masaun / loan-service-for-students

Using Dai.js (from MakerDAO), contract of borrow and lend

Loan service for students (who go to University)

Concept

Issue

• if students go to school which is especially University, students who can borrow enough money or access to student loan is less.

• Currently, student loan is expensive for many students. Therefore, there are many students who can't repay loan after they graduate

Solution

1. Publish Student Loan Token (SLT)
2. Convert from SLT to DAI
3. Borrower who is a student borrow DAI from Lender (credit score is not only traditional items, but also include reputation based items)

Setup & Run

$ npm run client （"cd client && npm run start"）

$ npm run console （"truffle console --network development"）

$ npm run session （"zos session --network development --expires 7200"）

Another scripts is also written in package.json

MakerDAO Testchain

if it work on local environment, it execute MakerDAO Testchain.

$ cd /path/Testchain
$ scripts/launch -s default --fast

https://github.com/makerdao/testchain/tree/dai.js