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Blockchain Development for Finance Projects

You're reading from  Blockchain Development for Finance Projects

Product type Book
Published in Jan 2020
Publisher Packt
ISBN-13 9781838829094
Pages 530 pages
Edition 1st Edition
Languages
Concepts
Author (1):
Ishan Roy Ishan Roy
Profile icon Ishan Roy

Table of Contents (17) Chapters

Preface 1. Section 1: Blockchain Payments and Remittances
2. Blockchain in Financial Services 3. Building a Blockchain Wallet for Fungible and Non-Fungible Assets 4. Designing a Payment Gateway for Online Merchants 5. Corporate Remittances and Settlement 6. Enabling Cross-Border Remittances with Real-Time KYC/AML Verification 7. Section 2: Blockchain Workflows Using Smart Contracts
8. Building a Letter of Credit Workflow Module Using Smart Contracts 9. Section 3: Securing Digital Documents and Files Using Blockchain
10. Building a Tamper-Proof Document Storage System 11. Section 4: Decentralized Trading Exchanges Using Blockchain
12. Building a Decentralized Trading Exchange 13. Developing a Currency Trading Exchange for Market Making 14. Looking into the Future 15. Other Books You May Enjoy Appendix: Application Checklist

Building the bank portal

Next, we'll build a portal for Bank A and Bank B. Users can log in with their friendlyID and submit payment requests. Then, the Bank can log in and view the KYC details of transactions.

The portal will have two components:

  • A Node.js backend that will post payments to the bridge server and fetch user details from the users table in the bank internal database.
  • A React frontend that's used to submit requests and view status.

Let's start with the Node.js backend.

Building the bank portal backend

The bank portal backend server will carry out the following operations:

  • Return the user's details (name and balance) based on the 'friendlyid' unique identifier. These will be...
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