Open Source Mobility and Transportation Wallet

[GENERAL] Name and surname of main applicant

Oussama Benmahmoud

[GENERAL] Email address of main applicant

oussama.benmahmoud@peak-soft.de

Additional applicants

Abderrahim Issaoui

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

10

[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.”

Project will be fully open source.

[METADATA] Category of Proposal

Wallet

[METADATA] SDG rating

As the PeakChain Mobility Wallet project is mainly focused on financial inclusion and building sustainable cities and communities, we align with the following United Nations Sustainable Development Goals (SDGs):

SDG 9: Industry, Innovation, and Infrastructure (Target 9.3)

Increase the access of small-scale industrial and other enterprises, particularly in developing countries, to financial services, including affordable credit, and their integration into value chains and markets.

SDG 11: Sustainable Cities and Communities (Target 11.2)

By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons.

Our primary KPIs for these goals will be the number of users utilizing our mobility wallet and the volume of transactions carried out. More usage and higher transaction volume would indicate greater financial inclusion and accessibility to sustainable transport options.

[IMPACT] Please describe your proposed solution.

We propose to develop an open source blockchain wallet specifically tailored for the mobility sector named "PeakChain Mobility Wallet." This wallet will be allowing users to conduct transactions, store their digital assets, and interact with smart contracts in a secure, efficient, and user-friendly manner. The wallet will be designed to cater to the unique needs of the mobility sector, offering functionalities and features that align with sector-specific requirements. As a user-centric solution, the wallet will prioritize intuitive design and simplicity of use, making blockchain interactions easier for enterprises in the mobility sector.

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

Our proposed solution directly addresses the challenge by leveraging our team's expertise in blockchain technology, software development, and quality assurance. The focus of our project is on the development and enhancement of an open-source wallet for the Cardano ecosystem. 

Here are the key impacts and benefits our project will bring to Cardano:

1. Enhanced User Experience: Our project is centered around building a user-friendly open-source wallet for Cardan
2. Software Quality and Reliability: With a focus on an open-source wallet, our project emphasizes rigorous software quality assurance
3. Community Growth and Involvement: As we are working on an open-source project, we encourage contributions from developers worldwide
4. Empowering the Ecosystem: Our open-source wallet will address existing challenges in a user-friendly and efficient manner, thereby strengthening the Cardano ecosystem

We are realistic in our expectations and foresee a gradual increase in usage of our open-source wallet as our project progresses and matures. Within a reasonable timeframe post-project completion, we aim to engage a significant number of users, thereby contributing to the overall activity and vibrancy of the Cardano ecosystem.

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

The success of our project, an open source wallet for the Cardano ecosystem, will be gauged through a combination of both quantitative and qualitative measures.

Quantitative Measures:

1. Completion of User Stories: We will track the successful completion of each user story within our sprint
2. Project Milestones: Our team will measure the successful delivery of the open-source wallet within its timeline, ensuring that each developmental stage is completed on schedule
3. Code Quality Metrics: Given the open-source nature of our project, it's crucial that we maintain the highest standards of code quality

Qualitative Measures:

1. User Feedback: An open-source wallet is ultimately for the user
2. Community Engagement: As our project is open source, community engagement is crucial

In terms of the project's impact on Cardano’s productivity and growth, in the short term, our project aims to deliver a tangible, functional solution that addresses existing wallet-related challenges. The user-friendly and reliable wallet we create will enhance the overall efficiency of transactions within the Cardano ecosystem.

In the long term, our project aims to foster innovation within the ecosystem. By providing an open source, reliable, and high-quality wallet, we'll encourage more developers and businesses to build on the Cardano blockchain and possibly contribute to the wallet's development. This can lead to an increase in dApps and other use cases for Cardano, ultimately contributing to the network's growth and the value of ADA.

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

We plan to share the outputs and results of our project, a new open source wallet for the Cardano ecosystem, through several channels. This includes the launch of our PeakChain Mobility Wallet, complete with comprehensive details about its functionalities, usability, and benefits to the community, via our website, social media, and at blockchain and open-source focused events. 

Given the open-source nature of our project, we will place special emphasis on encouraging developer engagement. We will conduct educational webinars and workshops to introduce our solution to potential users and developers. Our aim is to not only assist users in utilizing the wallet but also empower developers to contribute to its growth and refinement.

