Startfeld wallet - how the future works
Startfeld supports start-ups with "funding packages" in the form of vouchers. Start-ups can redeem
these vouchers at selected partner service providers. For example, if a
start-up needs legal support, they can redeem the voucher from Startfeld with a
lawyer. The partner service providers, in turn, exchange the voucher they
receive for payment at Startfeld.
Until now, the vouchers were available in paper form.
With the Startfeld Wallet, this process has now been digitalised. The vouchers
are available in the form of so-called Startfeld Coins (SFC). This is not a
"real" cryptocurrency, which could also be used to pay elsewhere, but
a digital voucher. One SFC corresponds to one Swiss franc.
The transfer logic of the transactions is implemented
transparently in a standardised ERC20 smart contract. This is verified on the
SwissDLT blockchain. The Startfeld Wallet thus represents the interface for
accessing the blockchain. Blockchain
Trust Solutions AG acts as the infrastructure provider and makes the
network available. You can find more information on the topic of smart
contracts in Pascal's blog.
The Startfeld Wallet offers a range of
functionalities:
Create,
import and secure wallets
Users
can log in and out of different wallets that have been set up using a
password or biometric login
Transfer
SFC from one to another address
Call
up the transfer history (incl. details) and the current balance.
Users
can access and share their wallet address in various ways so that others
can deposit to the SFC address
Manage
and view wallet data in a protected manner (seed phrase, private key)
Information
on the app and the blockchain for further reading
