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 MoreArbitrum
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 MorePolygon
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 MoreCelo
Chainlink Track
We used Chainlink CCIP to enable cross-chain credit score data availability across multiple chains. Making our product n...Read MoreChainlink
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 MoreAlliance
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
Discussion