Secure Deal Room

A secure deal room with encrypted negotiations powered by Fhenix FHE.

Overview

Secure Deal Room is a Web3 platform that revolutionizes business negotiations by leveraging Fhenix's fully homomorphic encryption (FHE). It allows parties to create private deal rooms where sensitive financial values like deal amounts and minimum acceptable prices remain encrypted while still enabling secure comparisons.

Problem Statements

1. Business negotiations often fail because parties are reluctant to reveal their true price thresholds
2. Traditional deal rooms rely on trusted intermediaries to verify price matches
3. Without a secure way to compare values privately, parties operate with incomplete data
4. Current platforms can't prove offer compatibility without exposing actual values
5. Securing multiple communication channels while maintaining privacy is complex

Core Features

1. Encrypted Deal Creation

   • Create private deal rooms with encrypted values
   • Set minimum prices securely
   • Manage participant access

2. Secure Offer Verification

   • Compare offers against minimums without revealing values
   • Automatic compatibility checking
   • Privacy-preserving results

3. Multi-Channel Communication

   • Encrypted chat system
   • Integrated video calls
   • Secure document sharing

4. Deal Lifecycle Management

   • Status tracking and updates
   • Participant management
   • Activity monitoring

Benefits

For Platform Users

• Complete confidentiality of deal values
• Encrypted communications across all channels
• No need to trust intermediaries
• Instant verification of offer compatibility
• All-in-one platform for negotiations
• Reduced legal and intermediary fees
• Equal negotiating power through information privacy

For Platform Owner

• Transaction fees from successful deals
• Premium features subscription potential
• First-mover advantage in FHE-powered deal rooms
• Low operational costs
• Network effect growth potential
• Cross-border operations capability

Technical Architecture

1. Smart Contract Integration

   • Built on Fhenix's FHE-enabled blockchain
   • Encrypted value handling
   • Secure state management

2. Security Features

   • Fully homomorphic encryption
   • Wallet-based authentication
   • Encrypted communication channels

3. User Interface

   • Intuitive deal room creation
   • Real-time status updates
   • Feature-rich dashboard
   • Responsive design

Future Enhancements

1. Advanced Deal Features

   • Multi-party deal rooms
   • Automated escrow system
   • Conditional deal terms
   • Deal templates

2. Enhanced Security & Privacy

   • Zero-knowledge proof integration
   • Multi-signature workflows
   • Encrypted file storage
   • Automated audit trails

3. User Experience

   • Mobile application
   • AI-powered insights
   • CRM integrations
   • Customizable dashboards

4. Business Features

   • KYC/AML compliance tools
   • Legal document generation
   • Multi-currency support
   • DeFi protocol integration

5. Platform Expansion

   • API access
   • White-label solutions
   • Cross-chain compatibility
   • Industry-specific templates

This project was made with Fhenix, Blockscout, Web3Auth and Push Protocol. These are all pieces of techs that are working amazing and impossibly good with each other. Blockscout being the explorer Fhenix was using by default has really made me not worried about connecting an explorer. Web3Auth allows me to onboard my users extremely easily like the good 'ol web2 ways. Push protocol is essential in providing chats and videos that is encrypted and decentralised/peer-to-peer.