Please describe your proposed solution.

Our solution involves three key components:

1. Integrate Cardano as a data-source for MoneyKit: Currently, we allow users to connect to over 15K financial institutions and card accounts—over 7K more than any single aggregator. This will add Cardano as a data-source for MoneyKit, and thus all the financial applications that are powered by our platform.
2. Transaction Enrichment: Similar to the transaction manifest from the Radix ecosystem. Developing open-source code that consumes serialized transactions and classifies them and convert them into human-readable transaction manifests. This will enable users and financial systems to easily understand the nature of the transaction. Using this tool, wallets will be able to describe in human readable terms exactly what are agreeing to when you sign a transaction (ie you are initiating a token swap or minting stablecoins).
3. Financial Auditing/Accounting Application powered by MoneyKit: An open-source application designed for auditing and accounting of addresses on the Cardano blockchain, leveraging the enriched transaction data from Cardano.

These elements will be integrated into MoneyKit, enhancing its capabilities to include and support Cardano transaction data, thereby facilitating broader adoption in web2 financial services.

Please define the positive impact your project will have on the wider Cardano community.

The integration of Cardano into MoneyKit, through our project, will significantly benefit the Cardano community by:

1. Integrate Cardano into every financial application powered by MoneyKit: Many financial applications are powered by MoneyKit. With this integration, all of these applications will have native access to query and display transaction data from the Cardano blockchain into traditional financial instruments and UI components.
2. Enhancing Visibility and Usability: Human readable transaction manifests will allow users to see exactly what they are agreeing to before they sign the transaction.
3. Boosting Adoption: Facilitating Cardano's inclusion in mainstream financial services and applications, thereby expanding its market reach and adoption.
4. Supporting Financial Transparency: Providing tools for efficient auditing and accounting, which will promote transparency and trust in Cardano-based financial activities and protocols.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Money Kit

Backed by top VCs and leadership from Robinhood, Cash App, Square, Coinbase, Venmo and Stripe. Our system, constructed on modern APIs, is tailored for conversion, stability, and a global scope. We maintain connections with over 15,000 banks and cards, indicating our broad network capabilities. Our dedication to privacy, portability, and security in financial data management highlights our commitment to user trust and safety. With our efficient and user-friendly world-class APIs and native SDKs, we ensure rapid deployment and ease of use. Our culture fosters innovation and excellence, vital for validating and executing feasible, trustworthy projects.

Anastasia Labs has rapidly established itself as a leading development firm within the Cardano Ecosystem.

Our team consists of highly skilled developers who have made significant contributions to various community projects, including Lucid, Agora, Liqwid-Plutarch-Extra. Our developers have had experience developing and publishing end-to-end DApps including production projects like WingRiders. Our auditing clients include Wanchain, Lenfi, Encoins, FluidTokens, Spectrum Finance, and Atrium. In addition to our project involvement, our team has been actively engaged in the developer experience domain. We have actively participated in educational panels focused on DApp Security Practices and Design Patterns, and our members have served as co-chairs of the IOHK developer experience working group.

Furthermore, our collaboration with Emurgo Academy has been instrumental in educating aspiring developers, with our team playing an essential role in this endeavor. We have also recognized and recruited the most exceptional talents from the academy's classes.

We have developed software development kits (SDKs) that facilitate the integration of existing dApps with other systems through off-chain code. Our team has also designed various protocols, including bridges and staking systems, while also actively contributing to open-source smart contract languages and their associated standard libraries.

With broad range of expertise within the Cardano Ecosystem we are a highly capable and versatile development firm

What are the key milestones you need to achieve in order to complete your project successfully?

Transaction Manifest Tool

• Output: Code to classify Cardano transactions based on smart contract address and datum structure and produce human readable transaction manifests.
• Acceptance: Open-source code that can successfully produce transaction manifests for transactions on the top 20 DApp protocols.

>Integration of Cardano transaction data with MoneyKit

• Output: Integrate live Cardano transaction data into the MoneyKit financial services API.
• Acceptance: Smooth and accurate transaction data flow within MoneyKit.

>Development of Financial Onchain Accounting / Auditing Application powered by MoneyKit

• Output: A functional application for financial auditing of onchain wallet addresses using enriched Cardano transaction data.
• Acceptance: Efficient data processing and accurate financial reporting capabilities.

>Beta Testing and Feedback Integration

• Output: A beta version of the integrated system.
• Acceptance: Positive feedback from a select user group and resolution of identified issues.

>Final Documentation and Training Materials

• Output: Comprehensive documentation and training resources for end-users.
• Acceptance: Clarity, completeness, and usability of materials.

>Official Launch and Promotion

• Output: Full launch of the Cardano integration for MoneyKit
• Acceptance: Successful deployment

Who is in the project team and what are their roles?

Michael Del Monte

Co-founder & CTO of Quovo (Acquired by Plaid in 2019)

Head of Technology at Plaid

Serial founder and pioneer in data aggregation

Michael is the CTO and co-founder MoneyKit.

Kris Stipech

Founding team of Cash App & Head of Product Design

10 years scaling products and teams at Square

Helped launch the iPhone and other early IOS products.

Kris is the CEO and co-founder of MoneyKit

Compiler & Programming Language Research

Philip DiSarro

Philip is an expert in the field of Compiler Development & Programming Language Theory. He was the lead smart contract architect of many features on WingRiders DEX. Philip has also made significant contributions to the Cardano developer ecosystem. As a co-chair of the IOHK developer experience working group he worked to identify and resolve pain points that DApp developers experience in Cardano, and had an integral role in getting Lucid & Plutus Simple Model included in the Plutus Pioneer Program. He has a vast wealth of professional experience in smart contract security and auditing on Cardano.

Philip is CEO and founder of Anastasia Labs and a senior Haskell developer on the XSY team, a consultant and lecturer for Emurgo.

Philip is responsible for introducing the new utility and convenience functions to Lucid and for assisting with general maintenance. Additionally, he will help create documentation for new features.

Please provide a cost breakdown of the proposed work and resources.

tbd

How does the cost of the project represent value for money for the Cardano ecosystem?

The project offers significant value for the Cardano ecosystem by:

1. Enhancing Cardano's Functional Utility: Making its transactions more accessible and understandable, increasing its practical use in financial applications.
2. Facilitating Wider Adoption: By integrating Cardano with MoneyKit, it opens up opportunities for Cardano's use in established web2 financial services, potentially increasing its user base.
3. Providing Tools for Transparency and Compliance: The financial auditing application will aid in ensuring transparency and regulatory compliance, key for institutional and large-scale adoption.

These outcomes justify the project cost by potentially increasing Cardano's market presence, usability, and trust within the broader financial community.