EncryptVault, Cryptocurrency Wallet Seed Phrase (Private Keys) Encrypted QR Code Generator | Protocol and Cold Storage Device System. Safely, digitally store all your crypto seed phrases and passwords.

[GENERAL] Name and surname of main applicant

John M.P. Santi Sr.

[GENERAL] Email address of main applicant

encryptvaultio@gmail.com

Additional applicants

Alicia E. (Every) Santi PhD

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

12

[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.” .

Not at this time.

[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

[IMPACT] Please describe your proposed solution.

My solution to lost and stolen crypto wallet seed phrases and private keys for this phase of the product are as follow:

• Hire programmers to assist in completing and debugging the EncryptVault program.
• Create a simple and intuitive UI for the program and attach it to the https://encryptvault.io website, behind a small paywall to begin drawing revenue (after initial free private and then public "testnet" releases (for 'synthetic test crypto wallets'), followed by public peer review and suggestions, followed by free beta testing of the program, feedback, and then going live).
• The program will take data, encrypt it, and then create a QR representation which can be stored with a great degree of safety to one's computer, cloud storage, trusted third party, print and safely store.
• The keys for the RSA(4096) encryption can be stored in a variety of ways, including a clever M of N, QR code solution which may be distributed amongst several trusted 3rd parties. This insures that you never lose access to the encryption which protects your data.

Please note: The endgame for this system is to cold store the functionality of the program into a cold storage, cell phone sized device. The device will remove the possibility of corrupted devices from hacking and divulging information through malware etc. The unit is intended to have front and rear facing cameras, fingerprint scanner, and face recognition. The unit will create safe QR codes on the rear facing (Green border) screen, while the unencrypted QR codes and data are exclusively on the user facing screen (Red border). The device will be compatible with security keys such as Yubikey and others. The idea is to broaden the types of authentication which can be used to gain access to your highly valuable self-banking information. It is our desire to follow the motto, “Never, ever lose access to your crypto seed phrases, no matter what*.”

For the purposes of this funding round, we are focusing on the program software, which is less than ideal due to the fact that it leaves high opportunity for compromised user devices to attempt to gain access to keys and information as it is being created.

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

The EncryptVault system will be created with Cardano and ADA as the backbone for blockchain storage. There is the hope to leverage the Midnight protocol for security and (possibly user assistance for key regeneration via M of N master key storage). When the wallet that stores wallet seed phrases hits the market, whatever blockchain it is founded upon, associated with, or leverages will benefit greatly. I intend to expand the functionality of EncryptVault to revolutionize self identity and user authorization. There is a great road ahead, and Cardano is at the center of that road.

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

If awarded, I measure success of this round with the following:

• Of the 10+ existing modules in the program which I have written (with Ai assistance), they are all debugged and functioning properly for a variety of Windows, Linux, and maybe OS (I'm not a fan of Apple, lol) devices.
• Adding the 20+/- additional program modules in place to make a MVP API with a beautiful, intuitive GUI that is clear and informative, leaving out all ambiguity. (Super important considering the stakes.)
• If possible (if the funds don't run out), attaching the program to the website, and create some testnet instruments to test this bad girl out without any risk to users.
• Keeping accurate and honest records of financial disbursements out of respect to our benefactors and for future funding rounds.
• I plan to open up the project to the Cardano family. I can't promise that Ill take any of the suggestions, but I promise to try to consider each one.

If awarded, I will use the funds frugally to hire programmers to debug and complete the program according to my specifications. If there is funding left over, I will hire web3 developers to integrate the program into the website and prepare the testnet. At this point we should have sufficient evidence to gain further funding. I will keep as much as possible open source for the benefit of the crypto community and have even abandoned my initial preliminary patent application. Unfortunately, we cannot draw any revenue until the product has been peer reviewed and properly tested. Though it would be much more expensive, it would be ideal and much safer to release the product with the proprietary device, as this would eliminate a myriad of potential hazards and breaches.

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

As the program team debugs, we will be pushing the revised code to GitHub which will be available for everyone to see and contribute. I can send our financial reports updates with a simple email signup on the website. Please note that post Covid, 75,000ADA (The max awarded) equates to about $21,662.775 today, that doesn't go very far in the programming world. I will do my best to be frugal and make the best design purchases that I can.

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

In the last two years I have spent over $60,000, in creating EncryptVault, soliciting funding, and building. I have over 600 lines of code which is publicly available on GitHub. I have been a business owner for over 20 years, and have been self employed for most of my adult life. I live and breath crypto. Just 3 years ago, I was not a technical person. I have studied thousands of hours in that time, created a crypto news aggregation site on LinkedIn, and have seen just about every news story on crypto in that time. I have personally interviewed Adam Lowe, of Arculus, John Linden of Mythical Games, and Himal Makwana of FIS. I am hard working and bull headed. I am currently enrolled for my BS in computer science, I am a master plumber and master hvac in 2 states. The service company that I own has nearly perfect reviews. I made EncryptVault because I need it, the crypto community needs it. When it is done and working, it will change everything.

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

• Gets professional eyes on the code, get the bugs fixed, and get them building and assisting with the new modules.
• Start designing and creating testnet instruments.
• Start attaching the program to the website.

These are very achievable milestones. I will go as far as I can until the funds dry out. Whatever progress that I make will certainly help for the next round of funding.

[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.

6-8 months, to frugally repair and finish the code for MVP, attempt to also create and implement testnet instruments, and if possible attach the program to the website for testing and comment.

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

• MVP EncryptVault program, who's intention is to eventually be hardwired into a cold storage proprietary device which will also produce encrypted QR representations of data (with labels).

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

• Hire a professional python programmer to evaluate and estimate the cost of repairing the existing code as well as creating the additional modules, testnet environment and instruments, and the cost of integrating into the existing website.
• Delegate the funds to those tasks in as efficient a manner as possible.
• I will not use more than 10% of the funds to cover my own expenses.

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

If we can create adoption for the project which is funded and supported by Cardano, it will foster greater awareness and adoption of Cardano as well. The Cardano family will also have a new resource at their disposal for wallet seed phrase storage, as well as open source programming to assist other in the community in new directions.

[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