REPUBLIA WALLET a unique, complex technology, that includes both a wallet and an instant messenger with the addition of contacts via Republia ID. Republia Wallet solves the problem of heavy wallets with 16 — digit addresses through the implementation of the possibility of transaction using the number of Republia ID. In Republia Wallet users can view their transaction history of their transactions, using clear and user-friendly graphical interface they can send or accept payment, and all transactions are under the protection of Veracity System.
Holders of Republia Wallet can use a convenient function of expanding their address book by contacts via RepubliaID and users can open or close an access to sending funds. Republia Wallet includes not only the technology of wallet, but also instant messenger, users can exchange messages, files (stored in Republia Cloud X), and create smart contracts with their contacts. The possibility of direct voting is introduced in Republia Wallet as well, the user can directly participate in any voting created in the ecosystem, the result of voting will influence the modernization of Republia technologies. Republia ecosystem offers several types of wallets:
-Heavy wallet (full node)
-with GUI secure locker
-with GUI full version of the ecosystem
In a heavy wallet there are a full node and a full Republia client, in which all the functions of the ecosystem are available, including Republia Bank, Republia Exchange, ICO Platform etc. After downloading a full node, the user also becomes a participant in blocks confirmation, in other words in PoA mining. The ecosystem provides a version in which only a full node will be available with the ability to store funds, in this case GUI will look like a secure locker and storage. Light weight wallet n this type of wallet a full blockchain is not embedded, but it is implemented into site to transfer components of the wallet.
THE DESCRIPTION OF MINIMUM PROTOTYPE MVP strategy of Republia focuses on testing hypotheses, but not on the reducing functionality for the sake of a cost-saving measure. All products in the early stages will be integrated into the system on the basis of reviews of the first users. Republia Foundation uses the following products to test viability of different solutions:
-Bank
-Wallet (Messenger)
-Smart-contract
-platform Voting
1.MVP Bank The minimal product Republia Bank is designed for users to get to know about the bank and the“parking” system from the initial stage of the project.“Parking”is a voluntary depositof coins. Uponregistration each user gets 100 conventional units, those interests that users will receive from “parking” process, will be converted into real RPB coins.Interest rates on the type of “parking” will change in order to understand the structure of banking system.20% from “parking” in case of parking again. Functions of MVP RepubliaBank:
-Deposit of funds
-Receiving interests from “parking”
2.MVP Wallet provides the ability to test the speed of Republia blockchain and send money to each other not by hash function of the wallet, but by usual username. The system of contacts (Republia ID) is embedded in Republia Wallet, where the user can send funds to another member of the ecosystem with a single click on the contact. The function of messenger will be implemented into Republia Wallet, all data about chats are stored decentrally in an encrypted form.The function of creating smart contracts and attaching files is implemented into Republia Wallet. Republia Wallet is a personal secure house and a social network, which cannot be compared with centralized analogues. Functions of Republia Wallet:
-Sending funds
-Acceptance of payment
-Transaction history; Messenger
-Creation of smart contract
-DCS functions
-File sharing
3.MVP Smart-Contract Platform is developed to assess the convenience of creating smart contracts in GUI. In MVP Smart Contract Platform users can create a smart contract simply by clicking on the desired icons. Users can try to create smart contract for renting a house, monthly payment for utilities, payment of debt etc.. Users can choose the desired type of smart contract from the templates provided by Republia team. Each ecosystem participant can create smart contract without special knowledge in software engineering. IDE is implemented into Republia Smart Contract Platform, in IDE developer, using tips and certain templates, can implement and run smart contract. Functions of MVP Smart-Contract Platform:
-Creating smart contracts in GUI
-Renting a house; Payment for utilities
-To lend funds
-Payment of debt
-Escrow deposit of funds
-Developer Mode
-Tracking the history of creating smart contracts; Active smart contracts;
-Completed smart contracts
-Remote smart contracts
4.MVP Voting System introduces advantages of WE-Government technology. In MVP Voting System participants can vote for changing or modifying an ecosystem product. Also this system includes voting for/against changes in the technical protocol of the project, which eliminates problem of hardforks.Republia Voting System platform eradicates numerous disputes, that occur in blockchain community.After adoption of technical vote, protocol will be updated by itself, depending on the decision of the participants. Republia Foundation acts as a performer, and the entire system is managed by the community. The whole history of voters is recorded in blockchain, which excludes all possible falsifications. Functions of MVP :
Voting System Creating polls
-Voting process using Republia Pass
-Viewing all Republia Pass that voted for improvements.
-Viewing information about the voting (who voted for/against)
-History of all polls
Voting is divided into several types
-voting on technical part of the project
-voting for the modification of the project ecosystem
-voting for adding new features to the project
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