Inspiration
Increasing Transparency in Finance using Blockchain and AI
What it does
Allows title assets to be digitized and shared on blockchain. This allows for easy tracking of loan payment and release of the title once loan payment is completed. We also incorporate social media posts to understand the problems faced by the customer and provide the solution in realtime. We also remodeled the reward system to understand customer spending patterns and provide rewards more accustomed to the customer. We also provide the customer with optimal spending advice based on their spending pattern.
How We built it
Sugar, Spice, and Everything ... Just Kidding. We used blockchain to make a permanent ledger on which all transactions are posted. The frontend was made in Javascript and backend was made in Python. Pushing data to the blockchain was done in node.js.
Challenges We ran into
Time Constraints as well as keeping a simple design.
Accomplishments that we are proud of
Made a working POC which shows the
What we learned
Social Media is a neglected
What's next for Transparency in Finance using Blockchain
Our plan is to incorporate real-world data and make AI tools that give suggestions more compatible with real world.
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