Hypersign: Privacy-Centric Compliance Layer for Decentralized Identity

[Dlul72]

Open Grant Proposal: Hypersign: Privacy-Centric Compliance Layer for Decentralized Identity

Project Name:
Hypersign: Privacy-Centric Compliance Layer for Decentralized Identity

Proposal Category:
Developer and Data Tooling

Individual or Entity Name:
Hypersign ID Protocol (Organization)

Proposer:
HypersignTech

Project Repo(s):
Hypersign Protocol GitHub Repository

(Optional) Filecoin ecosystem affiliations:
No prior affiliations with the Filecoin ecosystem at this stage.

(Optional) Technical Sponsor:
None.

Do you agree to open source all work you do on behalf of this RFP under the MIT/Apache-2 dual-license?:
Yes.

Project Summary

Hypersign offers a revolutionary privacy-centric compliance framework for decentralized ecosystems. Leveraging decentralized identity (DID) principles, blockchain infrastructure, and zero-knowledge proofs, Hypersign provides reusable KYC, Proof-of-Personhood, and GDPR-compliant verification solutions. With integrations across multiple chains (e.g., COSMOS, NIBIRU), the project simplifies user onboarding while ensuring regulatory compliance.

Our innovative ID Vault solution securely stores verifiable credentials, granting users full control over their identity data and reducing onboarding friction for dApps and protocols. This technology fosters trust between users and ecosystems, enabling safe participation in decentralized platforms.

By integrating with Filecoin's decentralized storage infrastructure, Hypersign aims to provide a scalable, privacy-preserving solution for data storage and compliance in Web3.

Impact

Hypersign addresses critical challenges in Web3 as compliance and identity verification become more complex:

• Compliance Complexity: Our privacy-focused solution simplifies KYC/AML compliance for dApps while reducing associated costs.
• Data Ownership: Users regain control of their identity data via secure, decentralized storage.
• Onboarding Friction: Fast and modular onboarding ensures a seamless experience for users and businesses.

Integrating Filecoin’s decentralized storage ensures scalable and secure storage for sensitive identity data. Success will be measured through ecosystem adoption, the number of integrated dApps, and user satisfaction.

Outcomes

Upon completion, Hypersign will deliver:

• Reusable KYC Framework: Seamless compliance for dApps and protocols with reusable identity modules.
• Privacy-Centric DID Infrastructure: Supporting GDPR-compliant identity management with encrypted Filecoin storage.
• Developer Toolkit: APIs, SDKs, and documentation for seamless integration into ecosystems.
• Zero-Knowledge Proof Support: Enhanced privacy and trust for all parties.

Metrics for success:

• Number of chains and dApps integrated.
• Cost savings for dApp operators on compliance.
• User adoption rates and retention.

Adoption, Reach, and Growth Strategies

Target Audience:

• dApp Developers: Focused on DeFi, RWA, token launchpads, and gaming sectors requiring KYC compliance.
• Blockchain Protocols: Ecosystems aiming to reduce compliance costs and boost user trust.

Onboarding Plan:

• Early Users: Hypersign already collaborates with Axess, Fyre, and Altme for early adoption.
• Scaling: Filecoin integration will unlock access to larger, compliance-focused ecosystems.
• Outreach: Strategic partnerships with Layer 1 and Layer 2 chains and active participation in Filecoin community events.

Development Roadmap

Milestone 1: Integration of HyperSign onto Filecoin Ecosystem

• Objective: Adapt and integrate HyperSign’s compliance services with Filecoin’s decentralized storage solutions.
• Deliverables:
  • Integration of HyperSign’s platform components to leverage Filecoin storage for secure and encrypted data handling.
  • Demonstration of encrypted storage functionality tailored for KYC data within the Filecoin ecosystem.
• Cost: $10,000
• Completion Date: Q4 2024

Milestone 2: SDK and API Development

• Objective: Develop SDKs and APIs to facilitate seamless dApp integration with HyperSign’s compliance and Filecoin storage capabilities.
• Deliverables:
  • Fully functional SDKs designed for developers to incorporate HyperSign services into their dApps.
  • APIs supporting Filecoin storage integration and HyperSign’s identity verification solutions.
• Cost: $10,000
• Completion Date: Q1 2025

Milestone 3: Developer Onboarding & Support

• Objective: Onboard developers and ensure integration of HyperSign’s compliance solutions with dApps leveraging Filecoin storage.
• Deliverables:
  • Integration of HyperSign’s solutions with at least 5 dApps.
  • Detailed documentation and support provided to developers for efficient onboarding.
• Cost: $10,000
• Completion Date: Q2 2025

Total Budget Requested

Milestone #	Description	Deliverables	Completion Date	Funding
1	Integration of HyperSign onto Filecoin Ecosystem	Full integration of HyperSign services with Filecoin for seamless encrypted storage of KYC data.	Q4 2024	$10,000
2	SDK and API Development	APIs and SDKs for dApp developers to leverage Filecoin storage and Hypersign identity services.	Q1 2025	$10,000
3	Developer Onboarding & Support	Integration of Hypersign with 5 dApps, supported by thorough documentation and onboarding resources.	Q2 2025	$10,000

Total: $30,000

Maintenance and Upgrade Plans

Hypersign will establish a dedicated team for post-launch maintenance, updates, and ecosystem support. This includes addressing vulnerabilities, integrating new features, and providing developer assistance.

Team

Team Members

• Hypersign Team (3 Founders, 3 Engineers, 1 Solution Architect)
• Corentin Cadieu (Web 3 Serial Entrepreneur - Advisor)

Team Member LinkedIn Profiles

• Refer to LinkedIn Profiles.
  Corentin Cadieu: https://www.linkedin.com/in/corentincadieu/?originalSubdomain=fr
  Irfan Khan - Founder & CEO : https://www.linkedin.com/in/iakhan/
  Vikram Anand Bhushan - Co-founder Chief Product Officer : https://www.linkedin.com/in/vikrambanand/
  Vishwas Anand Bhushan - Co-founder CTO : https://www.linkedin.com/in/vishwas-anand-bhushan-bab55576/

Team Website

https://www.hypersign.id/

Relevant Experience

The team has extensive experience in decentralized identity, compliance solutions, and blockchain integrations. Previous projects include successful collaborations with COSMOS and NIBIRU.

Team Code Repositories

• Hypersign Protocol GitHub Repository

Additional Information

How did you learn about the Open Grants Program?
Through Filecoin’s ecosystem website and community events.

Email Address for Discussions:
[email protected]

[ErinOCon]

Hi @Dlul72, thank you for sharing your proposal. It looks like you have submitted an application for four separate projects. Can you briefly speak to how you are connected to each of these project teams? Is an advisory fee pulled from any grant funding received?

Also, can you share more detail on how this specific team has interacted with Filecoin previously? Finally, how will Hypersign advance or bring new usage to the Filecoin Network?

[ErinOCon]

Hello @Dlul72, do you anticipate having an update available early this week? I would like to make sure we have time to review any updates prior to our team going on holiday starting December 21st.