Images as NFTs are cool. Decentralised wallets are cool. Storing crypto on military-grade drives sounds fantastic. Decentralised video streaming services are fun to use. But what if we told you that your mobile number can be decentralized and adopt the principles of an NFT?
Now it’s possible with Ultimate Digits!
Today we will be taking a look at everything this shiny new web3 project has to offer and how it is bringing decentralising to the heart of your smartphone with a unique selling proposition.
Introduction
As Web3 technologies continue to evolve, the need for secure, decentralized, and user-centric digital identity solutions becomes increasingly vital. Ultimate Digits, an innovative platform offering personalized phone number-based Web3 usernames, aims to revolutionize the way we perceive and utilize digital identities.
With an emphasis on individual liberty, privacy, and decentralization, Ultimate Digits is poised to become a trailblazer in the rapidly expanding Web3 ecosystem.
What is Ultimate Digits?
Ultimate Digits is the leading provider of Web3 phone numbers, delivering an all-encompassing solution that blends phone numbers, wallet addresses, and login credentials for the decentralized web. As a trailblazer in the Web3 space, Ultimate Digits is dedicated to making Web3 platforms more accessible and user-friendly for all.
With its distinctive phone number format, the company enables users to craft a memorable and personalized digital identity that distinguishes them in the Web3 world. To discover more about Ultimate Digits and secure your dream digits, visit www.ultimatedigits.com.
Ultimate Digits is a platform that offers personalized phone number-based Web3 usernames. These usernames are unique, permanent, and self-sovereign, and they can be used for a variety of purposes, such as logging in to websites, making payments, and sending and receiving cryptocurrency.
Ultimate Digits offers three types of virtual phone numbers:
- Personalized new virtual phone numbers with the +999 country code.
- Existing number retention, for those who prefer to keep their current phone number, with a +999 country code.
- New numbers with telephony services such as voice, text, and data.
These users receive eSIM-powered virtual phone numbers.
How does Ultimate Digits work?
Ultimate Digits uses blockchain technology to store and secure user data. This ensures that users have complete control over their personal information and that it cannot be accessed by unauthorized third parties.
When a user creates an account on Ultimate Digits, they are assigned a unique phone number. This number can then be used to create a Web3 username. Users can also choose to personalize their phone numbers if they so wish.
Ultimate Digits additionally offers several features that enhance users’ communication experiences. These features include:
Secure notifications: Users can receive Web3 notifications via SMS or push alerts.
USSD codes: Users can use USSD codes to perform a variety of tasks, such as checking their balance.
Communication preferences: Users can set preferences to control who contacts them and for what purpose.
Decentralized VOIP and secure messaging: Users can use Ultimate Digits’ VOIP and secure messaging services to communicate with others.
Benefits of using Ultimate Digits
There are a number of benefits to using Ultimate Digits, including:
Security: Ultimate Digits uses blockchain technology to store and secure user data. This ensures that users have complete control over their personal information and that it cannot be accessed by unauthorized third parties.
Privacy: Ultimate Digits’ decentralized approach helps protect users’ privacy. Users can choose to share their personal information with others on a need-to-know basis.
Decentralization: Ultimate Digits is a decentralized platform. This means that it is not controlled by any single entity or government. This can help to protect users’ rights and freedoms.
Personalization: Ultimate Digits allows users to personalize their phone numbers. This can help users to express themselves and stand out from the crowd.
Economic value: Ultimate Digits’ NFT-based phone numbers have economic value. Users can buy, sell, or trade their phone numbers to generate income.
The idea behind Ultimate Digits:
“The idea for Ultimate Digits was born out of a combination of personal experience and exposure to industry trends.
The first trigger came from understanding the immense growth potential for Web3 identifiers as more people begin to use the decentralized web.
The second trigger was rooted in my background in Sudan and India, where I saw firsthand the impact of cash-to-digital money onramps in the form of scratch-off vouchers, the prevalence of app-less, hash key-based banking via M-Pesa, as well as the potential for innovative solutions like Celo Foundation’s cUSD and Valora wallet.
