ALKEMY

Create a way to recover access to wallets via a secure , decentralized, and anonymous way in the Ethereum ecosystem.

Description

The team at Alkemy decided to explore the use of a defi protocol to help come up with a solution for a non-defi, real world problem. The problem - losing access to your money forever because you forgot the password and lost the seed phrase. Our solution - These members, known as "Guardians" will store the piece of information until the "Owner" of the seed phrase requests to recover their seed phrase.

How it's made

The team at Alkemy decided to explore the use of a defi protocol to help come up with a solution for a non-defi, real world problem. The problem - losing access to your money forever because you forgot the password and lost the seed phrase.

Technologies used

EthereumIPFS/FilecoinSolidityENSThe GraphChainlinkAave Borrow/LendingENS DomainsMatic/Polygon