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ltcim's Introduction

description
Liquidity to crisis in motion.

What is LTCIM

Unbiased funds raising for the crisis that is going on, covid-19 has struck humanity, Liqudity to crisis in motion refers to fund allocation and resource management for the communities facing crisis.

Livelihood is at stake due to COVID-19, social interaction has come to standstill where the low strata is in the need for basic food , quality life with access to basic needs.

This cause is achieved using Cryptographic ledgers and zero trust protocol. These protcols put in place using technology that provides.

  • Identity and Reputation
  • Fund provisioning
  • Allocation of funds and resources
  • Multi-Signature wallet system management
  • Fundraising management

This helps an individual to raise funds using this platform in this crisis for communities. Come and collaborate we have started off.

Standard User Process

A sender pays amount using the send API , the money gets traded over the platform and all the data related to that will be observed and stored once that setllement and thus that currency dervied in INR will be settled.

Process Flow For Communities

Non profits and communities use this process:

  • Adds user (First user creates the first account)
  • Users gets verified
  • Payment channels is opened for funding.

Note- Contributors please switch the current branch to ltcim for development on UI and smart-contracts to work with underlying blockchain smart contracts

ltcim's People

Contributors

devilla avatar tacitonic avatar

Stargazers

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Watchers

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Forkers

johnsonc devilla

ltcim's Issues

Create UI for LTCIM

What is LTCIM ๐Ÿ“š

Unbiased funds raising for the crisis that is going on, covid -19 has struck humanity, Liquidity to the crisis in motion refers to fund allocation and resource management for the communities facing a crisis.

Livelihood is at stake due to COVID-19, social interaction has come to standstill where the low strata are in the need of basic food, quality life with access to basic needs.

This cause is achieved using Cryptographic ledgers and zero trust protocol. These protocols put in place using technology that provides.

  • Identity and Reputation ๐Ÿ‘ค

  • Fund provisioning ๐Ÿ’ธ

  • Allocation of funds and resources ๐Ÿ’ฐ

  • Multi-Signature wallet system management ๐Ÿ‘›

  • Fundraising management ๐Ÿ’ฑ

This helps an individual to raise funds using this platform in this crisis for communities.

Come and collaborate we have started off.

Prerequisites โ„น๏ธ

  • Good working knowledge of web3 library.
  • Idea of smart contracts and their integration with the UI.
  • Fast pace development as each day few lives are lost, so no delay would be entertained.

Responsibilities ๐Ÿค

  • Developer has to work on the UI design and implementation as per the guidance of the core team of Muellners Foundation.
  • Create and Integrate UI with smart contracts deployed on Avalanche C-Chain.
  • Have to create/implement wallet. Ref: Finscale wallet

Read the docs : LTCIM ๐Ÿ“œ

Standard User Process

A sender pays an amount using the send API, the money gets traded over the platform and all the data related to that will be observed and stored once that settlement and thus that currency derived in INR will be settled.

image

Process flow among communities

Non-profits and communities use this process:

  • Adds user (The first user creates the first account)
  • Users gets verified
  • Payment channels are opened for funding.

image

Bounty reward

The specified bounty would be paid in 0.1 ETH on Gitcoin.

Deployment ๐Ÿš€

Bitrupee - Digital Fund for the crisis across the country

Source code ๐Ÿ”ข

https://github.com/muellners/ltcim

Website For LTCIM

We use a static site generator for the website , Jekyll with a custom theme.

Backend service for managing blockchain services

Indexing bitrupee issuance

Managing Requesting Donation ID's multi-sig wallet

Verification and voting storage id and vote

All of this needs to be stored somewhere in the DB , this is going to be a solution related to both blockchain ETH and AVA

As we decided we can post important and final transaction over the ETH and high transaction can be put on AVA

Contributors API entity

Entities that are pre-req

When create a donation request we might need to record the contributors name, amount and mode of payment

Create multisig contract on Ava

We need layer 2 contract that stores the interaction of the volunteer involved in a multi signature wallet where the funds are spent using a small threshold

This needs to be connected with the multiple wallets that are provided by the Non-profits and volunteers to sign the transactions and spending funds.

Create donation request API

This API request process the amount, transaction hash and records the user list and some public information that can be processed over IPFS

  1. Create the basic part when from the user side if the user wants to save the information
  2. A NGO, will add information such as

Entity is going to be Request

About,
Cause ,
Amount,
User are the one who is the beneficiary , they are going to be added on Multi-Sig wallet
Contribution

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