Furthermore, we will work closely with key stakeholders in the blockchain and open-source community. We will ensure they are kept informed about the wallet's development, encourage their feedback, and promote its adoption within the Cardano ecosystem. The wallet's open-source nature provides a perfect avenue for this collaborative approach.

Our project's results will also be utilized for further research and development. Being open-source means we can leverage the collective intelligence of the developer community to continually evaluate user feedback and transaction data, identifying areas for improvement or expansion of services. This will ensure that our open-source wallet remains at the forefront of user needs and industry trends.

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

As PeakSoft GmbH, a Germany-based consulting company, we bring an extensive range of skills and experiences to the table, making us uniquely positioned to deliver this project.

• Company Reputation and Track Record: Over the years, we have established ourselves as a trusted entity, working with large-scale applications and big clients. Our projects' success, including partnerships with leading German automakers, underscores our ability to deliver high-quality results and manage large-scale projects efficiently.

- Solid Team Foundation: Our company boasts six full-time employees, each bringing their expertise in diverse disciplines such as software development, quality assurance, project management, and blockchain technology. This strong internal structure will ensure that all aspects of our project are managed effectively.

- Extended Resources: Beyond our internal team, we have access to an extensive network of external consultants. Should the need arise, we can swiftly deploy additional resources to ensure our project progresses without disruption.

- Web2 and Web3 Expertise: Our team members are pioneers in both web2 and web3 technologies. We have in-depth experience in large-scale software quality assurance and application development. Furthermore, our involvement as Plutus Pioneers and Atala PRISM Pioneers showcases our deep-rooted understanding and commitment to the Cardano ecosystem.

- Transparency and Accountability: We prioritize maintaining clear communication with the community. Regular progress reports and periodic webinars and Q&A sessions will be organized to keep stakeholders updated. Our stringent budgeting and auditing procedures will ensure that funds are managed appropriately and used as intended.

While our current budget allows for the completion of our proposed project, we may consider seeking additional funding in future Catalyst rounds. This would enable us to introduce new features and expand our project's scope. Any additional funding required will be detailed in a separate, new proposal.

To track the progress of our project, we'll implement Agile methodologies, particularly Scrum, and set clear acceptance criteria for each project component and deliverable. We'll also make use of Scrum boards and product backlogs to provide a transparent and constantly updated view of our progress.

For us, success is not merely about reaching milestones. It also involves accomplishing our established acceptance criteria and user stories within our sprints, and successfully delivering the first product increment within the proposed timeline. In essence, success means delivering a product that meets our high-quality standards and offers real value to the Cardano ecosystem.^

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

The main objectives of our project, the PeakChain Mobility Wallet, an open-source wallet designed specifically for the Cardano ecosystem, are:

1. Develop a Fully Functional Open Source Mobility Wallet MVP: Our primary goal is to create an MVP (Minimum Viable Product) of an open-source wallet tailored specifically for the mobility sector
2. Enable Seamless Transactions in the Mobility Ecosystem: The MVP of the wallet will be designed to enable a select group of users to transact easily within the mobility sector, improving the overall user experience
3. Promote Cardano Adoption in the Mobility Sector: By providing an open-source, practical, and valuable solution, we aim to promote the use of Cardano within the mobility industry
4. Scale Up and Extend the Application: Following the MVP, we plan to leverage the power of the open-source community to scale up the application and potentially extend its functionalities based on community contributions and need

How we will validate our approach:

1. User Feedback: With a limited group of experimental users, we will collect and analyze feedback to refine and improve the MV
2. Transaction Volume: We'll track the volume of transactions made using the open-source mobility wallet as a measure of its usefulness and adoption among the experimental user
3. Adoption Rates: We'll monitor the usage rates of our wallet within our select group, focusing on active user involvement and their experience
4. Post-Launch Improvements: After the MVP, we'll use feedback from the experimental users and the open-source community to identify areas for improvement and further development

From a technical standpoint, our project will leverage the expertise of our team, which includes software engineers, quality assurance specialists, and project managers. We will use agile software development methodologies, specifically Scrum, which enables rapid iteration, flexible response to change, and maintaining quality through incremental delivery. Our technical approach is designed to be robust, adaptable, and highly collaborative to address any challenges that may arise during the development of this open-source wallet MVP.

