This repository contains the code for SmartFinance - AEternity Hackathon Dapp for Group 1 - (Favour Chukwuedo, AbdulMalik Salau & Oni Faith), coded using Truffle and Solidity. The backend blockchain is a private Ethereum network setup using Geth(go-ethereum) and the interactions are made possible by Web3 javascript library.
MSMEs in Sub-saharan Africa (particularly Nigeria) are heavily dependent on soft loans from the BOI, Commercial Banks or other Soft loans organizations. Due to high nterest rates & heavy debt , MSMEs can't maintain a steady business processes.
SmartFinance, is a blockchain based transparent market place where the MSMEs and consumers could implement a co-operative business method. Here, the MSMEs can list the potential products and the expected profits on his business on the distributed public ledger.
Smart contracts can provide a better agreement between the MSMEs and consumers in case of discrepancies.
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