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Confío: LATAM's Open Wallet for the Dollar Economy

Confío is an open-source Web3 wallet and transaction platform designed for Latin America.
It enables users to send, receive, and hold stablecoins (cUSD (Confío Dollar)) on the Algorand blockchain, with zero gas fees and no crypto complexity.

Built for real people — not just crypto experts.


🌎 Why Confío?

In countries like Venezuela, Argentina, and beyond, inflation erodes trust in local currencies.
Confío helps people access stable dollars, send remittances, and pay each other — simply and safely — using blockchain.

"Confío" means "I trust" in Spanish.
We open-source everything because trust must be earned, not assumed.


🚀 Key Features

  • Zero Complexity: Log in with Google/Apple. No seed phrases to lose.
  • Gasless: We sponsor transaction fees. Users just send money.
  • Stable: cUSD (Confío Dollar) 1:1 backed by USDC.
  • Accessible:
    • WhatsApp-like Experience: Send money to any phone contact directly.
    • Fiat On/Off Ramps: Buy/Sell USDC with local payment methods and can convert it to cUSD.
  • Business Ready: Dedicated business accounts with employee roles (Owner, Cashier, Manager) and payroll features.

🔒 Security Architecture

Confío utilizes a Cloud-Native Self-Custody model.

  • Non-Custodial: We never store your private keys. You own your funds.
  • Device-Generated: Your key is generated on your device and encrypted in your personal cloud (Google Drive / iCloud). Only you have access.
  • Multisig Protection: Critical smart contracts are governed by a 3-of-5 multisig setup for maximum safety.

📚 Deep Dive: Account & Authentication Details


🧱 Tech Stack Overview

  • Mobile App: React Native (iOS/Android)
  • Backend: Django + GraphQL (Python)
  • Blockchain: Algorand (PyTeal/TEAL Smart Contracts)
  • Infrastructure: AWS (Zurich, SW) & Cloudflare

📂 File Structure: View Project Structure


🛠️ Usage & Development

Environment Setup (CONFIO_ENV)

Confío loads settings based on the CONFIO_ENV flag.

Environment Use Case
mainnet Production (Default)
testnet Local Development & QA

Local Development Command:

# Always set this for local dev!
export CONFIO_ENV=testnet

# Run Backend
python manage.py runserver

# Run Mobile App
cd apps && CONFIO_ENV=testnet yarn ios

💬 Join the Community

Confío is more than a wallet — it's a mission to bring financial confidence to Latin America.


📜 License

MIT License — build freely, fork proudly, remix for your country.

🙏 Credits

Confío is led by Julian Moon, a Korean builder based in Latin America, inspired by the dream of trustworthy, borderless financial inclusion for everyone.

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