Wallet using HSM and Pix & DREX Brazil Account

Our app integrates with Pix account/wallet, allowing NFT purchases. Marketplace uses ERC-1155. Soon, customers can resell/burn NFTs. Updated with institutional custody using HSM from Dinamo Networks

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inspiration

Our inspiration was undoubtedly the engagement with technology in our country 🇧🇷 here we had the Pix instant payment that revolutionized our economy. Now we have the DREX which will be our CBDC and will bring programmability and interoperability to the trades.

What it does

With the explosion of NFTs, we saw that we needed to create a complete, easy and secure ecosystem for users to enter.

How we built it

We start with the pix account, where we have already transacted more than 1 billion reais with our ecommerce customers. Then we saw the possibility of going to Wallet, cryptocurrencies and NFTS.

Challenges we encountered

The fear of regulation and fraud made us look for certified and legal solutions to protect our users and ourselves.

Achievements we are proud of

We created a whole easy and safe ecosystem. Which allows the client to start in the crypto and NFT world. Today we are finishing our app with HSM from Dinamo with FIPS, NIST and ICP Brazil certifications. Our app integrates with Wallet Connect, which allows customers to purchase NFTs from any Marketplace. Let's implement ERC-4337 so that with the Wallet abstraction we can take care of customers. Because there will be what we call an API (Investor Profile Analysis) where it will only allow customers to buy NFTs if they are qualified in the profile. Thus guaranteeing the most conservative a security that is lacking in the market. We are also about to launch our Phygital Marketplace using ERC-1155 and 721, where customers will be able to resell their NFTs in the secondary market or burn to redeem the product. We believe a lot in Phygital for being tangible to a product.

What we learned

That it's better to go the right way than to rush in and get burned in the market. Security is the most important point in this tokenized economy. And NFTs are the evolution of the market.

What's next for Wallet using HSM and Account Pix & DREX Brasil

The international Pix will allow us to enter other markets outside of Brazil. Because today we are a good global case. We have a young population and we are the 5th country with the most smartphones. Other than that we are dealing very well with DeFi and CeFi. In 2024 the world will know who Pix Brasileiro is and its brother CBDC programmable DREX. ;)

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