Centralised password managers are not fail proof. With increase in blockchain adoption there are too many passphrase to remember. Storing them in a secure place is a challenge.
Create a mobile app with ELA wallet inbuilt. Users should be able to create vaults within the app where the sensitive content like passwords and passphrase will be encrypted with the private key and / or user provided password and written to the ELA blockchain. Hence there will be one passphrase that the user wants to keep secure which the ELA wallet in the app. This passphrase along with the user provided password would help them to read and decrypt the other password or passphrase information from the blockchain.
Suba R: Full stack developer & designer with more than 8 years of experience. Please find my work at www.iamsuba.com
PoC is already ready. Front end development is in progress. Please find it at https://youtu.be/mFMfqg3FBfE
1st week: Complete front end development in React native for both iOS and Android.
2nd week: ELA wallet implementation with ability to send and receive funds.
3rd week: Password/Passphrase storage method implementation.
4th week: Testing and Bug Fixing. Submit to App Store marketplace.
Revenue: To write to the ELA blockchain we need ELA, as a service provider we will charge 20% of the total transaction fee involved.