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Leveraging the potential

In the previous section,we provided a brief summary of Trusdee’s fundamental concept and the appealing characteristics that stem from it. Just as interesting, however, are the technical possibilities of a trustnet. For example, a trustnet facilitates features that are of paramount importance, but most of which are (probably) impossible to implement with today’s existing decentralised technologies. Some of these features are universal and can therefore be used by all DApps on the Trusdee platform. These include:

  • Two factor authentication (additional security for end users)
  • Private key recovery (opt-in feature; additional security for end users)
  • Emergency access (in the event of death - similar to Bitwarden’s Emergency Access)
  • Groups (collection of users)
  • Third party access authorisation to digital assets (for users and/or groups)
  • Mobile app (powerful open source app for Android and iOS where DApps can be installed within the app similar to WeChat Mini Programs)
  • Push notifications (instant notification of transactions and other events on the trustnet)
  • etc.

In addition to the platform itself, Trusdee’s standard DApps enable key features that are not possible with most existing DLT solutions.