Haven1 is an EVM-compatible Layer 1 blockchain seamlessly incorporating key principles of traditional finance into the Web3 ecosystem.
Among the features introduced by Haven1 is the Provable Identity Framework. This framework enhances security and unlocks previously unattainable decentralized finance use cases, marking a significant advancement in the convergence of traditional financial principles and decentralized technologies.
The Provable Identity Framework is discussed in more detail below. For more information on Haven1 and the Provable Identity Framework, visit the documentation and view the litepaper.
All Haven1 users will be required to complete identity verification to deter illicit activity and enable recourse mechanisms on transactions. Once completed, users will receive a non-transferrable NFT containing anonymized information that developers on Haven1 can utilize to permission their apps and craft novel blockchain use cases.
For example, Haven1's compliance with regulatory standards in combination with the Provable Identity Framework allows for the development of lending markets that are underpinned by real-world credit scores as reputation backing - similar to traditional loan risk management.
Haven1 enables integration with real-world assets where proof of identity is required. It can, for instance, facilitate the introduction of investment vehicles backed by real estate assets, leveraging non-fungible tokens (NFTs) on-chain to represent ownership of specific properties.
Tokenized digital representations of assets, such as securities and bonds, become possible in this environment, enabling exchange and settlement with greater efficiency at a global level.
For more information on Haven1 and the Provable Identity Framework, visit the documentation and view the litepaper.
This repository contains everything you need to participate in the hackathon - please feel free to explore it. Below are a list of important features, their paths and a link.
Feature | Path | Link |
---|---|---|
ProofOfIdentity contract |
contracts/proof-of-identity/ProofOfIdentity.sol |
link |
Examples | contracts/proof-of-identity/examples/* |
link |
Tests | test/proof-of-identity/* |
link |
Documentation | docs |
link |
Utils | utils |
link |
Templates | templates |
link |
All contracts have been extensively commented to aid in understanding the Provable Identity Framework.
Follow the steps below to setup your hackathon environemnt.
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Clone this repo
git clone [email protected]:haven1network/proof-of-identity-hackathon.git
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Change into the directory
cd proof-of-identity-hackathon
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Install dependencies
npm i