The problem Aatmanirbhar Bank solves

Aatmanirbhar bank eliminates the need for a centralized finance model by enabling anyone to use financial services anywhere regardless of who or where they are.
Traditional banks are centralized financial institutions that rely on intermediaries to process and verify transactions. They are subject to government regulations and may charge high fees. Decentralized banks, on the other hand, operate on a peer-to-peer network without intermediaries. They use blockchain technology to ensure security and transparency and may offer lower fees and greater financial freedom. Decentralized banks promote financial independence and challenge the dominance of traditional financial systems. Decentralized banks prioritize user privacy and security by utilizing encryption and digital signatures. They also offer fast transaction processing times and 24/7 accessibility, making them appealing to users seeking financial autonomy. Traditional banks may offer greater financial stability but may limit user control and flexibility.

Challenges we ran into

• We decided to implement the loan feature in our bank that provides users to take loans but we were not able to come up with the logic and were not able to write the solidity code.
• We deployed our project on goerli testnet but we were not able to host the website(on vercel)