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Defi integrated blockchain wallet with automated transactions

Library Herald Year : 2022, Volume : 60, Issue : 2 First page : ( 99) Last page : ( 112) Print ISSN : 0024-2292. Online ISSN : 0976-2469. Article DOI : 10.5958/0976-2469.2022.00020.3

Defi integrated blockchain wallet with automated transactions

Patidar Sanjay1, Abhinav2, Sangwan Aryan3 1Department of Software Engineering, Delhi Technological University, sanjaypatidar@dtu.ac.in 2Department of Software Engineering, Delhi Technological University, abhinav_2k18se005@dtu.ac.in 3Department of Software Engineering, Delhi Technological University, aryansangwan_2k18se039@dtu.ac.in

Abstract Blockchain and cryptocurrencies are revolutionizing the implementation of financial services through a decentralized and truthless manner and challenging the traditional financial bodies. Despite that, there is still an extremely high barrier to entry to cryptocurrencies as an exposure, let alone the use of blockchain to avail financial services. In this paper, the main objectives are setting up a framework and implementing a product as asolution to help a normal person avail the various Decentralised financial services currently available with minimal complexity and the exposure to actually interacting with the blockchain. Keywords Decentralized finance, Stable coins, Stable coin staking, Cryptocurrencies, Smart contracts, Yield farming, Annual Percentage Yield(APY), Annual Percentage Rate(APR), Ibusdt, Centralized decentralized finance(CeDeFi), Know Your Customer(KYC).

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