"Easily manage all your assets in your hand.”
Most wallet products aim to offer the features to store and transfer certain digital assets. There are many wallet products in the market, and the features they provide fully satisfy the requirements of users who understand blockchain and cryptography.However, the complexity that comes from the fundamental characteristics of Blockchain, PKI and decentralization is still recognized as difficult and inconvenient for the general users. ICONTROL aims to present a new vision of wallet product that dramatically improves the user experience by applying new ideas to existing wallet product features and providing a user-friendly mobile banking service experience. In addition, we want to offer a unique ID to WalletX users in a way that guarantees anonymity, and connect to multiple Dapps with the ID to ultimately become a gateway to activate the ecosystem.
WalletX is a “most reliable and secure” cryptocurrency wallet and aims to be a user endpoint that can manage
Product differentiation of WalletX is as follows.
Feature 1: INS(ICON Name Service)
“Easier and safer ID”
INS(ICON Name Service) is a feature that allows users to create and manage their own public address in the form of an online service ‘ID’ so that they can easily remember and use their public address. Traditional cryptocurrency wallet addresses are long and difficult to remember. Since users could not memorize his/her own address, it was inconvenient to always log in to the service to know his/her address. Also, when sending money, users would double-check it twice or twice, in case the wrong address was entered.
However, WalletX users can easily create their own unique ID, which is easy and user friendly, instead of a public address. User flow is as follows.
In this way, users can link their unique IDs to public addresses and make deposits and transfers more convenient in a way that guarantees anonymity.
Instead of a long and complex cryptocurrency address, it is easier to remember and reduces the likelihood of mistakes in the remittance process.INS is recorded on a decentralized network and is designed to enable forward lookup (HX->Short Name) and reverse lookup (Short Name->HX). The inquiry function will be provided as an API so that it can be used in other wallet products.
In other blockchain network cases, there are teams that provide services similar to ‘INS’. Their domain auctions have exceeded 600k, and on average, users have purchased 1-2 domains. Accordingly, we believe that the marketability has already been proved.
Ultimately, INS will provide a single identity to all users, such as the Domain Name Service (DNS)of the web ecosystem. In addition, in order to purchase the specific ID users want, we will add a fun element to our service by operating a marketplace so that preempted IDs can be sold or exchanged.
Feature 2: Fingerprint Authentication
"Universal key generation with one registration”Although there are wallet products that improve authentication convenience and security by using biometric authentication methods, each token wallet required it’s own individual encryption, so users always had to manage multiple passwords. However, WalletX is designed to access multiple wallets (1:N authentication method) with a single fingerprint.
Users can easily perform various tasks with a single fingerprint instead of separate passwords. Fingerprint authentication can not only unlock the application, but can also be used to inquire and remit individual assets.
Each user’s fingerprint data is encrypted and only stored in their device’s secure area. No one can reverse engineer the actual fingerprint from that data, and it is designed not to be stored on the app server either.
Feature 3: Notification
“Real-time asset monitoring”
Users can easily perform various tasks with a single fingerprint instead of separate passwords. Fingerprint authentication can not only unlock the application, but can also be used to inquire and remit individual assets.
Each user’s fingerprint data is encrypted and only stored in their device’s secure area. No one can reverse engineer the actual fingerprint from that data, and it is designed not to be stored on the app server either.
Feature 3: Notification
“Real-time asset monitoring”
To make it easier to check when my assets are changing, it offers push notification functions according to user settings, such as a mobile banking service.
Users can receive real-time notifications of deposit and withdrawal events.
Event message data is also included in the transaction. When sending money, the message can be sent to the recipient.
Users can receive real-time notifications of various Dapp information and asset price changes.
Users can select whether to activate the function for a specific address.
