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Version: 1.0 (Initial Approach)

Status: Draft

Last Update: 27/01/2025

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1. Introduction

The crypto landscape is rapidly evolving, but wallet verification, transaction safety, and alias-based payments remain unsolved challenges.

Wadigy is building the infrastructure to secure transactions, verify wallet destinations, and simplify crypto transfers, making them as easy as sending a message.

This document outlines our vision, initial approach, and roadmap for creating a global crypto address verification and alias resolution system.

2. Vision: The Future of Secure Crypto Payments

Wadigy aims to become the standard for verifying wallet identities, preventing fraud, and enabling seamless multi-network (& secure) transactions using aliases. Our long-term goal is to create a universal alias system that allows users to send crypto effortlessly, eliminating the risks of wrong addresses and network mismatches.

Key Objectives:

✅ Enable users to verify wallet ownership before transactions.

✅ Provide a cross-network alias system for crypto addresses.

✅ Use AI-powered risk detection to prevent fraud and scams.

✅ Create a Chrome extension and API for seamless integrations.

✅ Offer businesses verified aliases (Alias VIP) to prevent impersonation.

✅ Build the infrastructure to allow users sending money using our infrastructure based on Alias + Network routing

3. Core Features & Initial Approach

🔹 Centralized Address Verification

• Public API Endpoint to check who owns a wallet address and get a reliability score
• Public API Endpoint to resolve Aliases
  • Allows users to confirm the owner of a wallet address before sending crypto.
  • Prevents errors and reduces the risk of fraudulent transactions.
  • Network-based aliases ensure seamless transactions across supported blockchains.