Themis was built to allow for inclusive and equitable, censorship-resistant product pricing and payments.
What it does
A popular macroeconomic analysis metric to compare economic productivity and standards of living between countries is purchasing power parity (PPP). PPP is an economic theory that compares different countries' currencies through a "basket of goods" approach.
According to this concept, two currencies are in equilibrium—known as the currencies being at par—when a basket of goods is priced the same in both countries, taking into account the exchange rates.
Themis brings this concept of PPP to blockchain based products and payments. This allows people to transact equitably. Price products inclusive of international economies and reach international markets via the censhorship resistant backbone of the ethereum blockchain.
How I built it
Built using Ethereum, Matic, Portis, Azure and Web3js.
Challenges I ran into
Building a blockchain oracle.
What's next for Themis
Implementing Purchasing Power Parity support into multiple applications