Eidoo (EDO) is a user-friendly mobile app which includes a multi-asset wallet and native hybrid exchange. In a single platform, the users can buy, sell, spend, and convert the cryptocurrencies and tokens. The app can be installed from Google Play Store for android devices and iOS app store. This project is dedicated to the creation of an effective “blockchain-to-human interface”, which makes the interaction between users and blockchain-based assets hassle-free.
Eidoo wallet is a single-integrated environment that is used to manage all tokens, without the need for complex configurations and providing best security standards and best practices.
Eidoo’s main goal is to manage all the tokens without installing different apps and wallets for each digital currency. It is the first to develop the feature where it supports all tokens based on the Ethereum blockchain (ERC20, ERC223). The company plans to add Bitcoin support to its wallet in the first quarter of 2018.
In its Initial Coin Offering (ICO) in October’ 2017, Eidoo has raised $27,913.264.
The Eidoo project covers two different approaches and implementations; Ethereum implementation and Bitcoin implementation. Their vision of a user-friendly and secure wallet for blockchain-based smart assets will be incorporated
In the Ethereum approach, the wallet will have Ethereum Light Client on the mobile devices. Light client enables the “client” to verify all the hash chains necessary to validate the information received by other nodes and concerning only its own Ethereum address, without the need to download and validate the entire blockchain.
In the Bitcoin approach, the Eidoo Bitcoin Wallet will be able to manage generic assets on the Bitcoin blockchain in a secure and user-friendly way. A key feature of the wallet, which has been designed for security purposes is the generation of deterministic key pairs from 12/24 words, called seed as per BIP39 standard.
Eidoo is the first blockchain-to-human interface which aims to simplify the interaction between blockchain and its users. It is using a carefully designed and developed set of products and services which includes a digital wallet, decentralized exchange digital identity solution (for taxation purpose) and an ICO Engine allowing users to take part in ICOs themselves.
White Paper: https://eidoo.io/docs/EIDOO_Technology_White_Paper_v_0_2_Draft_EN.pdf