UrbanGreens

UrbanGreens

Cultivating Opportunities, Connecting Communities.

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Built at ETHMumbai

The problem UrbanGreens solves

Our solution, UrbanGreens, leverages blockchain technology to revolutionize urban agriculture and tackle unemployment in cities. By providing a decentralized marketplace for leasing underutilized urban spaces, we empower individuals and organizations to engage in innovative farming practices such as hydroponics and aeroponics.

Secured Transactions and Lease Agreements: Implementing smart contracts ensures secure and transparent transactions between landlords and tenants, fostering trust and efficiency in the leasing process.

Fractional Ownership of Land: UrbanGreens facilitates fractional ownership, allowing multiple buyers to pool resources and collectively lease larger plots of land for agricultural purposes, thereby democratizing access to urban farming opportunities.

Zero-Knowledge Authentication: Prioritizing user privacy and security, UrbanGreens integrates zero-knowledge authentication, enabling users to authenticate themselves without divulging sensitive personal information.

Decentralized Chatroom for Stakeholder Connectivity: Our platform features a decentralized chatroom, providing a space for landlords, tenants, and other stakeholders to connect, collaborate, and exchange ideas, fostering a vibrant urban agriculture community.

Tokenizing Real World Assets (RWA): Leveraging blockchain technology, UrbanGreens tokenizes real-world assets, allowing for the efficient and transparent transfer of ownership rights, further enhancing liquidity and accessibility in the marketplace.

Fast Fetching and Querying Data from Blockchain: By leveraging decentralized protocols like "The Graph," UrbanGreens ensures fast and efficient retrieval of blockchain data, enabling real-time analytics and insights for informed decision-making.

Challenges we ran into

  1. Regulatory Compliance: Adhering to regulatory requirements and navigating legal complexities related to real estate transactions and tokenization of assets. Ensuring compliance with relevant laws and regulations while operating a decentralized marketplace required legal expertise and posed a problem.

  2. Integration with Existing Systems: Integrating Anon Aadhar with the existing authentication system of UrbanGreens required careful coordination and testing to ensure seamless functionality.

  3. Scaling for Multiple Users: As our platform gained traction, scaling to accommodate multiple users in the chatroom became a challenge.

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