Soul Wallet

As stated before we refer to Souls” as a synonym for accounts or wallets” in AVIVE. We put forth the idea of Soul Wallet, a type of blockchain wallet that uses cryptography and distributed computing to enhance the security and privacy of user funds. In a Soul wallet, a user's private key is divided into multiple parts and distributed across multiple nodes, with no single node having access to the full key. When a user wants to access their wallet, the multiple nodes work together using cryptographic protocols to reconstruct the private key and authorize transactions.

Soul wallets can lower barriers for people to use blockchain wallets by offering increased security and privacy compared to traditional wallets. By distributing the private key among multiple nodes, the risk of a single point of failure is reduced, and the risk of key loss or theft is also mitigated. This can help to build trust and confidence among users who may be hesitant to use traditional blockchain wallets due to security concerns.

Additionally, Soul wallets can offer a more user-friendly experience by removing the need for users to manage and store their private keys manually. This can make the process of using a blockchain wallet more accessible and convenient for users who may not be familiar with the technical aspects of managing private keys and ultimately lead to the massive adoption of web2 users.