BroDit

Screenshots

Problem Statement

Brodit emerges as a transformative solution to a pervasive challenge in financial transactions—building trust and ensuring security between clients and auditors. In the intricate landscape of financial dealings, the potential for fraud and malicious activities poses a constant threat, necessitating a sophisticated approach to mitigate risks and establish a foundation of trust.At the heart of Brodit's innovation lies the utilization of Verifiable Delay Functions, a technological cornerstone that revolutionizes the dynamics of fund transfers. The platform ingeniously employs this cryptographic mechanism to introduce a time-locked safeguard. This pivotal feature ensures that funds are held securely during the execution of contracts, thereby acting as a formidable deterrent against fraudulent activities.By taking a proactive stance in securing funds, Brodit instills confidence in both clients and auditors, offering a dynamic solution that transcends conventional financial platforms. The Verifiable Delay Function serves as a sentinel, delaying fund transfers until a specified time has elapsed, creating a robust defense against potential deceit and malfeasance.For clients, this translates to a heightened level of assurance that their investments are protected throughout the transaction process. On the other side, auditors benefit from a tangible guarantee that payments will materialize, bolstering their confidence in participating in financial engagements through the platform.Brodit's comprehensive approach aligns with the ethos of transparency and integrity, establishing a secure environment where financial dealings are conducted with the utmost trust. In an era where digital trust is paramount, Brodit stands as a beacon, providing a transformative solution that safeguards the interests of both parties involved in financial transactions. The platform's commitment to security through Verifiable Delay Functions redefines the landscape of financial interactions, ensLinkshttps://github.com/hemang-h/BroDit

Solution

This was my first ever web3 project, infact web2 project so was very hard to understandI wanted to Integrate more technologies, but due to less time constraint I wasn't able to doThere is lack of documentation in web3 world, as everything is under developmentReally Difficult to connect wallet and link it to smart contract