ArCred

ArCred

An Advanced on-chain CREDIT SCORE system for the multi-chain ecosystem

ArCred

ArCred

An Advanced on-chain CREDIT SCORE system for the multi-chain ecosystem

The problem ArCred solves

With the boom of Defi, The ecosystem lacks a proper on-chain creditworthiness system, So we took upon us the challenge to build a unparalleled cross-chain enabled credit bureau with the efficieny of WASM contracts enabling complex computation required to obtain the credit score.

Challenges we ran into

  • Building smart contract using Arbitrum's stylus rust-sdk. The compiler was not recognising the solidity structs and there was hardly any resources relevant to our issue. We ended up breaking the struct into individual mapping to get the code working.

  • The early stage of the type-safe development ecosystem poses a challenge in seamlessly integrating smart contracts with frontend applications such as React.

  • Testing CCIP took long time

  • Lot of restrictions on Faucet usage. Hampering the development experience

Tracks Applied (7)

Arbitrum Track

Credit score calculation requires complex computation and the Arbitrum's stylus provides the on-chain efficiency and the...Read More

Arbitrum

Polygon Track

We used polygon as the hub-chain for our cross-chain system given it's wide connectivity with numerous chains and the ch...Read More

Polygon

Celo Track

Celo is the mobile first blockchain network and makes this a win-win situation for both the network and our user base gr...Read More

Celo

Chainlink Track

We used Chainlink CCIP to enable cross-chain credit score data availability across multiple chains. Making our product n...Read More

Chainlink

Alliance Track

We feel that the credit score system would be a crucial piece in the Defi/Lending puzzle and The Alliance Accelerator pr...Read More

Alliance

Mantle Network Track

We liked the high performance throughput of the Mantle network and the support of EVM machine within it.

Mantle Network

Scroll Track

We can use scroll to compute the extremely computationally expensive credit score algorithms off-chain.

Scroll

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