[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.

• Months 1-2: Team setup, market research
• Months 3-4: UX/UI design and development of the basic wallet architecture
• Months 5-6: Integration with PeakChain and development of advanced features
• Months 7-8: Rigorous security and usability testing
• Month 9: Beta release and user feedback
• Month 10: Full launch with final adjustments based on feedback

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

The main objectives of the PeakChain Mobility Wallet project are:

1. Develop an MVP open-source mobility wallet: The wallet will be tailored specifically for the mobility sector
2. Enable seamless transactions in the mobility ecosystem: The wallet will enable users to transact easily within the mobility sector, improving the overall user experience
3. Promote Cardano adoption in the mobility sector: By providing a practical and valuable solution, we aim to promote the use of Cardano within the mobility industry
4. Scale up and extend the application: Post the initial launch, we plan to scale up the application and potentially extend its functionalities

How we will validate our approach:

1. User feedback: User experience is at the heart of our project
2. Transaction volume: We'll track the volume of transactions made using the mobility wallet
3. Adoption rates: We'll monitor the adoption rates of our wallet within the mobility sector
4. Post-launch improvements: After the initial launch, we'll gather feedback to identify areas for improvement

From a technical standpoint, our project will leverage the expertise of our team, which includes software engineers, quality assurance specialists, and project managers. Our approach will involve using agile software development methodologies, specifically Scrum, which enables rapid iteration, flexible response to change, and maintaining quality through incremental delivery. Moreover, we're planning to use Atala PRISM for blockchain integration, given our expertise as Atala PRISM Pioneers. We believe our technical approach is robust and adaptable to any challenges that may arise during development.

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

1.Project Management: 160,000 ADA 

• This includes planning, organizing, and administering the project. It involves managing resources, timelines, risks, communication, and quality.

2.Software Development: 400,000 ADA 

• This involves the actual development of the mobility wallet application. It includes front-end and back-end development, blockchain integration, and testing.

3.Quality Assurance: 80,000 ADA

• This includes the testing and quality assurance phase to ensure the developed software meets the required standards and is bug-free.

4.Documentation: 40,000 ADA 

• This includes the creation of comprehensive technical and user documentation, necessary for the smooth operation of the application and to ensure easy onboarding of new users.

5.Marketing & Community Engagement: 60,000 ADA

• This includes the costs of promoting the application, engaging with the community, and handling customer support.

6.Reporting & Audits: 20,000 ADA 

• This includes costs related to regular reporting back to the community, financial auditing, and code auditing.

7.Contingency Fund: 40,000 ADA

• A contingency budget is set aside to account for unforeseen expenses or overruns. 

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

Our project's cost offers significant value for money for the Cardano ecosystem due to our team's expertise, our operational efficiency, and our strategic approach to resource utilization.

Our team comprises highly skilled professionals, with extensive experience in large-scale application development, software quality, and connected car projects. This high caliber of expertise might appear to increase the cost, but it also ensures that we deliver high-quality solutions that are designed to stand the test of time, resulting in long-term savings for the ecosystem.

In terms of operational efficiency, we, as PeakSoft GmbH, a Germany-based consulting company, have years of experience working with prominent clients and managing sizable projects. This experience enables us to streamline our operations, reducing overheads and eliminating unnecessary costs.

Furthermore, as a company, we have full-time employees dedicated to this project, ensuring a high degree of accountability, ownership, and commitment, which in turn leads to better cost management and enhanced output. This commitment also extends to the possibility of deploying external consultants, if necessary, to enhance our capabilities without significantly affecting our cost structure.

The budget for this project has been determined considering the average wages for software professionals in Germany, which is one of the higher wage countries in Europe, reflecting the high level of expertise and quality assurance that we bring to this project. However, we're confident that our team's unique combination of skills and experience in both Web2 and Web3 technologies offers exceptional value for the Cardano ecosystem.

Ultimately, our aim is to provide the Cardano community with solutions that not only solve existing problems but also open up new opportunities. By investing in our project, the community is investing in the potential for future growth and innovation within the ecosystem, making it a value-for-money proposition.

[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