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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

Setting up the compliance server

The compliance server will be used by the banks to exchange the customer's KYC information before initiating a payment request. Follow these steps to set up the compliance server:

  1. Download the compliance server release from the Stellar website here (https://github.com/stellar-deprecated/bridge-server/releases). Select the binary corresponding to your OS version.
  2. Extract the binary file and copy the extracted folder. Paste and create two copies of the extracted folders labeled complianceA and complianceB.
  3. Create a file called compliance.cfg inside the extracted folders and open it in a text editor. Configure it like so for the compliance server for Bank A:
external_port = 8003
internal_port = 8004
needs_auth = true
network_passphrase = "Standalone Network ; February 2017"

[database]
type = "postgres"
url = "postgres://bankauser...
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