The problem CrossCurrencies solves

Inflation is the rate at which the general level of prices for goods and services is increasing, resulting in a decrease in the purchasing power of currency over time. Cross currencies is a platform we created in which a user can use his national currency to buy a stablecoin or an index fund of stablecoins and convert it into any existing currency at the time of need. This helps him to save his money during inflation. The user can also use the crypto for transactions with vendors that support crypto payments.

Challenges we ran into

• Difficulty in researching and validating the complex idea within the limited timeframe.
• Integrating multiple smart contracts and interactions between them.