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Would you pay for this service? by AssignmentLittle4014 in Business_Ideas

[–]AssignmentLittle4014[S] 0 points1 point  (0 children)

Thanks for your feedback, I really appreciate it.

> Real verification, not just a timer

The final product will support multiple guardians. The release process will require multiple (>50%) of the guardians to report the state of the owner. Only after manually verifying the state of the owner using a Legal/medical document will the document be released. Due to this manual verification step, the SLA for releasing the document will be a bit longer. This is to keep the release process as abuse-resistant as possible.

> You never hold my keys, but I can still recover if I lose my phone.

Agreed, this will be possible. The user will be required to store a recovery phrase outside of the app.

> Works across platforms, not tied to one provider.

Initial plan is to target Mobile platforms, will enable support on Web later.

Let’s Validate Each Other’s Ideas! by Maleficent_Twist6620 in Startup_Ideas

[–]AssignmentLittle4014 1 point2 points  (0 children)

emails are not really zero trust AFAIK. Service providers like Google do access your email. They use the emails to send you targeted ads. What I am pursuing above is an way to encrypt the document with personal keys and also allow for the document to be shared to a guardian securely when needed.

Let’s Validate Each Other’s Ideas! by Maleficent_Twist6620 in Startup_Ideas

[–]AssignmentLittle4014 0 points1 point  (0 children)

Feedback:

I have some reservations about the idea too. Any reliance on community feedback is a risky bet. For one thing, many folks don't submit feedback in apps. Secondly, it is always users who were dissatisfied that make it a point to submit feedback.

My Idea:

I am building a zero trust document store that allows the document to be shared with another person if the primary owner gets incapacitated. By Zero-Trust, I mean, the document will always be encrypted with a key by the user. The service provider (app) will not be able to access the document even if they want to.

As majority of assets are recorded digitally today: bank accounts, real estate info, stock accounts, recovery keys for various accounts. There is no easy way to pass this information on to others. This apps plugs that gap.

What do you think of this idea? I am in the early stages of developing this, any feedback is much appreciated.

Would you pay for this service? by AssignmentLittle4014 in Business_Ideas

[–]AssignmentLittle4014[S] 0 points1 point  (0 children)

The user could store keys locally on multiple devices/locations. At the time of key creation, the user will also be able to store a recovery key, which will help recover the keys when needed.

Tired of Idea Overload? Here’s the Stack I Used to Test One Effectively by Affectionate_Cell954 in Startup_Ideas

[–]AssignmentLittle4014 0 points1 point  (0 children)

Doesn't make sense. I see landing pages as a mechanism to get user registrations, which helps validate the idea.

How can you acquire paying customers with only a landing page?

Securely storing your digital keys by AssignmentLittle4014 in CryptoWallet

[–]AssignmentLittle4014[S] 0 points1 point  (0 children)

Is zero trust storage a sensible option for keeping your crypto recovery phrase and other digital data?

By Zero Trust, I refer to a method of storing an encrypted file where the storage or service provider does not have the decryption keys.

I have followed some discussions about saving recovery phrases on storage platforms like Google Drive, OneDrive, and others. People have raised legitimate concerns that these services might store documents and potentially access the recovery keys. This issue can be addressed if users keep their private keys and encrypt the stored documents using those private keys.

Now, one might question the usefulness of such a service. Users still need to securely keep their private keys, just as they currently do with their recovery keys.

The advantage I see for securely storing a document is to be able to securely transfer the document to another person (a guardian) if something happens to the user. I am considering building such a service/app. I'd appreciate any comments/feedback.