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Our dApp combines Verifiable Credentials (VC), account abstraction, and Filecoin for secure identity management, cross-chain transactions, and decentralized data storage, creating a trusted VC-gated lending and borrowing platform.

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Abstrakt🆔 Playground: Get Your Auto Loan Approved 💰

  • Project Video Demo Link: Loom

Results

Screenshot 2023-10-22 at 11 13 53 PM Screenshot 2023-10-22 at 11 14 06 PM

Screenshot 2023-10-22 at 11 12 50 PM

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Screenshot 2023-10-22 at 11 12 29 PM

Abstrakt🆔 Overview

🚀🔐 AbstraktID is a decentralized web application designed to streamline the auto loan approval process. Leveraging the power of Polygon ID and secure contract deployment on the Sepolia Scroll, Polygon Network, this project provides a reliable and efficient solution for identity verification and loan approval in the world of blockchain finance.

Features

  • Polygon ID Integration: Utilizes Polygon ID as a unique identifier on the Polygon network to verify user eligibility securely 💼📜

  • Secure Contract Deployment: Deploys smart contracts on the Sepolia Scroll, Polygon Network, ensuring robust security and reliability.

  • Safe Wallet Auth Kit: Integrates the Safe Wallet Auth Kit for account abstraction, enhancing user privacy and cross-chain functionality 🛅.

  • Lend Request Approval: Allows borrowers to apply for lend requests by providing necessary information and identity verification through Polygon ID ✅.

  • NFT Collateralization: Users can collateralize NFTs linked to official auto assets, adding an additional layer of trust and value to the lending process. 🚗💎

  • Filecoin Integration: Utilizes Filecoin for web3 storage of NFT metadata, ensuring secure and decentralized storage for valuable NFT information. 📦🌐🔒

This innovative combination of technologies ensures a seamless and secure lending and borrowing experience, with NFT collateralization adding a unique dimension to auto financing.

Contracts on Polygon Mumbai Network

Contracts on Scroll Test Network

About

Our dApp combines Verifiable Credentials (VC), account abstraction, and Filecoin for secure identity management, cross-chain transactions, and decentralized data storage, creating a trusted VC-gated lending and borrowing platform.

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