Inspiration
I want to build a marketplace for the users with e-wallets and protect their founds with blockchain, And the problem with cryptocurrencyes is variability even if it goes up, people's founds needs to be secure and solid, for that i want a cryptocurrency linked to real money value
What it does
When people deposit money, let's say dollars to his account an equivalent cryptodollars are created in the transaction, these are equivalent 1:1 to these dollars, he can transfer this money to other users or make other operations. If he wants to withaw real dollars from his account, the whole blockchain must be validated to make the conversion and the cryptodollars are eliminated, this way nobody can withdaw money without backup from the cryptodollars and nobody can hack and change the ammount of his e-wallet.
I want the cryptodollars to be based on ethereum, but without the ether value, this will be useful to make a direct cryptodollars to ether and to cryptoeuro for example, using it as a cheap transference channel
The importance of this service is to provide a secure and traceable ewallet system for Fintech aplications outside of traditional banking to operate at low cost and improve financial inclusion in the new emerging banking environment without the skepticism in regular cryptocurrencies
Challenges we ran into
Team, We need developers
Built With
- blockchain
- ethereum
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