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Blockchain Development for Finance Projects
book

Blockchain Development for Finance Projects

by Ishan Roy
January 2020
Intermediate to advanced
530 pages
11h 11m
English
Packt Publishing
Content preview from Blockchain Development for Finance Projects

Designing a workflow for blockchain cross-border remittance

For this project, you will attempt to build a prototype that seeks to eliminate inefficiencies in cross-border remittance. For the current project, we will be using the Stellar protocol, which comes with inbuilt modules that can be leveraged for KYC/AML workflows. For our project, we'll be building a remittance network with two banks, Bank A and Bank B. Each bank will have an in-house IT infrastructure with the following components:

  • A user/customer database.
  • A transactions database, which keeps a log of all incoming/received transactions and related metadata.
  • A sanctions database, which holds sanction approvals for financial institutions and remitters.
  • A compliance module, which ...
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Publisher Resources

ISBN: 9781838829094