Problem: Complex UX and Limited Payment Connectivity Hinder Adoption

As Web3 expands, the journey to mass adoption faces hurdles, particularly in simplifying the use of non-custodial wallets. These wallets are crucial for maintaining asset and data ownership but often pose challenges for users, especially regarding fiat on/off-ramp and payment connectivity.

User Adoption Challenges

Confusion regarding seed phrases and switching networks. Challenges in protecting and recovering private keys. Misunderstandings about transaction terms such as nonce, gas, and memo. Difficulty in memorizing public addresses. Inconvenience in managing fiat on/off-ramps and crypto payments.

Non-Custodial Wallet Essentials

Simplified alternatives to complex seed phrases. Robust support for multiple blockchains, facilitating diverse crypto interactions. Secure and discreet management of private keys. Intuitive handling of fees and transactions. Seamless transitions between fiat and crypto with integrated payment options.

Solution: COCA: The Next-Gen Crypto Super App

COCA represents the future of crypto wallets, expertly crafted for broad acceptance while focusing on superior security and a fluid user experience. There are four key innovations that form the core of COCA's advanced functionality:

MPC (Multi-Party Computation): Revolutionizing security with a decentralized key system, enhancing protection against hacks and fraud. Anonymous Biometric Backup: Offering a fail-safe recovery system using advanced facial recognition technology, ensuring user identity remains protected and private. On-ramp Aggregator: Simplifying access to crypto markets with a comprehensive platform for easy buying, selling, and trading of digital assets. Non-Custodial Debit Card & IBAN: Merging traditional banking with the crypto world, providing a seamless spending experience both online and in-store.

COCA MPC: Secure, Shard-Based Wallets

COCA's MPC Protocol innovatively stores user wallets across a blend of physical devices and servers, each holding independently generated shards, replacing the traditional Private Key and redefining transaction signing with a dual-shard system plus backup guarantors.

How It Works:

COCA Shard 1 Creation: Independently and autonomously generated on COCA's server infrastructure. User Shard 2 Generation: Created autonomously on the user's mobile device during COCA App registration. Public Key Formation: Shards 1 and 2 collaborate to generate a unified public key for blockchain addresses. MPC Signature Procedure: The shards are utilized in a secure, Multi-Party Computation signature process, ensuring enhanced security and user control.

Anonymous Facial Biometric Backup: A Game-Changer for Crypto Wallet Security

Revolutionizing security with our on-device, ultra-accurate facial biometric system that adapts and improves with every use, ensuring seamless, universal compatibility and unmatched privacy.

How It Works:

3D Facial Model Creation: Constructs a detailed 3D facial model, capturing over 100 unique parameters. Neural Network Learning: Our AI systematically associates this model with a unique biometric key, enhancing over time. Data Anonymization: Original facial data is deleted, maintaining only anonymized biometric signatures. Real-Time Comparison: Quickly compares live biometric data with stored signatures for verification. Secure Authentication: Delivers fast and error-free authentication, reinforcing security measures.

On-ramp Aggregator: Optimal Pricing & Acceptance

Discover the power of choice with COCA's On-ramp Aggregator, a gateway to the best market prices and acceptance rates:

Diverse Partnerships: Integrating top platforms like Moonpay, Transact, Stripe, Simplex, and Sardine for unmatched variety. Global Accessibility: Supports 140 fiat currencies and 35 payment methods, ensuring worldwide reach. Smart Selection: Our system analyzes rates and success rates, guiding users to the most suitable on-ramp option. Volume Boost: Experience a significant 40-80% growth in transactions compared to single on-ramp integrations.

COCA's Banking Fusion: Debit Cards & IBAN Access

COCA redefines financial freedom by combining the ownership of a non-custodial wallet with the convenience of traditional banking:

Effortless Payments: Built-in physical and virtual cards for easy transactions everywhere. Mobile Wallet Sync: Seamlessly compatible with Apple Pay and Google Pay. Global Reach: Card issuance spanning across EEA, USA, APAC, and LATAM. Rewarding Experience: Enjoy cashback rewards on your spending. Versatile Off-ramping: Smoothly transfer funds to bank accounts or other cards.

How does COCA use Stellar?

COCA's platform robustly supports both XLM and USDC on the Stellar network. In our commitment to expanding the utility and accessibility of digital assets, we are exploring avenues to enable the use of USDC and other Stellar-based assets for transactions through COCA's non-custodial debit cards. This initiative is part of our broader strategy to enhance the functionality and convenience of our services. Additionally, we provide the option for users to off-ramp USDC on Stellar via IBAN, offering a seamless transition between crypto and traditional banking systems. This integration exemplifies COCA's dedication to delivering versatile and user-centric financial solutions in the digital asset space.

$50.0K