies safe, simple, and accessible to all.

Challenges I ran into

I've been hearing about account abstraction, but this was my first deep dive.

Fully understanding its details and nuances took a while.

When I tried to integrate web3Auth, I ran into some technical issues.

Thankfully, the web3Auth Discord community and their detailed documentation were there to guide me, and I managed to work through the challenges.

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