The DBank is very powerful yet dead simple de-centralized bank. This app allows one to manage their crypto-currency and get good credit score at the same time.
The bank completely behaves as a conventional bank, other than it's decentralized and free of human intervention. The backend is forged from smart contract. Once deployed, the contract is capable of storing ether. Using a deeply intuitive UI users can use payment system and manage their credit.
With this app, transfering money is as easy as putting the receiver's code, amount, and pressing submit. We will take care of the rest. Promise.
A lot of people want to use cryptocurrency for their tons of benefits. At the same time, everyone wants a good credit score. After all, a lot of important things depend on it. This app can work as your digital credit card. We bet you will love it.
Every other sector is switching from conventional system working to decentralised and distributed system. The only organisations that lack behind are the exchanges and the banks. So, the idea is to make a complete decentralised bank on ethereum. It would ensure a complete trustworthy system. There would be no need to trust even the banks.
The bank completely behaves as a conventional bank.It is fully decentralised without human intervention. The bank is implemented using a smart contract. Once deployed, the contract will be able to store ether. The users will be present at various nodes and possess the capabilities of depositing ether, requesting ether, crediting ether, p2p transaction.
The user with the address can deposit and request ether from the bank.
Each user's account possess a credit limit, credit score and credit balance. The user can request credit within the range of (credit limit - current credit). Each time users delays the payment of depositing back the ether, the user will be fined with 1 extra ETHER monthly.