Open lijiang2087 opened 3 years ago
gitcoinbot
commented
3 years ago Issue Status: 1. Open 2. Started 3. Submitted 4. Done
This issue now has a funding of 777475.6467 ONE (81025.4 USD @ $0.1/ONE) attached to it.
gitcoinbot
commented
3 years ago Issue Status: 1. Open 2. Started 3. Submitted 4. Done
Work has been started.
These users each claimed they can complete the work by 1 month, 1 week from now. Please review their action plans below:
1) rudreshveerkhare has started work.
Defi has grown tremendously over the last few years and still growing, to the point that it has become mainstream along with TradeFi. But still, there is a large gap between TradeFi and Defi as assets conversion between them is not so easy and also time-consuming.
With the 2 sec finality of harmony blockchain, we can bridge this gap between TradeFi & Defi by creating a seamless process of exchanging assets and effectively bring out the best of both worlds.
Few examples are, In the current scenario, cross-border payments involve a lot of centralized parties which take their commission and also it takes days to transfer a large amount of money but using Defi it can be done in just a few seconds. Also liquidating cryptocurrencies is kind of a tedious task to do but with the help of this fusion this can be done seamlessly.Learn more on the Gitcoin Issue Details page.
gitcoinbot
commented
3 years ago Issue Status: 1. Open 2. Started 3. Submitted 4. Done
Work for 777475.6467 ONE (117912.73 USD @ $0.15/ONE) has been submitted by:
@lijiang2087 please take a look at the submitted work:
Cross-Border with Fintech Integrations
Track 9 - Gateways. Fiat & credit cards, centralized exchanges
Lastly, the third hackathon theme is Cross-Border with fintech and social integrations. The 4 tracks — Gateways, Corporate, Regional, Impacts — emphasize the real-world value for business and communities across countries. Toward unbundling of banks, our developers can replicate many centralized services like fiat exchanges, over-the-counters, credit cards, or even corporate finance. Many global business and most decentralized teams are already facing the pain of scaling beyond tens of teammates and countries — dealing with employee payrolls, retirement benefits, medical insurance, and expense compensations. Fortunately, cryptography primitives like auditable privacy will make accounting and tax compliant for business on public blockchains.
Now is also the prime time to innovate on consumer marketplaces and social incentives on blockchain. Radical markets mean self-assessed taxation and quadratic stakes; mechanism designs focus on revealing true preferences and multi-round auctions. Both on blockchain can make retail loyalty programs or commerce logistics far more efficient — or even bring social changes in the form of basic income and retrospective funding for public goods. (more)
### Submission Requirements
### Judging Criteria
A panel of distinguished judges will evaluate your submission. Here's the criteria by which your work will be judged:
### Schedule
In addition to the hackathon, we will have a series of workshops, fireside chats, panel interviews, office hours, and check-ins. The schedule is TBD but will be announced as soon as possible. In the meantime, here are the key dates:
### Important Links
### Contact Us / Get Developer Help