Case study of GBC - Wallet Guardian, a browser plugin that protects your crypto from scammers
ilink | Blockchain Development company
Custom software development company with strong expertise in blockchain solutions, web/mobile applications and AI.
An AI powered browser plugin that scans, protects, and analyzes users' wallet interactions with tokens, smart contracts and Dapps.
Overview
The growing popularity of web3 and DeFi around the globe has seen an accompanying growth of pain points among its users. Scams, Fraud and dodgy smart contracts are only some of the difficulties the adopters of these technologies have faced; all of which have contributed to users losing both their assets and trust in the technology as a whole.
GBC wallet guardian is the solution to these problems. It’s a plugin that leverages the power of AI to perform advanced audits of contracts and wallets, warning users of any potential risks associated with a wallet or contract address. A virtual guardian that keeps your assets away from the hands of scammers.
Challenge
The lack of a practical way to evaluate the trustworthiness of a given wallet or smart-contract.
Our solution
A chrome plugin, capable of evaluating wallet and contract addresses, warning the user of any potential dangers associated with it.
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Results/Key features
A fully functional plugin for the chrome browser consisting of three services
The security scan allows users to view assets stored in the wallet, identifying tokens that may have security threatening properties. It gives control over granted permissions, enabling users to monitor potentially malicious smart contracts that interact with the address. And on top of this it also helps speed up the loading of wallet data by managing its connection to third-party services.
Along with this, the Real-Time Protection scans any smart contracts and DApps, checking their security. All of this is done in real time by utilizing AI to provide a robust multi factor analysis of the smart contracts and DApps. If anything suspicious is detected, the program will warn users of the potential dangers through a browser notification.
The bridge guardian is used to validate bridge activity; it confirms that the bridge being used is functioning correctly and that it’s safe to send tokens across it.