metadata: {"type": "project", "title": "Ultimate Digits", "logoImg": "bafkreifw6revr6jtv6ktxhccxraarrcmgkdrmruwlxfa4qgltbg7b3sz74", "website": "https://www.ultimatedigits.com/", "bannerImg": "bafkreigbmltyxlakcvmpytuv7hppe3frat54xplitas6iobwzc4ornf2vq", "createdAt": 1707732430674, "userGithub": "ayanuali", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..fjY8TY5PYXRZJxJQEVmd1J9c6aw-6niB7Rh6O0xLRktXiG4UrEdooOhHEQze5CkxzMJ4WPPSKkZtWzYC-TWEBw", "type": "Ed25519Signature2018", "created": "2024-02-12T10:06:41.909Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-02-12T10:06:41.909Z", "expirationDate": "2024-05-12T10:06:41.909Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xdDD293F635f2793E418Ad5Fd5044c1A49C2EF84D", "hash": "v0.0.0:XmxRov4uFPBm1Jm/Q5SHv7w1NmRJP1sH3MWWFm91jiw=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#UltimateDigits"}}}, "description": "# Ultimate Digits is a public good, a basic piece of the digital payments infrastructure that belongs to the community. \n\n**Why Ultimate Digits?**\nMost of us have a mobile number but not a domain name. Why should we be forced to learn a new behavior in Web3, and get a domain name as a wallet identifier? Since we already have mobile numbers, why don\u2019t those become our wallet addresses?\n\nThis has been very successful in web2 fintech, where the Unified Payments Interface (UPI) enables users to abstract their bank account details to their mobile numbers. With UPI, users send bank transfers to their friends and merchants' mobile numbers. The transaction reaches the recipient bank account registered to that specific mobile number. This has made the sharing of complete bank details redundant. UPI is so successful that its usage has surpassed the other payment instruments by both transaction frequency and volume, in countries like India\n\n**What's Ultimate Digits?**\nUltimate Digits makes users\u2019 existing mobile numbers their existing crypto wallets\u2019 addresses.  For the privacy-conscious, we provide virtual Web3 mobile numbers as NFTs on Ethereum. These Web3 identifiers are ITU E164-compliant mobile numbers, starting with our unique +999 country code. Since most people are familiar with mobile numbers and use them in apps like WhatsApp, this system offers an intuitive Web2.5 bridge. \n \n**Ultimate Digits is to ITU what ENS is to ICANN.** We start as a Web2.5 app, evolving into a super-app with decentralized VOIP, text alerts for wallet transactions, and hash key-based micro-transactions. \n\nOur system securely links users' existing cryptocurrency wallets to their mobile numbers. This allows users to transfer cryptocurrencies and NFTs simply using the recipient's mobile number. Currently, users can send digital assets across different blockchain networks. \n\nOur long-term goal is to integrate with UPI. This integration means that when you send cryptocurrency from your wallet, it can be converted into fiat currency and deposited into the recipient's bank account if they don't have a crypto wallet. If the recipient has a crypto wallet, they receive the assets there. If they have both, the sender can choose the destination account. This integration aims to make crypto transactions as convenient and frequent as fiat transactions.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "ultimatedigits"}
name: Ultimate Digits