Abstract

The cryptocurrency landscape is shifting dramatically, with a growing demand for user-centric applications capable of engaging millions of users. Hana Network prioritizes a frictionless user experience to onboard the non-crypto native users, eliminating complexities of onboarding and abstracting away blockchain intricacies. More specifically, as the consumer centric layer, Hana Network introduces socialfi, gamefi, payments, and real-world services. (e.g. trustless on-off ramps and gamified restaking) Moreover, Through Threshold Signature Scheme (TSS), Hana Network bridges the gap between crypto and real-world transactions, promising to drive mainstream blockchain adoption by simplifying development and enhancing interoperability.

Introduction

A Consumer Crypto app will eat everything.

The cryptocurrency landscape is undergoing a pivotal shift.

While recent years have witnessed a surge in innovative infrastructure focused on scalability and privacy solutions, many lack widespread adoption and active user engagement. This highlights the industry's growing demand for

user-centric applications

capable of captivating a mass audience of tens of millions. As such, the era dominated by "fat protocols" is nearing its conclusion, paving the way for compelling consumer applications to become the primary driver of future growth.

This shift necessitates a paradigm change in user experience (UX) design. Recognizing the heightened sensitivity of mainstream users to onboarding complexities compared to experienced cryptocurrency enthusiasts, Hana Network prioritizes a

frictionless UX

. This streamlined experience eliminates the need for centralized exchanges (CEXs) during the onboarding process and offers users a single, intuitive interface that abstracts away underlying blockchain complexities. By prioritizing this user-centric approach, Hana Network aims to facilitate the seamless integration of the next billion users into the cryptocurrency ecosystem.

Challenge

To onboard the next billion users onto crypto, user experience really matters. However, current mechanisms are still too difficult for mainstream users. Two problems are blamed for most of the barriers.

The fitst is the difficulty of onboarding. Existing onboarding with CEX has complicated process, high fees, and a long way to connect to the on-chain apps.

Therefore, Hana will provide solutions that allow consumer apps to quickly onboard users.

This is one example, trustless on-off ramp.

No fees, No Fraund, Seamless access without a centralized player.

Hana Gateway : The End of Centralized Exchanges

No more CEX, New Onboarding.

The other problem is the lack of chain abstraction.