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June 21, 2024· 2024 IEEE Students Conference on Engineering and Systems (SCES)
conference-paper

DeFinance: Decentralised Lending and Borrowing of Digital Assets

Authors:Sanket NaikwadiAman PandeyChinmay PatilHrugved ParabPranali PatilDeepak Khachane

Abstract

The financial landscape is rapidly evolving, presenting challenges for traditional systems. In response, the decentralised finance (DeFi) sector is emerging, driven by blockchain technology. This project, “DeFinance: Decentralised Lending and Borrowing of Digital Assets” aims to revolutionize financial services by providing an efficient, transparent, and inclusive lending and borrowing platform. Modules such as the dashboard, wallet connector, portfolio, markets, lending pool, and borrowing collectively offer users a comprehensive financial services platform. The key goals include trustless and transparent solutions, capital diversification, real-world asset tokenization, and seamless integration into the DeFi ecosystem. The project envisions a financial future marked by decentralization, inclusivity, and financial empowerment.

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