Please describe your proposed solution
Our solution revolutionizes Cardano wallet integration by introducing a universally compatible, open-source library that operates without browser extensions, eliminating barriers across devices and enhancing user security. By streamlining wallet setup and use within any browser, we significantly shorten the learning curve and barriers for new users and accelerate their onboarding, thereby boosting overall accessibility and fostering greater adoption of the Cardano ecosystem to even non crypto experienced people.
What makes our solution unique is its universal compatibility and enhanced security measures, directly contributing to Cardano’s vision of a more accessible and decentralized financial ecosystem for anyone. By lowering barriers to entry, reducing the number of required steps and improving security, we are aligning with Cardano’s goals of fostering innovation and inclusivity in the blockchain space and tuning it to mass adoption.
We approach this problem by creating an open-source library that functions across all browsers and devices without the need for a specific extension. This library will use our custom seed phrase gateway website to securely store the user's encrypted seed phrase in the browser's storage, with the encryption key (the user’s password). This method enhances security by mitigating risks associated with browser extension vulnerabilities and central points of failure.
The primary beneficiaries of this project are dApp developers and users within the Cardano ecosystem. Developers will be able to easily integrate this library to offer a more user-friendly wallet connection option. Projects will have less barriers of entry for new users without a Cardano wallet. Users will benefit from increased flexibility, as they can access their wallets seamlessly across various platforms.
Our impact will be demonstrated through widespread adoption and positive feedback from the Cardano community. We plan to track usage metrics and gather user testimonials to illustrate our solution’s effectiveness. Engagement will be encouraged through community-driven development and support, ensuring the library evolves in response to user needs and security standards.