katiejohnson / Labs_Relay

The is the repository for Consensys Labs Relay challenges
MIT License
4 stars 7 forks source link

Ristretto #7

Closed crisgarner closed 5 years ago

crisgarner commented 5 years ago

What does the project do? Ristretto is a Peer to Peer lending platform where the debt is backed by friends, family or people that trust in the borrower. The end goal is to use xDAI chain to provide fast transactions, xDAI stability allows lendings to be eficients and remove the risk. Currently is uploaded in Sokol POA Testnet and Rinkeby Ethereum Testnet.

This platform can have a high impact on coffee farmers, as most of them have no access to any kind of credit. Typically they are forced to sell their crops at really low prices in order to finance the next crop and keep business flowing. A low-interest, DeFi loan can change their whole operation.

Why the project is useful? It gives the users a decentralized loan solution, incentivizing endorsers while aiming to build a borderless network that can help people who need it the most.

How users can get started with the project? You can watch the introductory video about the project onboarding on the submission

Where users can get help with your project? The most effective channel to get any help about the project an email to any of the team members: Robert@affogato.co Cristian@affogato.co Oscar@affogato.co Jorge@affogato.co

Also the Github Project page is active and we keep an eye on it, so it you can contact us through it.

Who maintains and contributes to the project? Cristian Garner Jorge Destephen Robert Lee Mudgett Oscar Presidente