In a world where loss of cryptocurrencies and digital assets are at an all-time high, (ever evolving hacks, phishing attacks, digital asset loss by individuals, SMBs, and enterprise) we choose to help provide solutions to resolve attack pathways, via in depth practical hands on education as the first line of defense for front and back end users.
At the core of TrustlessPay Digital Assets, Inc., the framework is being designed with the sole focus of building a totally secured, scalable, decentralized framework; for secure identification, verification, authentication, and authorization of RWA’s (Real World Assets). Providing owners 24/7 peace of mind, knowing their RWAs are what they are and where they are, and why there may be a change in their value.
We are building an open integrated decentralized platform to verify AIDID Decentralized Identity as a service. We see a future where users do not need to rely solely on centralized platforms. Users can share what they want with centralized protocols, open and closed financial networks, while still maintaining control of their digital identities. AIDID users will be able to share data with banks, governments, financial institutions, and peer-to-peer while retaining complete control of their digital identities.
This is the future of sovereign governance. Instead of centralized digital identities we believe AIDID will be one of the many solutions to prevent, intervene, and protect real world assets owners’ digital identification and digital assets.
In the most immediate future AIDID self-sovereign decentralized identity management for blockchain self-banking and digital asset on boarders is a current day reality and future imperative.
TrutstlessPay.com AIDID based global sustainable decentralized digital identity helps users avoid costly financial mistakes, through the loss of their digital assets and digital identities.
Trustless Pay AIDID ReFi-mining pools will be programmed to integrate into Web3.0-Web5.0 AIDID financial blockchains. The AIDID goal is to identify verifiable sustainable emerging decentralized future financial markets, risks, rewards, and margin profitability of emerging blockchains companies.
The decentralized mining will provide customized decentralized data and real time information about the barriers, needs, and investment gaps for TrustlessPay.com individuals and institutional investors.
Yes, we provide information and knowledge specifically regarding buying, selling, trading, and diversified cryptos including swapping cryptocurrencies across decentralized blockchain platforms.
TrustlessPay removes the barriers, needs, gaps and blockchain services fragmentation; for B2B, B2C,SMEs and Start-Ups by providing digital asset on boarding knowledge as a service.
TrustlessPay will provide secure, scalable, and decentralized services to address global political, social, environmental, and economic disruptions across global systems. All services being provided will be in accordance with SEC and federal regulatory guidelines as defined in the USA.
Caner (2016) stated (A trustless system means that the participants involved do not need to know or trust each other or a third party for the system to function.... In a centralized system, as long as the trusted third party can be trusted, the system will function as intended.)
To further define the meaning of Trustless systems please see answer here.
Berg (2016) stated Bitcoin is trustless because the system was designed so that nobody must trust anybody else for the system to function.... If you broadcast a bitcoin transaction, all nodes that receive it and verify that the signatures are valid and discard the transaction if they are not.
At TrustlessPay.com we allow you to interact directly with the blockchain services providers while you remain in full control of your keys & your funds. You and only you are responsible for your security.
We cannot recover your funds or freeze your account if you visit a phishing site or lose your recovery phrase.
TrustlessPay.com is not a Bank. When you open an account with a bank or exchange, they create an account for you in their system. The bank keeps track of your personal information, account passwords, balances, transactions and ultimately your money.
The bank charge fees to manage your account and provide services, like refunding transactions when your card gets stolen. The bank allows you to write a check or charge your debit card to send money, go online to check your balance, reset your password, and get a new debit card if you lose it. You have an account with the bank or exchange, and they decide how much money you can send, where you can send it, and how long to hold on to a suspicious deposit. All for a fee.
TrustlessPay.com is a platform which provides Identity, Verification, Authentication, and Authorization for owners of Real-World Assets. TrustlessPay.com will deliver real time Knowledge as a Service, trustless, seamless, transparent. TrustlessPay will eliminate RWAs financial complexities across global borders.
When you create an account on the exchanges you are generating a cryptographic set of numbers: your recovery phrase and your public key (address).
This is Self-Banking. You and only you are responsible for who, what, when, where, why and most importantly how your transactions take place.
With total control over the pre-and-post transactions over the decentralized Web 5.0 there is the need to have a practical working knowledge of internal and external Dapp- Decentralized Applications Programs. Real World Assets demonstration of ownership of RWAs is the future of digital assets ownership. TrustlessPay’s role is to provide a framework for financial inclusion globally, leading to democratization for people from marginalized and non-marginalized populations, who are unaware of the emerging decentralized financial global economy.
You can choose to be your own bank in the future. Centralized financial institutions will continue to play a very important role in global finance for individuals and businesses. Decentralized global blockchain digital economies will provide the infrastructures. Blockchain innovation Fin-Tech AI DApps are being integrated into traditional global financial markets and non-traditional financial markets.
