Provide the freedom of cryptocurrency with the stability of the fiat currencies to facilitate cross-border paiment.
What it does
The goal of this project is in two parts. First to create smartcoins (or Market Pegged Assets) that will constantly have the same values than the currencies they are tracking and have the central banks publish the values of their currency. Second part is the automatic conversion of the currency while paying, this allow the user to pay as easily in a specific currency as in its own. When paying MAD with TND, a buy transaction will be done to get TND using MAD then a transfer of the acquired MAD.
How we built it
On top of the Bitshares financial platform and by leveraging on python
Challenges we ran into
- Bitshares api not well documented
Accomplishments that we're proud of
- Ca marche!!!
- Deals and transfers cross fiat currencies and cross-border in less than 5 sec!
- We add as many currencies as we want
- Branding of the bitshares wallet with the graphical chart of Bank of Tunisia
What we learned
- Bitshares is a gold mine!