The problem SimpleFi solves

SimpleFi aims to simplify the complexities of decentralized finance (DeFi) by offering an all-in-one solution for:

1. Portfolio Management: Track and manage your wallet portfolio seamlessly using Okto Wallet.
2. Cross-Chain Swaps: Effortlessly swap assets between networks like Base and Polygon.
3. DeFi Education and Insights: Access expert-level DeFi investment advice via an AI chatbot.
4. Secure Document Storage: Keep sensitive financial documents safe with a private vault.
5. Collaboration: Join live meetings with Huddle01 for discussions with AI advisors.
6. Crypto News Updates: Stay informed with real-time updates on the crypto market.

This project empowers users by making DeFi accessible, secure, and efficient for everyone.

Challenges I ran into

1. Speech-to-Text Integration: Implementing real-time speech-to-text for the AI chatbot was challenging due to cross-browser compatibility issues with the Web Speech API. We resolved this by using the webkitSpeechRecognition fallback for unsupported browsers.
2. Real-Time Communication: Integrating Huddle01's video and audio API for AI-led discussions posed challenges in maintaining low latency. Optimizations in the peer-to-peer setup ensured seamless communication.
3. Private Vault Security: Ensuring the vault's data integrity and encryption while maintaining usability was difficult. A combination of advanced encryption and a user-friendly interface solved this issue.