#Opclave: Turning Apple Devices into Hardware Wallets

March 27th, Istanbul University İ Opclave, developed by the team of the T ü Blockchain Club, is shortlisted for ETH Global Scaling 2023 Hacksong, an improvement on the OP Stack for ERC-4337 compatible smart contract accounts. This smart contract wallet uses an abstract signature from Apple Enclave, allowing users to create and use Apple Face-ID and Touch-ID unmanaged wallets without the need for mnemonics. Its core idea is to turn Apple devices, iPhones, and Macbooks into hardware wallets, and initiate transactions from the trusted execution environment, Apple Secure Enclave, to ensure security. At the same time, Opclave also has functions such as social recovery, batch processing, support for ERC20 Token payments, and daily spending limits. After that, the team will also develop other account abstraction functions such as 2FA, email login, and support other chains such as Starnet, zkSync, and Fuel.

ETHGlobal Hacker Pine shortlisted project Opclave supports using Apple Face ID and Touch ID to initiate transactions

In recent times, the world has seen a significant rise in the use of cryptocurrency, and with that comes the need for proper measures to ensure the security of digital assets. That is where Opclave comes in as a smart contract wallet developed by the team of Tü Blockchain Club, now shortlisted for ETH Global Scaling 2023 Hacksong, an improvement on the OP Stack for ERC-4337 compatible smart contract accounts.
##What is Opclave?
Opclave is a smart contract wallet that uses an abstract signature from Apple Enclave, allowing users to create and use Apple Face-ID and Touch-ID unmanaged wallets without the need for mnemonics. Its core idea is to turn Apple devices, iPhones, and Macbooks into hardware wallets, and initiate transactions from the trusted execution environment, Apple Secure Enclave, to ensure security.
This innovative approach used by Opclave is designed to protect users’ funds from hacking or scams that have plagued the cryptocurrency industry, especially through unauthorized access to digital wallets. Opclave aims to provide a simple yet highly effective solution that improves the user experience of using cryptocurrency by leveraging the built-in security features of Apple devices.
##Opclave Features
Opclave smart contract wallet has a range of exciting features that will improve the overall user experience. Some of these features include:
###Social Recovery
Opclave has added social recovery as one of its features, which enables users to recover their lost wallet data or credentials through their social networks. This means that even if a user forgets their password, they can still recover their assets through their social media accounts.
###Batch Processing
Opclave smart contract wallet can batch process transactions, helping users save time when they want to send multiple transactions simultaneously.
###ERC20 Token Payments
Opclave supports ERC20 Token payments, making it easier for users to transact with other cryptocurrencies besides Bitcoin.
###Daily Spending Limits
Opclave also includes daily spending limits, which helps users manage their spending habits while using the smart contract wallet.
##What Makes Opclave Unique?
Opclave’s unique selling point is its ability to turn Apple devices into hardware wallets, taking advantage of the advanced security features provided by the Apple Secure Enclave. This approach to secure wallets is highly innovative and aims to address a critical issue in the cryptocurrency industry, where the majority of theft and hacking incidents have occurred through digital wallets.
Opclave uses user-centric design principles, ensuring that users’ funds are highly secure while providing a user-friendly experience that saves users time.
##Future Developments of Opclave
The Opclave team is dedicated to making Opclave the most useful and secure smart contract wallet in the market. The team plans on developing other account abstraction functions such as 2FA, email login, and support other chains such as Starnet, zkSync, and Fuel. All of these developments aim to improve the overall user experience and take Opclave to the next level.
##Conclusion
Opclave smart contract wallet is a highly innovative solution to the issues of securing digital assets in the cryptocurrency market. As a smart contract wallet that turns Apple devices into hardware wallets, Opclave ensures maximum security and user-friendliness. The Opclave team’s dedication to improving the user experience is seen in the features they have included in the smart contract wallet and future developments being proposed.
##FAQs
1. Can Opclave be used by non-Apple device users?
No, Opclave is designed to work with Apple devices with the Apple Secure Enclave.
2. How does Opclave ensure security?
Opclave uses the trusted execution environment provided by the Apple Secure Enclave to ensure maximum security for users’ funds.
3. What other developments can we expect from the Opclave team?
The Opclave team plans on developing other account abstraction functions such as 2FA, email login, and support other chains such as Starnet, zkSync, and Fuel.