THAT APP (DIGITAL WALLET)

This section provides an overview of the THAT app, detailing its key features, security measures, and functionalities designed to facilitate the management and utilisation of THAT.

The THAT app (digital wallet) is a mobile application available on both iOS and Android platforms, providing a secure and efficient way to manage and utilise THAT. The app facilitates transactions and includes a directory of merchants accepting THAT, enhancing its utility and accessibility.

Key Features

Secure Digital Wallet

The THAT app offers a secure environment for users to acquire, store, and manage their digital funds. Wallets are protected by 24-word seed recovery phrases, and private keys are encrypted and stored within the device’s secure enclave, similar to leading hardware wallets like Ledger and Trezor. This ensures that private keys are never exposed, maintaining security, particularly during transactions.

Apple iCloud Keychain and Google Password Manager Integration

THAT is exploring the introduction of a feature for securely storing mnemonic seed recovery phrases in Apple iCloud Keychain and Google Password Manager accounts. This approach, subject to thorough auditing, will include using an encryption/decryption password key, providing a reliable backup option and reducing the risk of losing access to digital funds.

Transaction Capabilities

Users can perform transactions within the app, making it simple to send and receive THAT. The process is streamlined for efficiency, ensuring quick and secure transfers.

Chain Bridging

The app supports cross-chain bridging, allowing users to send and receive THAT across networks. Initially, token bridging will be supported between the THAT and Polygon networks.

Token Swaps

Users can perform crypto-to-crypto swaps within the app, simplifying the acquisition of THAT. Token swapping in the app will occur with liquidity hosted on Polygon Mainnet through Uniswap, enabling secure token conversion with minimal swap fees.

Merchant Directory

The THAT app includes a comprehensive directory of merchants accepting THAT. Users can browse participating businesses, explore their products and services, and make purchases directly within the app, enhancing the usability of THAT in everyday transactions.

Community-Driven Marketplace

The app will introduce a community-driven marketplace where users can interact, buy and sell goods, and participate in the THAT ecosystem. This marketplace aims to foster a vibrant community of users and merchants, driving adoption and engagement.

User-Friendly Interface

The THAT app is designed to be intuitive and user-friendly, catering to both novice and experienced users. The interface will be continuously refined to enhance simplicity, ensuring ease of use across all features and functionalities.

End-to-End Encryption

All communications within the app are encrypted, protecting user data and transaction details from unauthorised access and ensuring privacy.

Summary

The THAT app is a robust and secure solution for managing THAT. By integrating advanced security features, a comprehensive merchant directory, and a forthcoming community-driven marketplace, the app aims to provide a complete ecosystem for users and merchants. With its user-friendly interface and strong emphasis on security, the THAT app is positioned to drive widespread adoption and facilitate everyday transactions using THAT.