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Hikyaku Protocol

Hikyaku Protocol makes it a breeze to send web3 assets to anyone with just an email address, even if you don't know their web3 address.

Hikyaku Protocol

Created At

ETHGlobal Tokyo

Winner of

πŸ“œ Scroll β€” Just Deploy

πŸ₯ˆ Reazon β€” Best Mass Adoption

πŸŠβ€β™‚οΈ Polygon β€” Pool Prize

Project Description

Hikyaku Protocol is a system designed to simplify the process of sending web3 assets to others without the need for knowing their web3 address. It enables users to send assets using only an email address while preserving privacy with end-to-end encryption(Partially supported at this hackathon).

And remember, Hikyaku Protocol is designed to potentially work with other identifiers like Twitter usernames or phone numbers in the future, expanding its capabilities even further!

How it's Made

  1. Alice wants to send assets to Bob, but doesn't know his web3 address. She accesses Hikyaku Protocol and enters Bob's email address.
  2. She chooses a trustworthy provider from the HikyakuNotificationProvidersNetwork, which generates a temporary web3 address for Bob.
  3. Alice sends her request to the Hikyaku Protocol contract, which registers Bob's temporary web3 address.
  4. The provider decodes the email address and informs Bob via email that Alice wants to send him assets.
  5. Bob accesses the provided URL, where he can replace the temporary web3 address with his actual one, which is then sent to Alice.
  6. If Alice had already sent assets to the temporary web3 address, the provider detects the change and sends a LitProtocol PKP NFT to Bob's web3 address, giving him control over the assets.

Bob can use a different web3 address for each sender if he wishes. The HikyakuNotificationProvidersNetwork offers a variety of providers, allowing for different levels of immediacy and response times.

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