The problem PoET Based Permissioned Chain for Banks solves

Solves the current problem banks depending upon third party for payment solutions , our Project aims at security and ease of payment for customers. we implement various methods for payment. We as a humans are Forgetful so this is a perfect go for every individual and also the bank .

• No Need to Depend on Third Party to Execute Payments
• Settlements are Easy and More Reliable
• Fast and Secure Transactions
• Distributed Ledger and no trust is needed

Why for Customer
-Humans are forgetful

• Humans want it Easy
• We are not aware about security
• We are Lazy
• We Like Less Charges

Challenges we ran into

Permissioned Blockchains are Complex , debugging is a tedious process especially when you have a time llimit