0xAuth
0xAuth offers automated, compliant onboarding with portable credentials for tokenised funds, reducing compliance costs and increasing investor access across chains.User Review
AI Review
A1
Reviewed on 7 Aug 2024 12:17 AM
The project falls under one of the RWAIG funding categories (Building, Research, or Awareness).
The project falls under the 'Building - Deployment of RWAs' category.
The project has a defined problem and proposes a solution within the RWA space.
The project addresses inefficiencies in onboarding and verification processes for tokenized fund institutions by providing automated verification, portable credentials, and conditional wallet connectivity.
The project is at an advanced stage with a product and technology that could deploy on Arbitrum in the short-to-medium term.
The project is in the second phase of development with core functionality and smart contract deployment already completed on the Stellar test network. They also have pilots planned with Franklin Templeton and WisdomTree.
The project has the potential to attract larger projects and drive ecosystem growth on Arbitrum.
The project's ability to streamline onboarding and verification can potentially make Arbitrum more attractive for tokenized fund institutions, thereby driving more projects to deploy on the network.
The project team is experienced and capable of executing the proposed solution.
The project team has a strong background in blockchain, digital identity, and financial technology, with notable members having experience in traditional finance, blockchain technology, and software development.
There is existing traction, such as partnerships, pilots, or proof-of-concepts.
The project has planned pilots with Franklin Templeton and WisdomTree, and an industry-wide proof-of-concept collaboration with Chainlink and other major players.
The project does not already have sufficient funding from Arbitrum-related programs.
The project has received prior funding from the Stellar Development Foundation but not from any Arbitrum-related programs.
The project is likely to benefit RWAs and their stakeholders on the Arbitrum network.
The project aims to reduce compliance costs, enhance investor experience, and facilitate blockchain interoperability, which will benefit RWA stakeholders on Arbitrum.