Inspiration
Drawing from financial inclusion goals, we sought to empower the underprivileged through innovative DeFi solutions.
What it does
Our project on the XRPL sidechain automates microloans, integrating AI for risk assessment and ensuring seamless fund transfers.
How we will build it
We'll develop the platform using smart contracts, AI models, and integrate it with Binance, Paypal, and Stripe APIs for a comprehensive solution.
Challenges we expect to run into
Navigating complexities in smart contract development, integrating diverse APIs, and optimizing the Logistic Regression model may pose significant challenges.
Accomplishments that we're proud of
Successfully ideating the project thoroughly and having a great idea on how we'll be implementing something none of us have worked on before - automated microloans, incorporating AI-driven risk assessment, and establishing robust connections with external financial platforms.
What we learned so far
The project taught us valuable lessons in smart contract development, AI integration, and the intricate workings of DeFi ecosystems.
What's next
Prototyping and building a minimal viable product
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