Blockchain Pensions Infrastructure

  • project:
  • client:
  • year: 2018
  • website:

challenge:

The classic pension systems most people are currently a part of are inefficient and are not align with the current digital generation. There are places in the world where such systems cannot be trusted as the governments can seize the funds at any moment. The goal of our client was to tackle those issues by creating a platform for ordinary people and pension funds to use with trust and efficiency at the heart of the design.

tools used:

Truffle,
Solidity,
Zeppelin-Solidity,
web3,
Ganache,
React,
Typescript,
Chai,
Code

The goal of our client was to create a secure platform for ordinary people and pension funds which will be based on blockchain

solution:

A natural fit to this challenge is blockchain. By using smart contracts implemented in Solidity on the Ropsten Testnet we were able to create an MVU that demonstrated the basic concepts of the future full implementation of the plaftorm. The protocol itself used an utility token for fees.

On the Frontend side we implemented a React dapp that allowed the user to choose a pension fund and invest ETH in them or buy utility tokens. The development process included a full suite of
tests for the smart contracts and CI that would deploy the contracts on a test Ethereum-compatible blockchain.

impact:

We have created a secure pension infrastructure based on blockchain.