Image header: Project title: SendIt - Blockchain payment via Email Summary: SendIt is on a mission to simplify the use of blockchain for everyday users. SendIt is a simple but powerful wallet that allow anyone to send and receive payment via their normal email, users to use and interact with stellar blockchain just like they will use their normal bank app, without the need to know the technical part of it. It is no doubt that the greatest challenge to blockchain mass Adoption is caused by the complexity of Blockchain, fact that not everyone can understand the technical part of blockchain, not everyone will understand what public key, private key, consensus algorithm, validators, smart contract, hashing, cryptography, encryption, decentralization and other technical terms really mean, These terms makes Blockchain Really hard to use for someone who just want to enjoy control of their Money and the security blockchain provides, Sendit is solving this problem. Category: Applications, tools, infrastructure Goals: SendIt is on a mission to make Blockchain services accessible to everyone. Simplify the use of Blockchain for Everyday users, Encouraging mass adoption. Financial Inclusion for All through stellar Blockchain Timeline: We have launched the testnet version for everyone to check out (With limited features) and we will appreciate feedbacks, Within Two months we will launch on mainnet with Support for few stable coins and XLM. As we progress we will integrate more stable coin and other asset supported on StellarDex. Description: The present dapps are really doing a great job, but there is still need to embrace the everyday users(The masses), using any of the present wallet requires you to provide your recipient public key, Which can actually be a serious challenge to someone not in the space before. SendIt has provide an awesome solution to this, users don't need to Know anything about the public key part of blockchain to enjoy the benefit of blockchain, With SendIt users can send/transfer fund to anybody just by knowing their recipient email address(Not a Federated address). Say your friend Bob own the email address bob@yahoo.com , you will be able to transfer any Trusted asset to Bob just by typing his email address( bob@yahoo.com ) and he get a notification of the fund and can do whatever he wishes to do with his Fund, When sending to Bob for the first time, you will encrypt this transaction with a pin, Bob can only claim ownership of fund if he has the Pin for this Transaction. Reverse/Recall Transaction send to a wrong email- We understand that users can actually make mistake of typing a wrong email address when sending fund/asset to a new account, for this we provide a solution to be able to recall/reverse this transaction just in-case of any mistake(as long as the users of the email don't have the pin to the transaction) say you send asset/fund to bobb@yahoo.com instead of bob@yahoo.com , you will be able to reverse this transaction back to your account but you only get the destination asset. This feature is only available if you are sending to a new account. Transaction sent to an existing account can not be reverse. In another attempt to encourage mass adoption of stellar blockchain, Users of SendIt will be able to Hold Asset A and send Asset B to another Users, via their Email, Public address or a federated Account(This will be only for asset available on stellar Dex). Example You are a father/husband who works in the Uk and have your family in Nigeria, You will be able to transfer USD and Your family get NGN(Almost instant, thanks to stellar awesome structure) without the need for any of the parties to visit bank for this transaction, and fund is available to be withdraw immediately to you local account(Thanks To stellar Anchors). Imagine You seating on your couch at home(say London, UK, China. etc) and be able to send me Naira without the need to visit a bank for FX or the need to Visit the Exchange to sell one token for another. You get to See the amount that will be deducted from Your account before Sending. This feature will be available for all asset added to the wallet. It is no doubt that blockchain provides tons of advantage compare to the traditional Financial system, with SendIt, Users will be able to enjoy the benefit of Stellar Blockchain without the need to know the technical part of it. Users will be able to Fund their wallet just like they will fund their normal bank account, have TOTAL CONTROL OF Fund, SECURITY, LOW TRANSACTION FEE, FAST TRANSACTION TIME(3 secs) and many more will be available to user. Experience Users of Blockchain wallets are also welcome to use SendIt, transfer via federated and Public Key address will also be made available for everyone, Experienced Blockchain Users will be able to add custom asset and this custom asset will be available for email transfer too. Users will be able to receive trusted asset via their federated address and public key from other Experienced users and they will be able to get trusted asset via their email too. The test version for the wallet is available to be tested out by anyone, Custom adding of asset isn't available for the testnet version at the moment. For deposit You can mimic the deposit of both USD and NGN and the amount you enter will be credited for testing(not more than 20k). We plan to launch with USD, XLM, NGN, and adding custom asset, More asset will be added as we progress. ALL TRANSACTIONS PROCESSED ON SENDIT ARE BLOCKCHAIN BASED (Can be viewed Right on Stellar.expert) Links: Link to testnet https://bit.ly/2wVugX0 Tags: python, sendit,

What region are you targetting? What are funding options?

umbrel Thanks for the question. Email fund transfer ontop of blockchain gives us world wide reach but we intend to take this one step at a time bearing In mind local regulations. For start it will be Africa and others who live in diaspora who just want to send money to their loved ones at home.

@umbrel Our funding option include(but not limited to ) grants, equity funding and more but at the moment we are not considering having an ico, ieo or tokensale

Afolabi sorry, I guess I wasn't clear enough, I meant funding options for users on your website you have this

umbrel Funding options for fiat deposit, users will be able to fund their fiat account using methods provided by anchors on the stellardex. We are working on more ways to make sure users can have many choice to fund their fiat wallet, this include using debit and credit card. For crypto Funding, users can use any of the three methods supported on sendit, federated address, pure email, public key, option for phone number is in the pipeline too

@umbrel And funding your wallet via crypto also gives you access to send crypto and specify what currency you want the end User to receive. This might be fiat stable coin or any other asset available on stellardex

It is not a decentralized solution and In my opinion, no one will use this app and will not give their asset to a third party Also please change your screenshot in landing page because it's not related with your idea

John Thanks for your contributions, but in the real sense sendit is not a centralized solution, we are just making stellar accessible to everyone by simplifying the process. Sendit doesn't keep anyone token/asset they are live on the blockchain and wallet created through sendit can be exported to any other wallet that support exporting wallet with private key.

