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Smartran

Smartran functions as an decentralized cheque but in form of NFT that live streams money into wallets.

Smartran

Created At

Hack FEVM

Project Description

šŸ”— Defi : Our project aims to make transactions (mainly payment of salaries and deals) completely decentralized and transparent along with solving a problem that is suffered by most of the employees/partners or everyone receiving payment for their work as a job.

āš“ļø The problem we Solve: In the current and recurring payoff system we are paid once in month and then have to wait for another month to get paid . This arises many day to day problem in ones life which can create problems at the time of any serious issues. Also, there are many delays in the pay in any organization that occurs due to various reasons, people get very uncertain about their pay as organizations starts cutting off their pay at the time of financial loss. Which harms public in many ways. We're also acting as decentralised bank cheques and but without any controlling organizations.

šŸ›  Solution : Our Application provides live time streaming of money that flows into the account of clients continuously with every second of time which can be easily withdrawn or transferred to any other wallet at any point of time. Providing transparency and security of payments. You can simply mint your Money streaming NFTs that will start streaming money as soon as they are minted to any wallet . We Provide Our NFT Market place of Money streaming NFTs and if you want to make your own customized money streaming NFT then that is also possible you can simply enter the worth (that you are willing to give to anyone) and enter details for that NFT upload your files and mint it to any address of your choice.

šŸŽÆ Goal : Our ultimate goal is to make transactions and payouts much more convenient, transparent and Totally Decentralized. Solving issues faced by almost everyone in today's world. We Aim at resolving financial issues faced by common people. We also aim at ending the centralized Bank cheque system and replacing it with decentralized NFT "cheques" that'll start streaming money Once issued.

How it's Made

This project is made using javascript, Node js, next js, and tailwind CSS for the front end and back end. We have used Filecoin virtual machine to access the data of the NFTs and show them on our front end and to tie our application-into Filecoin's decentralized storage network in order to store all the NFTs. We'll be storing all NFTs that are either made by users through customization or available on our market place.

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