/Simple-Farmer-Auction-on-Ethereum-Blockchain

This is a Simple Farmer Auction using Solidity Smart Contracts on Ethereum Blockchain.

Primary LanguageJavaScriptMIT LicenseMIT

Simple-Farmer-Auction-using-Ethereum-Blockchain

Smart Contracts can help the Farmers in the following way

  • The Smart Contracts execution and secure tamper-proof agreement signed between the Farmer and the Bidders prevents any kind of cheating from both sides.
  • It allows auctions to happen in a much secure way, removes middlemen and provides faster payment to farmers.
  • Strong privacy features combined with Ethereum Blockchain can disallow bidders to collude which can offer better price to farmers.
  • Events on Ethereum Blockchain also provides complete transparency to the bidding process.

These are the Truffle Tests