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Blockchain Based Cross Border Payment System

Facilitating seamless cross-border transactions using blockchain technology.

Created on 29th June 2024

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Blockchain Based Cross Border Payment System

Facilitating seamless cross-border transactions using blockchain technology.

The problem Blockchain Based Cross Border Payment System solves

The project addresses the complexities and inefficiencies in traditional cross-border payment systems, providing a transparent and secure way to track and process transactions between banks using blockchain.

Challenges I ran into

  1. Setting up the Hyperledger network and smart contracts.
  2. Ensuring seamless integration between different components.
  3. Managing the complexities of deploying a decentralized network.

Tracks Applied (2)

Paymaster and Bundler

1. Paymaster: Acting as a mediator for payment authorization and validation, managing transaction fees, and ensuring tha...Read More

Payments Track

1. Enhancing Transparency: Utilizing blockchain to provide a transparent ledger for cross-border transactions, ensuring ...Read More

PAYMENTS with Stripe

Technologies used

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Discussion

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