The problem BeatInflation solves

The Problem it Solves:
In high-inflation environments, traditional security deposits lose value over time, leaving tenants at a disadvantage. Our solution preserves the deposit's value by converting it into stablecoins stored in a secure smart contract.

How It Helps:

• Protects Against Inflation: Tenants’ deposits retain value regardless of local currency fluctuations.
• Offers Growth Potential: Tenants can opt to invest deposits in lending protocols or other financial instruments, turning a stagnant sum into a growth opportunity.
• Streamlined Process: The platform automates deposit management and refunds, ensuring transparency, safety, and ease of use.

Challenges we ran into

1. Customizing The Graph Subgraph: Designing a subgraph to track specific data (e.g., deposit amounts, tenure duration, transactions) and ensuring efficient query optimization to reduce data retrieval time.

2. Smart Contract Security and Logic: Developing secure contract logic for managing deposits, handling tenure completion, and ensuring reliable, automated refunds while preventing vulnerabilities like reentrancy attacks.

3. Frontend and Blockchain Integration: Balancing a smooth, real-time user experience with React, while integrating smart contract interactions and efficiently displaying blockchain data from the customized subgraph.

Additional Features

Investment Options for Tenants
Multi-Currency Support
Automated Notifications