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Debt Syndication

Simplifying Huge Loan process and risk reduction - Hackference Hackathon 2018

Introduction

Debt Remittance is currently a cumbersome process that requires days to validate and verify transactions amongst the involved parties. Our platform solves issues in the present day debt syndication process by using a hybrid blockchain network. It has following advantages: Faster Liquidity , Secure Anonymity, Improved efficiency and trust. Smart contract driven approach .It comprises of a public investment/ loan request portal where the users can lend or borrow variable amount based upon availability and requirements.

Architecture Diagram

Features:

  • Transparency
  • Faster Liquidity
  • Process huge loans
  • Reduced risks and damages to banks by defaulter
  • Transaction Efficiency
  • Real-time Transactions and ledger

Web Portal

Video Demo:

Watch the video

Tech-Stack and Tools:

  • Solidity
  • Ethereum Blockchain
  • Web3
  • Truffle
  • HTML, CSS, Javascript, jQuery

Credits :

Team Semicolon :

About

Blockchain Based Debt Syndication project developed as a part of Hackference Hackathon 2018 held at Whitefield, Bangaluru in Dec 2018. Our Team Semicolon won this hackathon for developing this project

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