Photo - enclayve
58903

enclayve

USA, California
Market: Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 01.11.2022
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Idea

enclave is the first hybrid crypto wallet that brings the superior security of a hardware device with the convenience of a software app.

Current Status

2021: developed production product that proved the hybrid product in private social media
2022: developed hybrid crypto wallet prototype based upon Ethereum

Problem or Opportunity

Despite "Crypto Winter", there are 300M+ owners of cryptocurrency with around 1 trillion dollars of spending power. The things available to buy with cryptocurrency is greatly expanding, in games, metaverses, and numerous verticals and brands. Secure and liquid crypto wallets are required for crypto owners to spend their currency, but none provide both security and convenience.

Solution (product or service)

We have developed the first hybrid crypto wallet, which provides the convenience of a software wallet AND the superior security of a hardware device. It provides cold storage AND hot storage in a single product. It is the only wallet device that stays at a customer's home and connects directly to blockchains using the customer's home broadband. crypto transactions run on the customer's device in his home directly to the blockchains. This is the ultimate in privacy and security. Our enclayve app gives customer's super-secure access to their wallets from anywhere at anytime.

Business model

We sell the hardware wallet and a monthly subscription. Unlike any other subscription service, we have no back-end service at all. This is because all transactions run in the wallet devices that customers own in their home with their bandwidth, power and space. enclayve can scale to any number of users without any back-end services.
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