Non Custodial Multichain Wallet
Cryptocurrency is a concept that digitalizes the currency that we use in our daily lives, It is based on blockchain and so far there are millions of users that have adopted it and started using it. It removes the need for banks and central systems to that manage transactions and commerce and gi
Project Title
Non Custodial Multichain Wallet
Project Area of Specialization
Project Summary
Cryptocurrency is a concept that digitalizes the currency that we use in our daily lives, It is based on blockchain and so far there are millions of users that have adopted it and started using it. It removes the need for banks and central systems to that manage transactions and commerce and gives an entirely transparent system to the users. Taking control from the government and other organizations and giving it back to the people is what this project stands for. Just in 2021, more than 600 Million dollars have been lost due to wallet hacks. Most of these were because of online wallets being hacked. To give control back to the users, and having to remember passwords for multiple wallets is a headache. Due to this problem, I’m developing a multi-chain wallet that allows users to host multiple coins in a single wallet.
Project Objectives
- User-Centered design
- Real-time monitoring
- Multi-Coin storage and transactions
- NFTs storage and transactions
- Secure access and storage
- Instant access
- No-Third party
Project Implementation Method
The project is being developed on React native technology to facilitate cross-platform deployment.
Benefits of the Project
- Give the control back to the people to manage their money.
- Allow users to store multiple coins in the same wallet.
- Allow users to monitor their currency’s worth in real-time.
Technical Details of Final Deliverable
The final deliverable will be a mobile app that is available on both android and iOS devices, facilitating the native security measures offered by the devices and will allow the users to store their cryptocurrencies and NFTs on their devices and get real-time data for their value.
Final Deliverable of the Project
Core Industry
Other Industries
Core Technology
Other Technologies
Sustainable Development Goals
Required Resources
| Item Name | Type | No. of Units | Per Unit Cost (in Rs) | Total (in Rs) |
|---|---|---|---|---|
| App Store Developer Account | Equipment | 1 | 19700 | 19700 |
| Play Store Developer Account | Equipment | 1 | 4925 | 4925 |
| Domain & Branding Cost | Equipment | 1 | 10000 | 10000 |
| Total in (Rs) | 34625 |
If you need this project, please contact me on contact@adikhanofficial.com
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