Koala life is a DAPP based on ether and decentralization, which helps in the completion of credit connection between people and people, people and institution, and people and assets. It is developed to solve issues of data collection and circulation and the problem of obtaining credit from users of traditional network service platforms. If it is defined in a sentence, we would say that koala life is the passport and key connector of future life, determining to a one-stop decentralized service to reconstruct credit life.

KYC verification

For data mining, Know Your Customers (KYC) verification should be conducted first to establish a block chain identity, which will guarantee that each user has only one identity in reality.

KYC verification includes primary information (identification card+ name+ mobile phone). Check with police network. Advanced information (upload identification card+ face recognition+ live detection) to ensure that the current identity fits the information of the identification card.

Credit life center

Credit life is a life center established based on the dimension of credit information in koala life Dapp. All the operation, behavior and authorization information of users in Dapp will be used as the foundation of life center.

Data authorized by users is life mining tools. With the tools, users can apply it into data mining, through which Token rewards can be obtained. With the development of more functional service, more service will be available through Token.

Data mining

Data mining will be set as one of the important user incentives in koala life to encourage users to fully authorize their personal data to help better construct portraits and make it more convenient to apply different labels to different people. When more people are involved in and portraits become more abundant, the scale effect will be reflected in credit life.

Data mining can help many ordinary people who do not know the block chain to easily obtain the first digital asset, so that they can start to learn block chain and enter the block chain industry. We hope that koala life Dapp can become the first entrance for ordinary people to enter the block chain industry.

Koala wallet

Koala life Dapp covers basic function of mobile wallet. Users can manage their own Token in Dapp, including functions like transfer, query and management.

With the one-stop koala wallet, users can enjoy high-quality products and services. In future versions, koala life provides a function of digital asset management that allows users to manage a variety of tokens through through technologies like atomic operations, bidirectional anchoring, cross-chain protocols to implement one-stop management of Bitcoin, Ethernet coins, and various tokens. The transaction and exchange of digital currency can be completed conveniently.

Moreover, koala life Dapp will be based all around the world, in compliance with the existing laws and policies of various countries, docking payment agencies, card issuing agencies. It will provide compliance and security products and services for users, which can bind digital assets to bank cards. Additionally, it can realize the seamless connection between digital money and the real world, let your digital currency apply to all kinds of transaction consumption scenarios, and activate your digital assets.

Koala wallet adopts a reasonable structure and learns advantages from other products. In the process of receiving and sending tokens, managing transactions and transferring money, a simpler design is used to hide the complex logic of block chain to create digital money application products that can be quickly used by ordinary users. Koala wallet, simple but with many useful functions, will speed up the use and popularity of Token.

As a real block chain wallet, koala Life also provides a lightweight wallet system for users in addition to full-node wallets. The technology of wallet server refers to the technology that lightweight wallets are integrated in the whole node and it can be accessed online through contract address and wallet password. Moreover, it can realize the operation of controlling multiple wallet addresses to transfer money by single wallet generation. At the same time, koala wallet provides perfect disaster control system which can provide the highest level of security for the users who use the koala wallet.

Data exchange

In the past, a lot of data was collected when we went to any financial institution to apply loans and buy insurance. If we change a institution, the same work should be done, which is a waste of time and social resources.

If the data belongs to an individual, then whether can we manage our own local data? When needed, it can be sent to service organizations (financial institutions, hospitals, travel units, etc.) to allow service agencies to have the right to use data after receiving this authorization, thus time for re-collection and social resources can be saved, and the ownership of the data can be controlled by themselves.

User portrait

User portrait is based on the data uploaded by users and determined by the algorithm. Each portrait of block chain identity is unique, and the user portrait will reflect the user’s objective data, such as assets, credit, shopping habits, etc. The process of supplementing the dimension of data is the process of perfecting the user’s portrait.

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