On February 7, 2018, NeoAuth released their January update. NeoAuth is an application that uses secure public cryptography as a login mechanism – as opposed to the traditional email/password based authentication – so that a web or mobile application can be logged into via NEO public wallet.
NeoAuth was developed by Charlie Revett and entered in the first City of Zion (CoZ) dApps competition held in September 2017, ranking fourth place.
Although the project is just four months old, it already has a working product. At NEO DevCon, Charlie announced that O3 is going to use NeoAuth for their web wallet to allow login confirmations within their mobile applications. NeoAuth has also worked with the O3 team to outline the NEO QR schema, which will update and rename the Uniform Resource Identifier (URI) Scheme to the NEO-based NEP-9 for native asset transfers. NeoAuth also seeks to coordinate with other CoZ projects.
In his interview with Chico Crypto at NEO DevCon, Charlie referenced the potential for a token sale near the end of 2018 so that individuals who run NeoAuth Nodes might be incentivized. However the NeoAuth team is waiting until their product is more refined, and other projects (for example, NEX) launch to operate smoother token sales. Charlie and his team also want to look further into off-chain solutions to reduce login times, which are currently 15 seconds.
Lastly, Red4Sec has agreed to run a security audit on the NeoAuth codebase. Red4Sec recently ran security audits on the NEO ecosystem, which included NEO, NEO Client, NEO UI, NEO VM, and other projects outside of the initial scope. These security audits can prevent many issues and attacks that have occurred with other blockchain projects and exchanges in the past. You can visit the Red4Sec website and Twitter for more information on the company.