Inspiration

We got our inspiration from the CyberConnect protocol, where users can follow each other and view their profiles based on their wallets

What it does

Our credit system evaluates the amount of credit an individual wallet may hold. This is done through a series of calculations based on their financial and activity data on the blockchain. This scoring system can help de-fi users identify the credibility of lending to certain wallets through de-fi protocols, as well as other applications.

How we built it

We built the project using the cyberconnect starter app and then we modified the backend to implement our algorithm which was carefully designed to incorporate a combination of financial data as well as social data.

Challenges we ran into

Our team has little experience with full-stack development, which is why editing the starter-code was challenging. For all of us, it was our first time interacting with a React and Typescript frontend, and some of us had basic knowledge about interacting with API’s. Creating the algorithm to analyze user wallets was also a challenge for the team, as we had to develop our own ranking system with different weighted factors.

Accomplishments that we're proud of

We are proud of the fact that we have a good grasp of how full-stack development works. We learned how to manage workflows in Git as well. In addition, developing the algorithm gave us good insight into how credit ranking systems work and furthered our understanding in the intricacies regarding DApp development.

What we learned

We learned how to better utilize API’s to give us the data we need, such as the ones on CyberConnect and Etherscan. We also gained a better understanding of the statistics of on-chain data. On top of that, we gained hands-on experience in web development as we used typescript and react to create our website, which none of our members have ever used before.

What's next for CyberCredit

Connecting Etherscan’s API to our backend is the next major step so that our team can implement the financial aspect of the credit score calculation into the app.

We also plan on adding a social aspect to Cyber Credit as well, integrating real-world events such as parties into the application on top of the POAPs.

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