Project Overview: Blockchain-Based Letter of Credit
The goal is to replicate the functionality of a traditional Letter of Credit (LC) using a blockchain-based smart contract. This system will manage funds, documents, and compliance requirements without relying on the banking system. Funds will be held in escrow on the blockchain and released upon fulfillment of pre-agreed conditions.
Project to be done in stages and payment done at each milestone as testing is carried out.
Initially wre just want to build a UI that looks slick and can gather the inforamtione we need and put it into a database that can intergrate into a chain.