AlphaWallet introduction
Based on the ERC-875 protocol, the tokenization of the entire world of people, things, things, and rights is realized. Going up a level, the virtual world and the real world can be linked through a specific irreplaceable token protocol to achieve "interoperability of all things". Going up one level, perhaps the farthest place that can be seen is that after tokens are used to refer to people, things, things, and rights, they themselves can become an integration point, which can integrate various services and application. For example, car rental services, insurance, credit card companies, etc., can be integrated directly on the user side when calling services. The core members of the AlphaWallet team are CEO Zhang Zhongnan and CTO Zhang Weiwu. They chose to start with a programmable wallet. This is a wallet that directly supports non-fungible tokens and can be used as a gateway connecting the virtual world and the real world. Based on this wallet, life services in the real world can use blockchain technology to have a powerful basic technology platform, thus having unlimited imaginative possibilities. Based on the team's experience in ticketing, the first instance that AlphaWallet chose to start from ERC-875 and wallets is the Russian World Cup tickets. AlphaWallet independently develops the ERC-875 protocol, which will not only make digital assets valuable for collection, but also help assets that are inseparable and replaceable in the real world and have unique property rights to be put on the chain, and provide chain operations for offline services. possibility. Although the ERC-721 protocol can also achieve the non-fungibility of tokens, it has some problems that are not easy for users to use, such as requiring both parties to pay gas fees and not being able to simply realize atomic transactions. ERC-875 has two built-in cryptography protocols. On the one hand, it can easily realize the atomic swap transaction, directly build a decentralized market, and lower the threshold for ordinary users. The seller does not need to hold Ethereum, and the buyer pays once for gas. ; On the other hand, it can simply package and process a large number of transactions.