The Model
Products & Services
Backpack

Accounts Overview

Backpack revolutionizes personal banking by embedding a bank's functionality into blockchain-based accounts. These accounts serve as the primary touchpoint for users, safeguarding assets and simplifying transactions.

Persona: Your Digital Financial Identity

The Persona aspect of Backpack is more than just an account — it's your entire financial identity encapsulated within our platform. It's designed to resonate with every aspect of your financial journey:

  • Records: Not merely transaction logs, but enriched narratives that give context to your financial actions.
  • Assets: Managed with the utmost clarity, ensuring your financial assets are always presented simply and accessibly.
  • Loyalty: Our system isn't just transactional; it's relational, rewarding your engagement and set to evolve by Q4 2024.

Personas reflect the complexity of our financial behavior, adapting to whether you're investing, spending, or saving.

Contracts: Smart Financial Management

Backpack's contracts do more than execute code; they are the smart underpinnings that automate and secure financial operations:

  • Custom Security Models: Tailored security settings to fit your personal comfort level and risk profile.
  • Gas Fee Management: Our system smartly handles transaction fees so you can focus on your finances, not fees.

Key Design: Streamlined Security

Our Key Design ensures you have secure and easy access to your finances, no matter where you are or what device you use:

  • Platform Integration: Consistent and secure access, whether you're on a phone or a computer.
  • Intuitive UX: Simple and secure management of your access keys.
  • Robust Recovery Options: Peace of mind with multiple safe recovery methods, should you need them.

We forgo traditional key systems in favor of the Threshold Signature Scheme (TSS) for enhanced security that’s user-friendly.

Signature Design: Your Seal of Approval

Backpack's Signature Design is the digital equivalent of signing a check, a secure stamp of approval for your transactions:

  • Enhanced Security: Protection for your transactions, similar to your unique signature on paper.
  • User Experience: Smooth and straightforward, making sure security doesn't come at the cost of convenience.

Plugin Design: Expandable Features

Our Plugin Design allows Backpack to grow with you, incorporating new features and services as they become available:

  • Expandability: Easily add new capabilities to your financial toolkit as our ecosystem expands.
  • Integration: Seamlessly incorporate additional services, enhancing your financial experience.

AI Support: Your Personal Financial Assistant

Our AI isn't just a chatbot; it's a comprehensive support system that adapts and learns to meet your financial support needs:

  • Adaptive Learning: Continuously improves to provide you with the best possible support.
  • Data-Driven: Uses a wealth of data to ensure it's helping you in the most efficient way.

Backpack aims to be your all-in-one financial platform, blending traditional banking security with the innovative flexibility of blockchain technology.