deTrust

deTrust

One-stop decentralised platform for providing facilities to all banking branches including savings account, crypto trading and raising crowdfunds

Created on 19th February 2023

deTrust

deTrust

One-stop decentralised platform for providing facilities to all banking branches including savings account, crypto trading and raising crowdfunds

The problem deTrust solves

Current banking dApps are focused on solving one problem at a time. Our dApp handles all of them at the same time, rendering personlaised dashboard for every user. It links all the bank accounts to one account ID which is generated by deploying the smart contract, and the hash is used as the account number. A completely responsive dashboard takes user action into account and performs necesssary transactions and updates the dashboard. We also have provided facilities for viewing user-profile. This also link the user email, wherein the account ID is sent to the user email.

Challenges we ran into

Getting the current balance as when the transactions are carried out led to race conditions and rendering unable to update the balance on the dashboard.

Another challenge being timeout error due to time intensive transactions we carried out on Polygon testnet,

Tracks Applied (2)

Polygon: DeFi Integrated Metaverse & Gaming

Defi application based banking dApp

Polygon Technology

Polygon: Open Track

Smart contract deployed on Polygon blockchain.

Polygon Technology

Discussion

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