A blockchain based database built for the AI agent world, with Project Dark Horse loyalty points as its native currency, while keeping the RBI and Indian govt norms for virtual digital assets in mind. While I would like to keep this database country-agnostic, Indian regulation is the first one I am wanting to work with.
North Star: This gets adapted by one of the top 3 private sector banks in India, fingers crossed :)
My experience working with the banking ecosystem of India is that people there either don't understand virtual digital assets very well, or even if they do, they see it as a speculative asset class, not something that has true economic value. FairyTaleDB aims to challenge both those assumptions, by offering all parties in the nation state banking world, starting from India, be it banks or central banks, to see the value of having a public owned blockchain, which is built with constitutional regulations built into it.
I aim for this to be a publicly hosted blockchain, with nodes doing "useful work" with whatever they are good at: storage, GPU compute or CPU compute, to start with. The wallet creation will be a frictionless process, but when one wants to withdraw money from that as a fiat currency, we follow the taxation norms of the specific country. We will stay cooperative with the respective govt after a wallet bearer willingly identifies their tax-residency, but not before that; which I believe is in the true spirit of any blockchain-based ledger.
I have lost my Faith in the world where developers look at logs, then look at databases, both of which have structured data that only a select few in the company understand, and bang their head on it. What if a bug happened in production, and a product manager could say something like "Why did user X not get his refund yet? It was due on 27th Oct." and AI agents could select the correct blocks in this database and show them as is. The history of the system showing events as they happened, with timestamps will look like a fairy tale, isn't it :)