DeFi Authenticator (A blockchain-based authenticator)

Funding Proposals
1

Project
[DeFi Authenticator]

Application type

[Grant]

Proposal overview

A blockchain-based authenticator that implements two-step verification services using the Time-based One-time Password Algorithm and HMAC-based One-time Password algorithm, for authenticating users of software applications. A decentralized Authenticator service is live on Harmony.

2

@mbarret3 we don’t fund ideas and we encourage that you do a proof-of-concept (POC) first. From the application page Harmony Grants and Investments (Paused) -

  1. 500 Launches ($20M). Applications of each launch must have prototyped a feature-full product. Harmony helps incubate these founding teams with product development, fundraising, and talent recruit. We recommend a $50K equity-free contribution each: $10K after launching a feature-complete product on our testnet, $10K after mainnet launch, $10K after forming a DAO with its community, and $20K for after 10K users.

If you agree to this, can you describe the proposal in greater lengths?

  • Will there be a mobile app included?
  • Will each authenticator code be tied to a wallet address, or is it a one-to-many relationship?
  • How do we guarantee time sync between the device and the blockchain, or do we need to care?
  • Is the smart contract performing the hashing functionality, if so how expensive will it get?
3

Closing Topic since we’ve not received any response for the last 2 weeks. Thank you for your interest, please consider posting a proposal along the guidelines at Apply for Grants or DAO