🏛 USDC․fi on AWS Amplify

A Easy and Simple Financial Service Using AWS Amplify.

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2 min read

🏛 USDC․fi on AWS Amplify

AWS Amplify & Hashnode Hackathon

Stable-coin Financial service based on Amplify and Blockchain.

Project name: USDC․fi

USDC․fi is a simplified financial service based on USDC stable-coin for novice users.

This project is meaningful in that it converges the Web3 project based on AWS Amplify.

Stable coin: A cryptocurrency whose value is pegged to the price of another asset. (For example, USDC is pegged to the US dollar.)

Main idea

A financial service that breaks down barriers for new web3 users and is simple and easy to use for people.

The reason for starting this project is that there are many users who want to own coins but do not want to trade.

Pain points

There are concerned about high volatility and investment risk about cryptocurrency field.

Crypto trading market users feel difficulties, fears and the gap between pros and newbies about Blockchain finance.

USDC․fi's solution

Features

USDC․fi is Financial services that provide only basic and easy services based on stable coins. (USDC)

USDC․fi is a service that combines stable coin, Simple KYC and Account Management.

  1. Stable coin: We select USDC for core stable coin based on Ethereum or Polygon Network.

  2. Simple KYC: Machine learning based face recognition KYC or Worldcoin's uniqueness identity authentication based on AWS Amplify

  3. Account Management: Connect wallet with Metamask or Web3 wallets.

USDC․fi Service Structure

User(Web Browser) <-> Frontend(Amplify Hosting) <-> Backend(Ethereum Hardhat)

  1. Sign up / Sign investment (AWS Amazon Cognito)

  2. Simple KYC using web browser (AWS Prediction

  3. Buy/Exchange/Sell USDC (Stripe, UniSwap, USDC Wallet, Ethereum Name Service)

  4. Account dashboard (Hardhat, Smartcontract)

Background Technologies

  1. Core transferring assets network: Ethereum, Polygon

  2. DApps: Hardhat, Metamask, Ganache

  3. KYC identity proof: AWS Authentication API, AWS Predictions(Face recognition ,Text recognition, Face comparison, Text comprehension)

  4. Payment and transaction: ENS, Uniswap, Stripe, QR code address

  5. Operation and hosting: AWS Amplify(Serverless), Angular, React, Nodejs, Firebase

UI/UX Design

Simple and easy interface.

Automatically check users face and national ID

Third party's exchange API (Uniswap, Stripe)

How it works

  1. Visit USDC.fi website
  2. New customer Signup and simple KYC based AWS amplify
  3. Buy / Exchange / Sell USDC
  4. USDC account Management

Demo site

Please visit our demo site.
usdc.fi

Demo video

Click the image below to watch the video.

USDC․fi Github Repository

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