These two triggers led to my epiphany and the inception of Ultimate Digits. Initially, I focused on the Web3 aspect but later expanded my vision to include a broader range of use cases. We’ll start with the crypto use case 1st, marketing Ultimate Digits to the community that may be interested in grabbing vanity numbers at premium prices. Then, we’ll build for the unbanked. ” Ultimate Digits CEO, Atharva Sabnis says
Now let’s dive deep into the +999 party
As the Web3 ecosystem continues to expand, the Ultimate Digits +999 country code could become an integral part of Web3 culture in the coming years. With its unique approach to digital identity, based on personalized phone numbers, the +999 country code could establish a new standard for decentralized identity.
This standard could facilitate interoperability and collaboration among various blockchain platforms, and drive innovation in the Web3 space.
Some key takeaways:
- The +999 country code could establish a new standard for decentralized identity.
- It could create new economic opportunities for users within the Web3 economy.
- It could reinforce the core values of the Web3 movement.
- It could help to build a more inclusive and accessible digital community.
How does the SKALE network fit in the whole Ultimate Digits ecosystem?
So Ultimate Digits offers Web3 phone numbers to everyone as an ERC-721 NFT. These can be minted without gas fees using the SKALE network.
How SKALE Works
The SKALE network is composed of a set of nodes that are owned and operated by a decentralized community of validators. These nodes are responsible for processing transactions and executing smart contracts on the SKALE network. The SKALE network is designed to be highly scalable, and it can support a large number of transactions per second.
Benefits to Ultimate Digits using the SKALE network
The SKALE network is a scalable, decentralized, and interoperable platform that enables developers to build and run Ethereum-compatible applications with high throughput and low latency. It is a cost-effective and efficient solution for high-demand blockchains.
The SKALE network achieves scalability by using a novel architecture that allows multiple blockchains to run on the same network. This architecture makes SKALE a powerful and scalable platform that can be used to build and run high-demand blockchain applications.
Ethereum Account Abstraction powers up Ultimate Digits:
Account abstraction allows a smart contract to manage multiple accounts, each with its own balance of ether and NFTs. This is achieved by creating a single smart contract that contains multiple account variables, each of which corresponds to a separate account.
When a user interacts with a smart contract that uses account abstraction, they must specify which account they want to interact with. The smart contract then retrieves the balance of the specified account and performs the desired transaction.
- Account abstraction is a feature that allows a smart contract to manage multiple accounts, each with its own balance of ether and NFTs. This is achieved by creating a single smart contract that contains multiple account variables, each of which corresponds to a separate account.
- When a user interacts with a smart contract that uses account abstraction, they must specify which account they want to interact with. The smart contract then retrieves the balance of the specified account and performs the desired transaction.
- Account abstraction is important for Ultimate Digits because it allows the project to support custom account logic. This not only allows web3 phone numbers to resolve resources on various chains, but it also enhances the user experience for Ultimate Digits users.
Here are some of the ways in which account abstraction enhances the user experience for Ultimate Digits users:
- Sending and receiving crypto: Account abstraction makes it easier for users to send and receive crypto. Users can simply specify the account they want to send or receive crypto to, and the smart contract will handle the rest.
- Buying and selling NFTs: Account abstraction also makes it easier for users to buy and sell NFTs. Users can simply specify the account they want to buy or sell an NFT from, and the smart contract will handle the transaction.
- Accessing transaction history using USSD codes: Account abstraction makes it possible for users to access their transaction history using USSD codes. This is a convenient way for users to track their crypto activity without having to use a web browser.
Understanding the MFA superiority over 2FA:
“Ultimate Digits, realizing the growing need for robust security solutions, has harnessed an advanced Multi-factor Authentication (MFA) mechanism. This innovative approach provides superior security over conventional two-factor authentication (2FA), confirming transactions through a potent combination of something the user is, something the user has, and something the user knows”
Understanding the basic of Multi-Factor authentication:
In recent times MFA has become integral across platforms and apps. The successful implementation of MFA allows platforms to safeguard the user by adding an extra layer of authentication for executing a transaction.
