TransactGlobal
Decentralized human verified cross-border payment remittance platform where users are verified using worldID and transactions are prioritized. This ensures that all payments are initiated by real individuals, reducing fraud and enhancing trust in the system.
Screenshots
Problem Statement
Transact Global is a cross-border payment & remittance DApp(gamified) on blockchain. It empowers those without bank accounts to send and receive money internationally, with faster and cheaper transactions. In short : 1.Users will get verified by WorldID . 2.Verified users are issued a TransactGlobal digital card loaded with features like gas subsidies, low cost & on time transactions. 3.Users who made transactions will be issued a Badge(token) which can be-staked as collateral for getting loans (staking) or #they can deposit it in pool(yield farming).As we know, the remittance industry is prone to fraud, with scammers so the users will get verified by WorldID, this may help in reducing fraud ,identity theft, and Sybil attacks ,and maybe this can also function as KYC without storing sensitive data. Also it can act as a anti-money laundering measure.
Solution
Made by a rich tech-stack-Framework-Next ,Express, Hardhat Languages- Typescript, Solidity, RUST (reth-backend), CSS Tools & Platforms- Ethereum, Op-stack, Metamask, Etherjs (JS library), ChainlinkPowered by- Worldcoin - (worldid) Optimisim -(op-stack testnet) Chainlink -(realtime gas prices) Mode.