Peer2Peer Lending on Blockchain and Smart Contracts

Overview

This project is a Peer2Peer Lending platform built on a blockchain network using smart contracts. The goal is to create a decentralized lending system where users can lend and borrow funds directly from each other, leveraging blockchain technology for security and transparency.

Features

  • Decentralized Lending: Facilitate direct lending and borrowing between users.
  • Smart Contracts: Manage lending terms, repayments, and enforcement through blockchain-based contracts.
  • User Authentication: Secure sign-in and verification using blockchain identities.
  • Loan Terms Management: Flexible loan terms including interest rates, durations, and collateral.
  • Payment Tracking: Real-time tracking of loan repayments and outstanding balances.
  • Reputation System: User ratings and feedback to build trust within the platform.

Technologies Used

  • Blockchain Platform: [Ethereum/BSC/Other]
  • Smart Contracts: [Solidity] (Planned for future implementation)
  • Backend: [Go]
  • Frontend: [HTML/CSS] (JavaScript planned for future enhancement)
  • Database: [PostgreSQL/MongoDB/Other]
  • Wallet Integration: [MetaMask/Other]

Roadmap

Phase 1: Backend Development (Current)

  1. Set Up Go Backend

    • Develop RESTful APIs to handle user interactions and blockchain communication.
    • Implement logic for managing loan requests, repayments, and user data.
  2. Blockchain Integration

    • Use Go to interact with smart contracts deployed on a blockchain network.
    • Leverage libraries like web3.go for Ethereum interactions.

Phase 2: Frontend Development (Current)

  1. Build UI with HTML/CSS

    • Create and customize HTML/CSS templates for the user interface.
    • Ensure responsiveness and basic styling.
  2. Basic Interactivity

    • Implement minimal JavaScript for dynamic content and basic user interactions (planned for next phase).

Phase 3: Smart Contracts (Future)

  1. Smart Contract Development

    • Write and deploy smart contracts using Solidity to handle lending logic and enforce terms.
    • Use resources like the Solidity documentation and Remix IDE for development.
  2. Integration with Backend

    • Update Go backend to interact with the deployed smart contracts.

Phase 4: JavaScript Integration (Future)

  1. Frontend Enhancements

    • Add advanced functionality and interactivity using JavaScript.
    • Enhance user experience with dynamic updates and client-side logic.
  2. Client-Side Interaction

    • Use JavaScript to handle interactions with the backend API and smart contracts.

Getting Started

Prerequisites

  • Go (for backend development)
  • HTML/CSS (for frontend development)
  • MetaMask or other Ethereum wallet
  • Ganache (for local blockchain simulation)

Installation

  1. Clone the Repository

    git clone https://github.com/adaken4/peerfund-p2p-lending.git
    cd peer2peer-lending
  2. Install Dependencies

    • Backend

      cd backend
      go mod download
    • Frontend

      cd frontend
      # Ensure HTML/CSS files are correctly set up
  3. Set Up Environment Variables

    Create a .env file in the root directory and add the following variables:

    INFURA_PROJECT_ID=your_infura_project_id
    PRIVATE_KEY=your_private_key
    
  4. Deploy Smart Contracts (Planned for future)

    Follow Solidity tutorials and use Remix IDE for deployment.

  5. Start the Backend Server

    cd backend
    go run main.go
  6. Start the Frontend Application

    cd frontend
    # Serve static files using a simple HTTP server or integrate with Go backend

Usage

  1. Create an Account: Sign up and create a blockchain wallet using MetaMask.
  2. Deposit Funds: Deposit cryptocurrency into your wallet to start lending or borrowing.
  3. Create Loan Request: Set loan terms and request funds.
  4. Lend Funds: Review and lend funds to other users based on their loan requests.
  5. Manage Loans: Track loan status, repayments, and balances through the platform dashboard.

Features to Implement

  • Advanced Security Features: Enhance smart contracts with additional security measures.
  • Frontend Improvements: Add interactivity and dynamic content using JavaScript.
  • Additional Blockchain Integration: Explore integration with other blockchain platforms.
  • Reputation and Feedback System: Develop and integrate a robust reputation system.

Contributing

We welcome contributions to improve the platform. To contribute:

  1. Fork the Repository
  2. Create a New Branch
  3. Commit Your Changes
  4. Push to Your Fork
  5. Submit a Pull Request

License

This project is licensed under the MIT License - see the LICENSE file for details.

Contact

For any questions or feedback, please reach out to: