Startfeld wallet - how the future works
Startfeld supports start-ups with "funding packages" in the form of vouchers. Start-ups can redeem these vouchers at selected partner service providers. For example, if a start-up needs legal support, they can redeem the voucher from Startfeld with a lawyer. The partner service providers, in turn, exchange the voucher they receive for payment at Startfeld.
Until now, the vouchers were available in paper form. With the Startfeld Wallet, this process has now been digitalised. The vouchers are available in the form of so-called Startfeld Coins (SFC). This is not a "real" cryptocurrency, which could also be used to pay elsewhere, but a digital voucher. One SFC corresponds to one Swiss franc.
The transfer logic of the transactions is implemented transparently in a standardised ERC20 smart contract. This is verified on the SwissDLT blockchain. The Startfeld Wallet thus represents the interface for accessing the blockchain. Blockchain Trust Solutions AG acts as the infrastructure provider and makes the network available. You can find more information on the topic of smart contracts in Pascal's blog.
The Startfeld Wallet offers a range of functionalities:
Create, import and secure wallets
Users can log in and out of different wallets that have been set up using a password or biometric login
Transfer SFC from one to another address
Call up the transfer history (incl. details) and the current balance.
Users can access and share their wallet address in various ways so that others can deposit to the SFC address
Manage and view wallet data in a protected manner (seed phrase, private key)
Information on the app and the blockchain for further reading