Yurii Kovalchuk ๐บ๐ฆ
@web3yurii
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๐งโ๐ป CTO @blockcontrolio & Lead Engineer @AnyoneFDN โข ๐ทโโ๏ธ Prev: @AbraGlobal ๐ Winner: @uniswap Hookathon, @base Batch Europe, @ethkyiv_ua Hackathon
Kyiv, Ukraine
Joined April 2022
Another huge milestone for @blockcontrolio! Weโre proud to build the clearing layer for institutional stablecoins together with @Yellow ๐ก
@Yellow @0xYellow ๐ Banking isnโt being replaced. ๐ Itโs being reprogrammed. @blockcontrolio is redefining how financial institutions interact with blockchain: ๐ Its processing layer connects traditional banking infrastructure with stablecoin rails, enabling instant,
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Big news โ @blockcontrolio has been selected to pitch at Startup Fair 2025 in Vilnius ๐ฑ๐น Weโre bringing stablecoin infrastructure to the main stage of Startup Lithuania. ๐ณโก Letโs go! ๐
๐ Exciting news! Weโve been selected to pitch at the Startup Fair Pitch Battle Competition โ biggest startup event in Lithuania ๐ฑ๐น Our CBDO, Dmytro Oliinyk, will take the stage to present how weโre building stablecoin and tokenization infrastructure for banks and fintechs ๐ณโก
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My friends from @Generis_agency are heading to @token2049, and theyโre bringing something special with them. If youโre building a Web3 project and thinking about marketing, their Treasure Quest is definitely worth joining.
๐ We are making @token2049 even more fun! Our team has prepared TOKEN2049 x GENERIS Treasure Quest. Complete the tasks and enter a draw for some useful prizes: โจVerified KOLs List โจ50% Off SMM + Community โจGTM Starter Pack โจStrategy Session with Generis โจ50% Off Personal
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๐ช๐บ How we connected EU banks to blockchain and solved a โฌ2 trillion problem. The @blockcontrolio story ๐ Our new article, this time on Fintech Insider ๐ Link: https://t.co/3UFzElU1ID
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Proud to share such a great news! Huge milestone for us ๐ Bullish on #Arbitrum. Bullish on #Ethereum.
๐ Weโre excited to announce that @BlockControl has been approved for a $50,000 milestone-based grant from the @arbitrum DAO. This is major validation of our work building compliant stablecoin infrastructure on top of Orbit stack. Let's go ๐ฅ @DAO_Arbitrum @ArbitrumNewsDAO
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Everyoneโs talking about the digital euro but Nobodyโs asking how banks will actually implement it. In @blockcontrolio we are building the bridge theyโll need to cross. To know more please read the great article by @stablecoininfo P.S. Link in the thread๐
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You have two possible options: 1. Get audited ๐ฅ 2. Get hacked ๐ฅท No third option.
I spoke to a Solana project (Cyfrin does Solana work now!) about their codebase, and we asked them why they kept a piece of their codebase out of scope for an audit. Their answer: โWe plan to keep it closed sourced so the security needs are less.โ 1. Without a security review,
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So true ๐ The first topic teams usually discuss is not what product to build, but how to integrate as many sponsors as possible.
crypto hackathon is a game now of who can integrate every single sponsor in their project in the most creative way possible to farm max bounties. Judged one recently & itโs hilarious to see teams sneaking in every sponsor like a checklist LOL
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Okay, who should I follow in terms of early stage startup funding, investment, incubating and accelerating in web3?
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Combining all together we have the wallet for absolute newbies. The most `abstract` and the most easy to use wallet. The wallet for your granny or a kid. Found it interesting? Please reach me or a team: @mermakovwow @alert17eth @anton_chernets Let us know what you think ๐
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All the supported networks and tokens are set by default All the smart contract methods in deeplinks are whitelisted Custom setup can be done manually but also only whitelisted Security is important, especially when talk about normies.
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The last but not least - easy onboarding / setup account. This is possible to be done by Social Login. And we can still be non-custodial or semi-custodial. There are a few projects which can give this as a service.
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We also do swaps automatically using dexes If the amount is not enough or receiver expects other token. RC-681 allows to deeplink any payment info. Users just scan/generate QR-code containing this deeplink. The whole payment process happens in background.
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Obviously regular people don't want to care about networks as well. This is why Chain Abstraction is also a crucial part of the project. Users just send/receive 'fiat' assets to other users. All the cross-chain stuff happen under the hood.
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Also users don't need to care about gas and tx sponsorship. This is where Account Abstraction comes to play. Thanks EIP-7702 and ERC-4337 it is very easy to implement.
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Let me present our new project ๐ฒ Normie Wallet Which was first introduced as a submission for @ethkyiv_ua The main feature: Token abstraction ๐ช It allows Normies not care about underlying tokens and coins They just see a unified balance in USD or other fiat currency ๐งต
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