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ChainCred

ChainCred is a decentralized peer-to-peer (P2P) lending platform built on blockchain technology. It allows users to lend and borrow directly, without the need for traditional intermediaries, ensuring transparency, security, and efficiency through smart contracts.

Features

  • Decentralized Lending: Directly connect lenders and borrowers using smart contracts, eliminating the need for intermediaries like banks or financial institutions.
  • Blockchain-Powered Security: All transactions are secured on the blockchain, providing transparency, immutability, and trust in every loan agreement.
  • Smart Contract Automation: Loan agreements, disbursements, and repayments are automatically enforced through smart contracts, reducing manual processes and human error.
  • Lower Fees: Without intermediaries, transaction fees are significantly lower, benefiting both lenders and borrowers.
  • Global Access: Accessible to anyone with an internet connection, breaking down geographical barriers in lending.

Installation

To get started with ChainCred, clone the repository:

git clone https://collegecanvas.github.io/ChainCred/ cd chaincred

Dependencies

Make sure you have the following installed:

  • Node.js (for backend development)
  • npm/yarn (for package management)
  • Web3.js or Ethers.js (for blockchain interactions)
  • Smart Contract Platform (such as Ethereum)

Install the required packages

npm install

Project Structure

chaincred/
│
├── index.html           # The main HTML structure of the platform
├── style.css            # Styling for the frontend
├── bundle.js            # Main JavaScript logic for the lending and borrowing functions
├── smart_contracts/     # Smart contracts used for managing loans
├── src/                 # Source code for frontend components
├── README.md            # This README file
└── package.json         # Project dependencies and scripts