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Launching a web wallet for our 24,000+ Kenyan local community currency economy

CATEGORIES

Defi Usability

MATCH ROUND 6

4 DAI

FINAL MATCH

ROUND

67 DAI
10 contributors

Description

{"ops":[{"attributes":{"background":"transparent","color":"#0d023a"},"insert":"🌱 "},{"attributes":{"background":"transparent","color":"#000000"},"insert":"We are happy to announce that since "},{"attributes":{"background":"transparent","color":"#1155cc","link":"https://gitcoin.co/grants/522/end-to-end-blockchain-ubi-with-10000-kenians-in-2"},"insert":"our last grant"},{"attributes":{"background":"transparent","color":"#000000"},"insert":", the "},{"attributes":{"background":"transparent","color":"#1155cc","link":"https://dashboard.sarafu.network/"},"insert":"xDAI Sarafu local Kenyan currency have now hit more than 24.000+ end-users "},{"attributes":{"background":"transparent","color":"#000000"},"insert":"and businesses. Today, each one of these users interacts with the system via feature phones, similar to how they are used to do their everyday transactions with M-PESA. "},{"insert":"\n\n"},{"attributes":{"height":"331","width":"602","background":"transparent","color":"#000000"},"insert":{"image":"https://lh6.googleusercontent.com/_I6koaoNnvz6OpkNYvd7BDGPXlH8wlBFsytn7K6sXT5uDh0YeED9YNhN_6LQq6Ub_IwkpgjD9QpQYApVZeNmC49i9oXRgFw0kg8BWXx9l2VnugYQD7Ujip8hh1800lxs1T9pZt27"}},{"insert":"\n\n\n"},{"attributes":{"background":"transparent","color":"#000000"},"insert":"While being very accessible, this SMS-based solution however comes with the downside of being subject to high 1) telecom fees and compliance procedures and 2) the end-users do not have full custodianship of their own funds. "},{"insert":"\n\n"},{"attributes":{"background":"transparent","color":"#000000","bold":true},"insert":"🚀 Benefits of using a mainstream-ready web3 wallet "},{"insert":"\n\n"},{"attributes":{"background":"transparent","color":"#000000"},"insert":"Based on our work with Grassroots Economics, Commons Stack and B4H we’ve held several user studies, to learn about the needs and means of the users. These user and stakeholder interviews have resulted in this "},{"attributes":{"background":"transparent","color":"#1155cc","link":"https://miro.com/app/board/o9J_ksjhres=/."},"insert":"user research feature mind map."},{"attributes":{"background":"transparent","color":"#000000"},"insert":" We’ve discovered a large amount of the users actually have access to a smartphone and data. Providing a decentralized solution, this Kenyan user-group will be able to reduce transaction costs, avoid being locked into third party providers, and the whole system will benefit from the non-custodial nature of “your keys, your coins”. Utilizing social, SMS & Email logins, we will however be able to make the wallet feel like a payment experience the users are already familiar with."},{"insert":"\n\n\n"},{"attributes":{"background":"transparent","color":"#000000","bold":true},"insert":"📱Spec & timeline for launching a PWA wallet ready for “normal people”"},{"insert":"\n\n"},{"attributes":{"background":"transparent","color":"#000000"},"insert":"To make sure to focus on the most urgent needs of the user-base, we’ll within the next 3 months ship a contract-based progressive web-app with React Native to be used with the Community Currency Inclusive (CIC) platform on the xDAI blockchain. To hide away the private-key flow the login and backup process will be utilizing 0auth style logins. To remove the need for public-keys we’ll be utilizing native "},{"attributes":{"background":"transparent","color":"#1155cc","link":"https://github.com/LinkdropHQ"},"insert":"Linkdrop"},{"attributes":{"background":"transparent","color":"#000000"},"insert":" implementation to allow “send by link”."},{"insert":"\n\n"},{"attributes":{"height":"287","width":"133"},"insert":{"image":"https://lh3.googleusercontent.com/xzZ_eI4qJpweib8qdPVIWR8WPUuzQp4rwGKJdsI3D8sqLQ1EVt9_WL1KP0nZgzdpj17BZMTm8z4OjSqrmJChB7msASoxOlv7_-oktXQe8cEfQYSLPmHpW95WTh_x1XbXcxDC0_jR"}},{"insert":" "},{"attributes":{"height":"297","width":"138","background":"transparent","color":"#000000"},"insert":{"image":"https://lh5.googleusercontent.com/jadr3itb16RBV_HXtGbZ-54y68AiGbr03SfQrIOdZSOrs-IPE5hC0jlWQSm2uJE5LRTcrmYua7PffrSNATHs6qu_uLJcU0IGqWNcB2MevGHietcglLHqWnWpoyL5yyXhLVT_RuiE"}},{"attributes":{"background":"transparent","color":"#000000"},"insert":" "},{"attributes":{"height":"292","width":"135","background":"transparent","color":"#000000"},"insert":{"image":"https://lh6.googleusercontent.com/Ck8nL1d4prDVIXWd9DilKMfg8Y2nZJPvmjDYBS_0m7jc7bV46ViqOF-dcqp37-0p6Ew5aVJSRoLSbsni9yq9GFhST4NhJaeeMJSH3Dlodne4MVOjaHbp_ErBBqmiPLLMEf00bT3O"}},{"attributes":{"background":"transparent","color":"#000000"},"insert":" "},{"attributes":{"height":"288","width":"132","background":"transparent","color":"#000000"},"insert":{"image":"https://lh6.googleusercontent.com/PXdDrRROg3W752hX1XrqIP9aIj-n-lG0rJUmAHsrKfsuabp0SXnLd-YhCALkwnoJry-UbckxNfOqhNCuJq5PP8yzL85s7zr8hsuUvakKGsLfLa1jQXpjbSMB5Q8Giy-MPL1NdX10"}},{"insert":"\n\n\n"},{"attributes":{"background":"transparent","color":"#000000"},"insert":"Finally for the Kenyan end-users to use the wallet complementary to their M-PESA account, we utilize an e-money API to enable to “Cash in & out”, allowing the users to fund the Sarafu local currency with M-PESA or cash out into their M-PESA account."},{"insert":"\n\n\n"},{"attributes":{"background":"transparent","color":"#000000","bold":true},"insert":"💸 Support us"},{"insert":"\n\n"},{"attributes":{"background":"transparent","color":"#000000"},"insert":"With your help, our results will bring alternative tokenomics and DeFi to the real world and inspire actual real-word bottom-up communities benefiting with transparent and fair programmable economies!"},{"insert":"\n\n\n"}]}

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