πŸ“œProfile Registry

Though users will be able to use FrogPay as guest users, they will drive more value by creating a profile with FrogPay. The profile will result in a smart-contract wallet which can be used to receive and hold assets. This provides additional protection of account recovery in case of lost private key.

Merchant or Business users will be required to create a profile. The profile will contain business details and will help create trust with end users. As business accounts can be managed by multiple users, profile provides single interface point for users to interaction. The profile will contain basic information about the person/entity needed for building trust and uniqueness. The profile registry (Non Fungible Registry) will issue a soul-bound profile token to the user’s wallet. When interacting with the protocol’s smart contracts, smart contracts may enforce that wallet has a FrogPay profile NFT attached to it.

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