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SparkMinds
SparkMinds

Crypto Wallet - The Connecter

Type

Mobile app

Industry

Blockchain

Team size

3 developers

Location

Romania

Timeline

12 weeks

Technologies

React Native, NodeJS, NestJS

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Demo Account 
Email: test123@yopmail.com      Password: 123456@aA

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SparkFix's Screenshots

the connecter screens 5
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the connecter screens 1

Project Overview

The Connecter is a non-custodial crypto wallet that provides users to take control of their digital assets and thus provides all the features of safe, great functionality for blockchain management. With Connector, users can maintain ownership of their private keys while purchasing, withdrawing, sending, or receiving crypto via wallet addresses and QR codes. It allows token swaps in-app, has the AI-powered assistant for support built right in, and supports payment via QR scans.

This crypto wallet includes better security features such as biometric and PIN authentication, contact book, transaction history, and push notifications for users. The Connector combines advanced functionality with a user-friendly design for an intuitive, secure crypto experience.

Key Features

  • Multiparty Computation (MPC), 3D facial biometrics and fingerprint
  • AI robot assistant for the help desk
  • Send and receive features by wallet address or QR code
  • Compatible with various blockchain networks
  • Aggregated fiat onramp
  • Implement email and push notifications as well as transaction history
  • ...

Challenges

  • Users are not accustomed to the terminology and processes of blockchain. It could be challenging to understand a complex interface — which can also deter inexperienced users.
  • Each blockchain has its fee structure, and fees can fluctuate depending on network congestion, potentially confusing users and impacting their experience
  • Different standards across different blockchains (for example, Ethereum ERC-20, Binance BEP-20) mean that sending, receiving, and balance-checking logic need to be adjusted.
  • DeFi protocols and smart contracts require complex integration capabilities to handle various interactions, and contract bugs can lead to significant losses
  • Blockchain transactions can be delayed due to network congestion, especially on blockchains like Ethereum
  • Crypto Wallet regulations are country-specific and keep changing which warrants compliance from KYC/AML and data management perspective.

Solutions

  • Simplify the interface and focus on core features like sending, receiving, and managing assets
  • Provide multi-language support to improve accessibility
  • Provide real-time settlement with optimal fees based on Oracle or fee-tracking APIs
  • Reference multi-chain service providers (such as Web3.js, and Ethers.js) to support multi-chain functionality
  • Leverage standard libraries like Ethers. js or Web3. js for interacting with smart contracts
  • Utilize Layer2 Solutions such as Polygon to decrease transaction costs and times
  • Enable faster blockchains like Solana or Binance Smart Chain, for high-volume transactions
  • Integrate KYC/AML procedures for users in regions with legal requirements

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