The Brief
Our client from the USA contacted S-PRO aiming to create a new platform and to integrate it with Maker DAO 3d-party-service, a well-known stable platform. The idea was in creating agreements between two parties based on the specific conditions and fixed interest rates. The main problem became the lack of documentation from the client`s side which took our team some time to investigate the system`s work and understand how everything is interconnected. 3d-party service was not completed by the time we started working on the project but together we managed to solve this and other technical challenges and delivered PoC and MVP of Web-application based on Blockchain
As a result, the delivered platform can:
provide the ability to easily lend and borrow money on specified conditions
Create the forward rate agreement (FRA) based on the smart contract
Allow users to match based on specific conditions acceptable for both parties
Key features
a fully decentralized trading platform
lender`s and borrower`s match
the ability to lend or borrow coins via smart contract creation
fixed interest rate guaranteed by the system
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