[RFP]: Two-step approval after remittance

[ymiyazawa-basecode]

Proposal Due Date

14/04/2024

Proposal Overview

I would like you to create a function to cancel a remittance that has been sent by mistake.

If a sidechain is placed in front of the SORA network, and the money goes into the wallet through a 3-step approval process with approval by the receiver, approval by the sender, and approval by the validator, it will be possible to simultaneously cancel a wrong transfer and sign the correct approval, which has never been done before.

Proposal Goals

The wrong remittance can be cancelled and the correct authorization signed at the same time.

Scope of Work

Advice and Tactics

Current Roadblocks and Barriers to Success

I believe the pitfall is the speed of the remittance.
But more than the speed, I believe mutual confirmation is very important.

I think the key is to create a secure rollback transaction.

In the analog days, we used to hand things over and pass fruits and vegetables.
We need to replicate that in the digital age.
For this reason, I believe that authentication is necessary even after the money is transferred.

Even in today's society, when a bank transfers money, there is some kind of contact between the two parties to confirm that the money has been received, and I would like to reproduce that in some way in the form of an authorization chain.

Evaluation Metrics and Criteria

You may define it and we would be happy to consider it after we have prepared the documents.

The criterion is "approval of value".

The universe is made up of a single mitochondrion, from which we have derived the human race. In order to create a world where the entire world happily approves of each other, we must supplement it with some kind of chain.

Submission Requirements

Creation of Individual Authentication Key Transaction

Submission Method

Blockchain: Polkadot parachain

Project Due Date

No response

Budget Amount

No response