I am glad to be in this group.
We are trying to architect a Loan application and Loan approval process defined in Smart contract
However the loan application table and customer info etc are in SQL server. Even credit score is stored in SQL. So I am wondering what kind of data must be stored in Smart contract and how many contracts I must create
Trying to figure out
May 22, 2022, 12:35 PM
I don't think you should use smart contracts for that tbh. These info are supposed to be sensitive aren't they?
May 22, 2022, 12:38 PM
Some part of the info is sensitive but the info needed by the Smart contract to process the rule is not sensitive and we want the world to see it.
Some documents are sensitive and some are not. We will use ipfs for that
Also there is information about properties such as public records we will put into ipfs or block chain
We are in the architecture phase so nothing is decided yet. Webapp code is in c# and azure.
Some sort of oracle will also be required
We call it straight-through processing...means automatic underwriting score generator. The whole idea is to auto approve loans
Any suggestions or recommendations are appreciated!
I am also trying to make friends with whom I can call and talk technology with..really passionate about learning everyday
I am also trying to make friends with whom I can call and talk technology with..really passionate about learning everyday
😄
It might need much more components depends on where I draw the line on Blockchain/SqlServer
May 22, 2022, 12:59 PM