Dollar Wallet

Countries are considered "dollarized" when its citizens use the US dollar for common transactions. In Asia Pacific this includes countries like Cambodia, Palau, and many other Pacific Islands. E-wallets like Venmo are accessible only to Americans and not available in these countries. On the other hand, these economies are usually too small to justify building a high-quality e-wallet individually.

We propose building an open-source e-wallet framework for these countries. It'll use dollar-backed stablecoins for digital holding of dollars. As it's open-source, quality can be high because contributors from around the world can improve it. Each country can fork and localize it according to local language, KYC/AML process, etc.

We started the framework as a Nextjs app. We plan to make it a PWA for so it'll feel like a native app.

We use Coinbase's Onchainkit demo app to get started. And it also seems to support many of the payment functions we need.

Certainly a couple days is not enough to build it out fully, so we'll continue to add to it after the hackathon.