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ChainCred
We are a credit bureau that performs on-chain and multi-chain credit analysis, using collateralized assets to facilitate access to credit for users in credit operators.
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Description
The CredChain solves the problem
High delinquency rate in Brazil; High interest rates; Difficulty to verify in a single place different types of credits; Lack of banking history of Entrepreneurs and micro and small businesses; and;
Challenges we ran into
In this project, we faced some challenges in integrating the smart contracts in the front-end and the back-end, which were the parts responsible for the user interaction with our credit system. Our project has many features. Therefore, we had to select which would be the priority for this project's first version, which had a limited deadline. To overcome these challenges, we learned help and connected with mentors who had experience in the area of blockchain and finance. We redesigned the process that we would do within Hyperledger Besu, using smart contracts to automate credit operations and ensure the security and transparency of the transactions.
Live Link: https://cred-chain.vercel.app/
Github Link: https://github.com/ShivamAgarwal-code/CredChain.git