Customized self-banking systems as a means for individuals and institutional investors to have control over their assets will be the new normal. DApps Self Banking models are being integrated into everyday life with DeFi and ReFi decentralized mobile banking.
The only difference being you are not in control of interests, checking and savings and the charges which occur as a direct result of double spending, charge backs, deficits in accounts and low annual yields and returns on investments in traditional fiat-US currency.
Yield Farms- will come into their own financial growth space in the blockchain DeFi (Decentralized Finance) world. DeFi offshoots where customers digital asset stores of value, are loaned and or staked for a ROI (Return on Investment) will emerge as the methods of closing short- and long-term loans economic gaps.
Peer to Peer blockchain users utilizing trustless payment smart contract systems can provide just in time payments built into peer-to-peer contracts. The smart contracts will permit terms and usage for individuals and institutional investors. Smart contracts stipulating the terms of the loan and or staked cryptocurrencies agreements are a current day reality and future imperative.
The handling of your recovery phrase happens entirely on your computer, inside your browser. We never transmit, receive, or store your private key, password, or other account information. We charge a transaction fee for online payments. The third parties charge transaction fees for online payments. A subscription fee is charged for services.
You are simply using our interface to interact directly with the blockchain. If you send your public key (address) to someone, they can send you tokens. If you send your recovery phrase to someone, they now have full control of your account.
The blockchain is like a huge global decentralized spreadsheet. It keeps track of who sent how many coins to whom, and what the balance of every account is. It is stored and maintained by thousands of people (miners) across the globe who have special computers.
There are many cold and hot wallets linked to TrustlessPay.com. MyEtherWallet, Meta Mask, Exodus, Mist, Geth, Parity, and of course Wallet Connect.
When you see your balance on Changelly, Ledger Wallet, CEX.io, Binance, BitMain, Coinbase, Coin mama, Meta Mask, Authereum, Bancor, Uni Swap, and MyEtherWallet.com or (MEW) you see actual transactions. When you can view your transactions on etherscan.io, you see data on the blockchain, not in our personal systems.
Please understand:
We cannot access your account(s).
We cannot send your funds for you.
We cannot recover or change your recovery phrase.
We cannot recover or reset your password(s).
We cannot reverse, cancel, or refund transactions.
We cannot freeze accounts.
You and only you are responsible for your security. Be diligent to keep your recovery phrase and password safe.
Your private key is sometimes called your recovery phrase, mnemonic phrase, key store file, UTC file, JSON file, wallet file.
If you lose your recovery phrase or password, no one can recover it. If you enter your recovery phrase on a phishing website, you will have all your funds taken.
The point of decentralization and blockchain is so you have the option to not rely on a bank, government, or anyone to access your funds.
You do not have to rely on the security of an exchange or bank to keep your funds safe. If you do not find these things valuable, ask yourself why you think the blockchain and cryptocurrencies are valuable.
Please see the Wallet links at TrustlessPay.com (Exchanges and Affiliates)
These will help keep your keys secure.
Phishing attackers create fake websites that look almost identical to trusted ones. If you enter your information, they can steal your data and your money.
To stay safe:
Use the MetaMask browser extension which includes phishing protection
Consider adding tools like PhishFort or browser-level security extensions
Always check the website address carefully in your browser
Avoid clicking on links from unknown messages, emails, or social media
Type website addresses manually whenever possible
Do not trust messages or links sent to you randomly via email, Slack, Reddit, Twitter, etc. Always navigate directly to a site before you enter information.
Do not enter information after clicking a link from a message or email. Install an Ad Blocker and do not click ads on your search engine (e.g., Google).
People will try to get you to give them money in return for nothing.
If it is too good to be true, it probably is. Research before sending money to someone or some project. Look for information on a variety of websites and forums. Be wary. Ask questions when you do not understand something or it does not seem right.
Do not let fear, FUD, or FOMO win over common sense. If something is very urgent, ask yourself "why?". It may be to create FOMO or prevent you from doing research.
If you lose your recovery phrase or password, it is gone forever. Do not lose it. Make a backup of your private key and password. Do NOT just store it on your computer.
Print it out on a piece of paper or save it to a USB drive. Store this paper or USB drive in a different physical location. A backup is not useful if it is destroyed by elements or compromised.
Do not store your recovery phrase in Dropbox, Google Drive, or other cloud storage. If that account is compromised, your funds will be stolen.
If you have more than 1-weeks’ worth of pay or cryptocurrency, get a hardware wallet. No excuses. It is worth it. I promise.
TrustlessPay Digital Assets, Inc.
