Cross-chain decentralized exchange for crypto payments
Blockchain technology is one of the most promising technology trends and one of its prominent use cases is in Decentralised Finance (DeFi). DeFi has already begun to disrupt the norm in many applications. This includes online marketplaces, payments, insurance as well as decentralized exchanges. Th...
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| Format: | Final Year Project |
| Language: | English |
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Nanyang Technological University
2023
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| Online Access: | https://hdl.handle.net/10356/166975 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Blockchain technology is one of the most promising technology trends and one of its prominent use cases is in Decentralised Finance (DeFi). DeFi has already begun to disrupt the norm in many applications. This includes online marketplaces, payments, insurance as well as decentralized exchanges.
The aim of this project is to gain experience in blockchain development in the DeFi sector. This project focuses on the payment category of DeFi with the aim of developing a solution that could encourage the mainstream adoption of crypto payments for day-to-day usage. This will be done by developing a decentralized application that features a cross-chain payment system, with a decentralized exchange that serves as the backbone.
The end goal of this application is for store merchants to accept crypto payments by using this application with customers. It further encourages crypto payments by supporting cross-chain payments.
This report thus presents an overview on the literature review done for this application, what are the design requirements and considerations as well as the methodology for developing this application. |
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