@John You need to relax with your decentralization demands and general aggressive tone. You're very clearly not acting in the spirit of the SCF. Hard questions are good but demands outside the requirements of the SCF and general disrespect for entries aren't helpful. Please provide kind and supportive feedback even as you do ask good, appropriate and direct questions. Thank you.

SendIt - Payment via Email

Afolabi

galactictrade

Oook, now I get your concern. We don't store plaintext just like I said before and this is not exposed anywhere in the source code, only hashed one is save and this is securely hashed, thanks for your feedback. Feedbacks like this help improve the App

Funding will help us create a more robust system, intuitive UI and also add more feature. Thanks so much for your concern, if you have more concern(s) please share them we are happy to hear , this will help us improve

Banke

Lot has been discussed here since my last login

Afolabi

UPDATE!!!

SendIt mobile app is on!

We have started working on SendIt mobile app and we believe it will be great to share our progress and update with the community

Features Already Tested on Livenet:

SEP -024 (NGNT)

Email Transfer of XLM and other asset
Transfer to federated account (same Asset)
Transfer to public Address
Receive via email
Receive via public key
Add Trustline ( including Custom adding of asset)
Fiat deposit and withdrawal of NGNT(cowrie)
Deposit and withdrawal of Fiat Asset (NGNT)

We hope you love it.

OrbitLens

Sending money by email is a cool (and very Stellar) concept. However, the way you implemented it... kind of defeats the whole idea of the "control your keys" paradigm. This can be implemented in a really secure way. The outline of the idea:

Create and fund an intermediate account on the client side (in the app). Or you can create a temporary account for a user and set up the multisig scheme with a user's public key as a signer. Or maybe you can just generate and pre-sign a transfer transaction on the client-side.
Send a direct email message containing a secret key and instructions on how to claim it to the destination email address. From the app itself, not from your server. This can be also a link to your service, containing all required information in GET params, so the end-user could claim the balance in one click.
Do not store sensitive user data on the server side - it's not really necessary in this case. Everything can be encrypted and stored in the protected storage on the user's device. Otherwise, if you are hacked - all you clients immediately lose their funds. Needless to say that this will be the end of your service and the beginning of the lengthy trial as a result of a class suit action.

P.S. I didn't find the apps. The links on your website are broken. Are they ready?

Afolabi

OrbitLens

Thanks for your contributions, OrbitLens, here is an overview of how sending to an email actually works on SendIt.

1
When you decide to send fund/asset to an email address, if your recipient email is a new email, after filling out the transaction form, you will be taken to a new page where you are asked to encrypt the transaction with a pin or a password, at this point a stellar keypair is generated, we then proceed to encrypt the secret key with the pin/password you entered(using AES), after this we send your transaction to this newly generated public key and a one-time confirmation email is send to the recipient email (please take note here anything related to the keypair is not send to the recipient, no sensitive information is send), when the recipient get and click on the email. He/she is taken to a page where they are prompt to enter the pin used for this transactions (This is password/pin you used to encrypt the transaction when sending). If this is the right user you will have to share the pin, if He/she is able to decrypt the secret key using the pin/password then they are taken to a new page where they are asked to change this pin/password, after this is done the encryption key is changed from the sender pin/password to the recipient pin/password, at this point the sender no longer has access to the secret key neither do anyone unless someone with the user's password.

You encrypt secret key with a pin/ password and send Transaction
A normal confirmation email is send to the recipient(Not containing any sensitive information)
Recipient click's on the link and is prompt to enter pin
if the recipient has the right encryption key, they are able to change encryption Key from the sender's key to their own giving them full control

2
WE DON'T SEND USERS SECRET KEY VIA EMAIL, WE ONLY SEND NORMAL EMAIL MESSAGE CONTAINING JUST A CONFIRMATION EMAIL, only the sender name is attached and in some cases, NONE is attached if the user don't have a name.

3
We also do not store users plain keys on the server, we store the encrypted version in a secure way which can only be decrypted using the user's password or pin and also users have full control over their KEYS, they can be imported to anywhere anytime.

Apologies for the broken links i will check and fix this, i hope this helps, if not feel free to drop anymore question(s).
Thanks.

Afolabi

Hi all, we successful tested email path payment on livenet and it was really easy, see video below.

Path used on livenet

Watch Video here.

Afolabi

UPDATE
Due to the recent testnet reset, there has been an error with the website. This has been fixed, please for those who register before you will have to register again and Note, the liquidity provided manually on the testnet has also been reset, this mean you can not send path-payment at the moment. Sending same asset to email is still possible and you can still mimic the deposit for NGN and USD with max cap @20k.

On the flip-side, we already tested same asset transfer for email, public key and federated address, also path-payment for email and federated Address has been tested(all on livenet). Appreciate everyone for you contributions and recommendation. Looking forward to more feedback from you.

Stay Safe

Afolabi

UPDATE !!!
Successfully tested out the Public key for same asset and path payment transfer, Using SendIt for pathpayment, You are sure to get the lowest amount possible , see short video below for demo.

Next Steps

UI improvement
Bug fixes
Bill Payment using any stellar asset
and many more.

In the meantime keep the feedback coming and please Stay safe.

Enjoy Your Day

Afolabi

Hi everyone, thanks for all your support and feedbacks, you guys made it possible, as this funding round close, You will still be be getting update about Sendit progress here. In the coming week we will be sharing links to sendIt social media platform, making it possible to comment, follow, drop feedbacks and ask questions.

Just want to say BIG thanks, to everyone.

Have a lovely weekend and please stay Safe.

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