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TwETH

Secure deal room with encrypted negotiations powered by Fhenix FHE.

Screenshots

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Problem Statement

Secure Deal RoomA secure deal room with encrypted negotiations powered by Fhenix FHE.OverviewSecure Deal Room is a Web3 platform that revolutionizes business negotiations by leveraging Fhenix's fully homomorphic encryption (FHE). It allows parties to create private deal rooms where sensitive financial values like deal amounts and minimum acceptable prices remain encrypted while still enabling secure comparisons.Problem StatementsBusiness negotiations often fail because parties are reluctant to reveal their true price thresholdsTraditional deal rooms rely on trusted intermediaries to verify price matchesWithout a secure way to compare values privately, parties operate with incomplete dataCurrent platforms can't prove offer compatibility without exposing actual valuesSecuring multiple communication channels while maintaining privacy is complexCore FeaturesEncrypted Deal CreationCreate private deal rooms with encrypted valuesSet minimum prices securelyManage participant accessSecure Offer VerificationCompare offers against minimums without revealing valuesAutomatic compatibility checkingPrivacy-preserving resultsMulti-Channel CommunicationEncrypted chat systemIntegrated video callsSecure document sharingDeal Lifecycle ManagementStatus tracking and updatesParticipant managementActivity monitoringBenefitsFor Platform UsersComplete confidentiality of deal valuesEncrypted communications across all channelsNo need to trust intermediariesInstant verification of offer compatibilityAll-in-one platform for negotiationsReduced legal and intermediary feesEqual negotiating power through information privacyFor Platform OwnerTransaction fees from successful dealsPremium features subscription potentialFirst-mover advantage in FHE-powered deal roomsLow operational costsNetwork effect growth potentialCross-border operations capabilityTechnical ArchitectureSmart Contract IntegrationBuilt on Fhenix's FHE-enabled blockchainEncrypted value handlingSecure state managementSecurity FeaturesFully homomorphic encryptionWallet-based authenticationEncrypted communication channelsUser InterfaceIntuitive deal room creationReal-time status updatesFeature-rich dashboardResponsive designFuture EnhancementsAdvanced Deal FeaturesMulti-party deal roomsAutomated escrow systemConditional deal termsDeal templatesEnhanced Security & PrivacyZero-knowledge proof integrationMulti-signature workflowsEncrypted file storageAutomated audit trailsUser ExperienceMobile applicationAI-powered insightsCRM integrationsCustomizable dashboardsBusiness FeaturesKYC/AML compliance toolsLegal document generationMulti-currency supportDeFi protocol integrationPlatform ExpansionAPI accessWhite-label solutionsCross-chain compatibilityIndustry-specific templates

Solution

This project was made with Fhenix, Blockscout, Web3Auth and Push Protocol. These are all pieces of techs that are working amazing and impossibly good with each other. Blockscout being the explorer Fhenix was using by default has really made me not worried about connecting an explorer. Web3Auth allows me to onboard my users extremely easily like the good 'ol web2 ways. Push protocol is essential in providing chats and videos that is encrypted and decentralised/peer-to-peer.

Hackathon

ETHGlobal Bangkok

2024

Prizes

  • 🏆

    Blockscout Explorer Big Pool Prize

    Blockscout

Contributors