Dingdong Loans
Grow Together, Lend Smarter
Created on 17th May 2025
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Dingdong Loans
Grow Together, Lend Smarter
The problem Dingdong Loans solves
Dingdong Loans empowers small businesses by offering crypto-backed loans and community-driven fundraising, enabling UMKM to access funds without traditional barriers. Users can borrow IDRX using crypto collateral or raise funds from supporters, providing flexible financing solutions for those without assets. Dingdong Loans uses AI-Powered tools to gives scoring system to fundraiser based on their wallet information to identify scams. This dApp solves capital access issues for Indonesian UMKM, fostering growth through transparent, decentralized lending and collective support.
Challenges we ran into
Integrating Xellar Wallet with dingdong.loans poses challenges due to compatibility issues and complex transaction signing processes, complicating seamless user authentication. Additionally, connecting the frontend and backend with the smart contract is hindered by inconsistent data synchronization and difficulties in managing real-time blockchain interactions. These issues disrupt the smooth operation of loan and fundraising functionalities for UMKM users.
Note from [Lexy Samuel]
Me as a beginner smart contract developer ran into issue where i have no understanding of Modular Architecture yet, which i found out the contract sizes was too big and had to modularized it. Looking at the deadline make me unable to refactor the code to be modular which forced me to somehow push the current contract sizes down. I learn a lot from this Hackathon, thanks.
Tracks Applied (1)