SafleID
Understanding the Problem
User adoption and onboarding have been persistent challenges for blockchain-based applications, commonly known as dApps. One of the primary obstacles is the complexity associated with storing and managing public addresses, which serve as the main identifiers for users. This identifier is used for all chain based interactions, asset transfers and discovery. Unlike traditional applications, where user management is straightforward and intuitive, the necessity for users to handle cryptographic keys and public addresses significantly hampering user retention in dApps.
Existing solutions like Ethereum Name Service (ENS) and Unstoppable Domains offer domain services aimed at simplifying user interactions by mapping human-readable names to public addresses. However, these services are limited in scope. They primarily focus on address discovery and do not provide a permanent association with a single public address which is basically the wallet for the user. This limitation can lead to scenarios where funds are sent to expired domains, resulting in potential loss of assets.
The lack of perpetual linkage between domain names and public addresses introduces a critical flaw in user experience and security.
There is a pressing need for a more robust infrastructure that not only simplifies user interactions but also ensures persistent and reliable public address management.
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