For example, your bank may send you an OTP on your number to approve the transaction, but would then also require you to add a sequence of numbers corresponding to your credit card grids. This not only enhances security but is a sure shot way of keeping bad actors away from the scene,
If we speak about the thought process behind the MFA process, we can simply break it down into the following steps:
- Something the user knows (knowledge-based);
- Something the user has (possession-based);
- Something the user is (inherence-based)
The framework then enhances the working process of Ultimate Digits through MFA allowing for a more robust system in place compared to 2FA (2-factor authentication)
Not wanting to alienate users, Ultimate Digits allows for users to opt for the traditional 2FA route, but MFA is only triggered if it is explicitly selected as an option from the app by the user.
MFA creates one-of-the-most robust systems in place by introducing 3 layers of security blanket for the user. Keeping the digital privacy of the user at the core of the product. Also, since the MFA architecture does not rely on the traditional SMS route of receiving a unique pin, but is tied to the user’s wallet as an NFT, this makes the whole process resistant to tamper and malicious activity.
Understanding the role of W3NA:
Ultimate Digits is not just another project that has entered the shiny web3 space to offer just another product to users. Their unique proposition towards mobile numbers is carefully crafted and the execution of the same speaks volume.
“The Web3 Number Alliance is dedicated to improving the technological and public policy environments for users of blockchain-based phone numbers, Web3 phone numbering, Web3 telephony, and phone number-based communication services. We aim to promote a more accessible, secure, and decentralized digital ecosystem to benefit individuals and organizations.”
Ultimate Digits: The way forward 2023
Ultimate Digits conducted user research with over 60 ENS holders and 400 NFT community members. They found that the most appealing aspect of Ultimate Digits is its ability to provide decentralized communication. Users are interested in being able to communicate with each other without relying on traditional, centralized services.
Based on the user research, they have created a product roadmap that focuses on decentralized communication. The first step is to distribute Ethereum phone numbers to users. Once users have their Ethereum phone numbers, the project will roll out additional features, such as:
Etherscan notifications over text: Users will be able to receive Etherscan notifications over text, such as when they receive a new transaction or when their balance changes.
Decentralized VOIP: Users will be able to make and receive phone calls using their Ethereum phone number. This will allow users to make calls without having to use a traditional phone service provider.
Secure messaging: Users will be able to send and receive secure messages using their Ethereum phone number. This will allow users to communicate securely without having to worry about their messages being intercepted.
dApp notifications to phone: Users will be able to receive notifications from dApps directly to their phone. This will allow users to stay up-to-date on the latest dApp activity without having to constantly check their compute
We believe that Ultimate Digits has the potential to revolutionize the way we communicate. By providing users with a permanent, decentralized phone number, Ultimate Digits will allow users to communicate freely and securely without relying on any particular service provider.
What is Ultimate Digit aiming to solve?
These are the 2 core problems the solution is focussed on:
Problem 1:
The functionality of Web3 identifiers, which are currently limited to being payment address strings, is being enhanced. For example, most Web3 domain owners use domains for payment addresses rather than decentralized websites. While domain names are 35 years old, not everyone owns a domain.
However, almost everyone owns a phone number. Phone numbers are already the largest social graph, with 5.8 billion phone numbers compared to 320 million domains. Therefore, it is not clear why your phone number is not your primary web3 username identifier.
Problem 2:
Financial inclusion using crypto for unbanked individuals in nine countries is being provided without relying on conventional banks by leveraging phone number Web3 identifiers. Over 2 billion people in nine countries are unbanked, but 2 out of 3 of these people use phones.
Therefore, it is not clear why we have not leveraged phone number Web3 identifiers to provide financial inclusion using crypto for these individuals without relying on conventional banks
Conclusion
Ultimate Digits is truly a unique product that is bringing the power of decentralisation to mobile numbers. The product in itself is well crafted and technically sound, by using the latest processes, such as Account Abstraction, unique +999 country code, premium choice of numbers for users & helping mobile numbers become digital goods by implementing them as NFTs.
The platform is currently in beta-testing for the first batch of selected users and is also taking registrations for the next batch of rollout. They plan to launch in the latter half of 2023 and the enthusiasm is clearly seen in the number of registrations spot- in just 48 hours, they achieved an insane 1700+ whitelisted wallets and they had to freeze the registration process post that.
As time progresses, people have understood the importance of digital privacy and Ultimate Digits is surely looking like one of the best solutions that is primarily bridging the gap between web2 & web3 users.