Track 9: Cross-Border - "Gateways"

[lijiang2087]

Cross-Border with Fintech Integrations

Track 9 - Gateways. Fiat & credit cards, centralized exchanges

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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)

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### Submission Requirements

• All submissions must be open source with a github repo.
• To qualify all projects must utilize the Harmony as part of their application stack
• The application must be USEFUL or INTERESTING or NOVEL. Extra points if app is deployed on Harmony Mainnet.
• If there is wide appeal for the application, it will score better.
• A demo video must be submitted for a complete submission
• All submissions are through Gitcoin and teams must be formed via Gitcoin with all team members registered.

### Judging Criteria

A panel of distinguished judges will evaluate your submission. Here's the criteria by which your work will be judged:

• Teams are limited to 4 members at most. We encourage team members to be from a variety of backgrounds. We prefer that web2 devs just dipping their toe in web3 have more seasoned developers on their team and to learn from each other.
• Alignment to the challenges theme of TradFi to DeFi
• Is the application useful? Is it interesting?
• Originality and innovation: Because Harmony is EVM-compatible, porting anything from Ethereum is super easy. If you're going to fork something, that's ok. But add your own flare to it and make it worth using and be explicit how this fork is . If it's just a plain-vanilla fork with nothing new, you'll win nada. zip.
• Technicality of implementation: how difficult was it to create your application? If it was easy, that will reduce the likelihood of winning anything.
• Design and usability: Have some pride in what you create; add some craftmanship to it.

### 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:

• July 15, Open Registration
• August 16, Hackathon begins, Opening Ceremonies
• August 17, Team Formation (details TBD)
• August 20, Submit Team names and team members
• September 15, Mid-point Demo Day (optional, depending on interest)
• September 30, Submission Deadline, Hackathon ends, Closing Ceremonies
• September 30-October 5, Judging
• October 6, Winners Announced
• October 11, Payouts Completed

### Important Links

• Developer Docs: https://dev.harmony.one/
• Getting Started: https://docs.harmony.one/home/developers/getting-started
• APIs: https://docs.harmony.one/home/developers/api
• Dapp Templates and Tutorials: https://docs.harmony.one/home/developers/showcases/dapp-samples-on-harmony
• Codebase: https://github.com/harmony-one
• Horizon trusted bridge smart contracts: https://github.com/harmony-one/ethhmy-bridge

### Contact Us / Get Developer Help

• Developer Forum: https://talk.harmony.one/
• Discord: https://harmony.one/discord
• Weekly Developer Calls: Every Thursday, 9AM PST, https://harmony.one/zoom

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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This issue now has a funding of 777475.6467 ONE (81025.4 USD @ $0.1/ONE) attached to it.

• If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
  • Want to chip in? Add your own contribution here.
  • Questions? Checkout Gitcoin Help or the Gitcoin's Discord
  • $3,011,030.16 more funded OSS Work available on the Gitcoin Issue Explorer

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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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]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 777475.6467 ONE (117912.73 USD @ $0.15/ONE) has been submitted by:

1. @thevanquiser

@lijiang2087 please take a look at the submitted work:

• PR by @thevanquiser

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• Learn more on the Gitcoin Issue Details page
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin's Discord
• $4,555,634.96 more funded OSS Work available on the Gitcoin Issue Explorer