Decentralised application incentivising daily steps count
With the advancement of blockchain technology and its unique meanwhile promising characteristics in every aspect of a good software system, a plethora of business use-cases have shifted their designs towards a more decentralised manner and paved the way for inclusive decentralisation through innovat...
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Format: | Final Year Project |
Language: | English |
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Nanyang Technological University
2022
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Online Access: | https://hdl.handle.net/10356/156624 |
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Institution: | Nanyang Technological University |
Language: | English |
Summary: | With the advancement of blockchain technology and its unique meanwhile promising characteristics in every aspect of a good software system, a plethora of business use-cases have shifted their designs towards a more decentralised manner and paved the way for inclusive decentralisation through innovative incentives and smart contracts. However, the scalability of the blockchain system remains a prominent issue in the community. In other words, there is still very little coverage of blockchain on the diverse array of day-to-day applications due to the difficulty scaling the system. This acts as a concern to the blockchain technology as there are still an enormous number of individuals who do not even know what blockchain technology is able to bring for us.
On the other hand, despite the relentless campaigns held across the globe to raise the health awareness, there are still reluctant people choosing not to care about it. One of the reasons being no immediate rewards whatsoever in consuming more time to act in maintaining a healthy lifestyle.
Hence, the aim of this final year project is to leverage the ease of developing a decentralised application (DApp) that Ethereum community has to offer to develop a DApp that incentivises daily steps to individuals in the form of ERC20 compatible token which can then be used to purchase in-game Non- Fungible Tokens (NFTs). The DApp is meant to promote health awareness by having more daily steps and now individuals like you and me can be rewarded by your daily steps. |
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