📜Address Registry

Simplifying Crypto Payments with Friendly Names

In the world of cryptocurrency, lengthy addresses can be a source of both errors and inconvenience, often leading to mistyped transactions and user frustration. The Address Registry within FrogPay functions as a name resolution service, offering users the ability to associate user-friendly names with their complex cryptographic addresses. This service enhances usability and reduces errors by allowing users to request personalized aliases for their addresses, such as "johndoe@frogpay," instead of cumbersome hexadecimal strings like "0x0af..ab."

Key Features of the Address Registry:

• User Convenience: By providing a name resolution service, the Address Registry streamlines the process of sending and receiving cryptocurrency payments. Users can easily remember and share their personalized aliases, eliminating the need to manage and copy long cryptographic addresses.

• On-Chain and Off-Chain Compatibility: The Address Registry is accessible both on-chain and off-chain, ensuring compatibility with FrogPay DApps and smart contracts. This dual functionality enables seamless integration with the broader FrogPay ecosystem, allowing users to send payments directly to these friendly addresses.

• Brand Utilization for Businesses: For businesses and merchants, the Address Registry offers a valuable opportunity to leverage their brand names as payment addresses. By associating their brand identities with friendly aliases (e.g., "nike@frogpay"), businesses can enhance their brand recognition and provide a more welcoming payment experience for their customers.

Safety Measures for Brand Protection:

• While users have the freedom to claim any address they desire, the Address Registry implements safeguards to protect businesses and their brand identities. Reserved brand names, such as those associated with well-known companies, will only be issued after undergoing full Know Your Business (KYB) verification.

• This verification process ensures that businesses can confidently utilize their brand names as payment aliases within the FrogPay ecosystem, safeguarding their reputation and identity from misuse or impersonation.