Digital Identity Verification Interface - ( Working prototype @ did.MintMatrix.io )

[GENERAL] Name and surname of main applicant

Patrick Serafin

[GENERAL] Email address of main applicant

contact@MintMatrix.io

Additional applicants

N/A

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

3

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” .

No dependencies

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

• The verification protocol will be open source
• The identity protocol and data interface will be open source
• Standards and processes will be published

[METADATA] Category of proposal

Identity Solutions

[IMPACT] Please describe your proposed solution.

Our initial clients will be in the market of traditional verification requests, thereby issuing digital identities to their clients. This digital identities would have transferrable applicability into decentralized finance as the identity would already be tokenized. We plan to demonstrate the impact of our app by conducting a pilot program with a select group of organization, focusing primarily in the real estate sector.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

This is a (almost) ready-to-go interface to help drive the adoption of digital identities, especially by embedding it into traditional requests for identity verification.

[IMPACT] How do you intend to measure the success of your project?

Possible metrics:

• Number of identities issued

• Number of platform/organization integrations

[IMPACT] Please describe your plans to share the outputs and results of your project?

We hope to share our success/failure with the greater community and conclude this project with a formal report write up. After the formal write up, that content can be easily converted into a powerpoint, a medium article, and a thread of tweets. The powerpoint would be presented a Cardano meetup in Miami.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

We have already completed a considerable amount of development work that shows we’re serious about pursuing this. A early version working product already exists and can be found at: https://did.mintmatrix.io

The live website features:

• A preliminary user interface
• Users can request clients to get verified
• A user will receive an email requesting verification
• Users can go through a basic verification process
• Users will receive a digital token upon completion

Additionally, I’ve participated in the ATALA PRISM Pioneer Program and Plutus Pioneer Program (3rd

Round)

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

Primary Goal: To issue digital identities that can be used for traditional verification requests as well as decentralized finance applications.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

- Partner with landlords and realtors for digital identity processing

- Refine user interface per partners’ application

- Develop educational material

- Issue 100 digital identities

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone

• Partner with landlords and realtors for digital identity processing

Deliverable

• Documentation of partnerships

Milestone

• Refine user interface per partners’ application

Deliverable

• Documentation of updated user interface and live website

Milestone

• Develop educational material

Deliverable

• Content outline the processes and benefits of using DIDs

Milestone

• Issue 100 digital identities

Deliverable

• Transaction hashes proving NFTs being issued on the blockchain

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

25,000 – Continued infrastructure development

15,000 – Client acquisition and education

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The money spent on this project will help drive local communities into the Cardano ecosystem by offering digital identities from requesting organizations that need the verification in order proceed with traditional business activities, such as a lease or loan. This same DID can then be used in DeFi applications or used again in further traditional business activities.

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept