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Xettled Authentication Protocol
APPLICANT
Type: Direct Application
Email: [email protected]
Discord: haka2608#1461
Twitter: huda_ku
Stacks Forum: hudakurniawan
GRANT BASICS
Grant Name: Xettled Authentication Protocol
Total Budget: 25,000
Total Duration: 1,500
Grant Type: Open Source Dev 1st time Grantees
Grant Track: Stacks Developer Experience
Grant Goal: Create New Technology
Grant Audience: Developers
Specific Audience: dApp Developers
Grant Team: muhfachrizal
Previous Grants:
Ecosystem Programs: We are part of the Web3 Founder Labs Pre-accelerator Cohort 1. Our team name is Xettled, and we have a vision of providing a cross-border payment solution by deriving the advantage of Web3. We learned a lot from this program, and honing the knowledge from this program makes us more confident.
GRANT MISSION, IMPACT, RISKS & REFERENCE
Grant Mission: This protocol is specifically developed to offer a simplification of the registration process of users to log in into any application platform, built on top of the Decentralized Identity (DID) standard, where the users’ identities are self-sovereign by leveraging Blockchain public-private key pairs, by simply entering the account name that may contain cell phone no, SMS or email address.
This specific protocol is part of the effort to generate an innovative solution for a globally unique identifier that does not depend on any issuing authority. And the following description below will set out a new kind of identifier that meets all these basic requirements, among others: decentralized, persistent, cryptographically verifiable, and resolvable.
Managing user identities for authentication and authorization are serious responsibilities. Unauthorized access can lead to breaches of user identity, privacy, and even financial losses. To manage this, performing penetration tests and audits, and staying on top of current security trends are huge endeavors and may require full-sized security teams to execute correctly.
The Xettled Authentication Protocol is developed to provide a key-based identity solution built on top of the Decentralized Identity (DID) standard, where users’ identities are self-sovereign by leveraging Blockchain public-private key pairs.
These key pairs are used to generate zero-knowledge proofs to authenticate users instead of having to rely on users providing passwords to any identity provider. These proofs can be used to securely communicate with developers' resource servers.
Since the Xettled Authentication Protocol is based on key pairs provided by decentralized blockchain networks, it is platform-independent and thus able to provide authentication services without having to rely on centralized identity providers.
Grant Impact: This project can accomplish much wider acceptance of Web3 users of the decentralized application globally, that certainly will include projects run within Stacks ecosystem, which will allow them to simplify the user management procedure.
Grant Risks: As a team, we realized we were still in the beginning stage of the Stacks ecosystem. However, we have a pioneer of mpj.btc, which is our best resource available that has been involved in Stacks Indonesia community since early stage.
This relationship has been very useful to help enhance the skills and competences of our team to have a better knowledge in the Stack ecosystem.
For the development of this specific protocol, we have a combined resources technical and non technical. In order to mitigate the risk, we might consider hiring additional resources to cover the need for skill of cybersecurity and cryptography, Web3 and its integration of Stacks components.
Support Link: This is our twitter account to engage with communities, interact with customers, and gain feedbacks
GRANT ROADMAP & DELIVERABLES
MILESTONE 1:
Deliverable: Ability of the protocol to receive STX and BTC and the infrastructure for Key Management Xettled Auth API Integrate with Email/Cell Phone No, Implement DID, Create Stacks and Bitcoin Wallet, and Receiving Assets
MILESTONE 2:
Deliverable: Ability of the protocol to Sending Assets Support, running smart contracts, Develop the SDK for developers, Prepare for Admin Portal
FINAL DELIVERABLE
Deliverable: The goal is to design and build an authentication protocol to unlock many use cases of Web3 applications, enabling the users to simplify the authentication, better UI/UX, perform transactions, set up wallet addresses, send/receive assets, run smart contracts, etc.
SYSTEM ARCHITECTURE
👋 @hudakurniawan Thanks for your application! We will do a pre-review and let you know if we have any immediate questions. In the mean time please refer to our review schedule here for a detailed timeline and response dates. Best, Will
I'm all for user experience and onboarding the "unbanked," and this project has a great mission and vision to get it done via its cross-border payment solution, built on top of the Decentralized Identity (DID) standard and mobile friendly (which is super important to onboard non-crypto users). Great Job!
Great progress! This team has found plenty of early adopters in Southeast Asia and Middle East who have the big pain point of having no cost effective remittance solutions. I am really looking forward to this new DeFI protocol that will bring Stacks to mobile users as well as bring on a completely new demographic of users never before possible. I support this grant!
Hi @hudakurniawan
We have identified the projects we will be awarding grants as part of Stacks Foundation Grants Program Cohort 18. I'm sorry to have to inform you that your project was not among those selected.
This is no way means that we do not see the value of the work you proposed. We're lucky to have so many talented independent researchers, developers, and community leaders like yourself building on Stacks. Unfortunately, we receive many more proposals than we can actually fund with our limited means, so competition is extremely tough. While we generally support innovation in all forms, we tend to prioritize projects that have the potential to advance and differentiate the broader ecosystem from other blockchains, as well as projects that meet critical needs of the community at the time. These constraints mean that in several instances, several excellent projects may not make it into a cohort.
We very much appreciate the time and effort you've put into this process and encourage you to continue watching this repo and consider submitting a new application if and when you feel your project better aligns with the current priorities of the Grants Program.
If you should have any questions, please let us know in the comment section below.
Best, Will Stacks Foundation Grants Program Manager
