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Dazza Greenwood edited this page Nov 28, 2016 · 14 revisions

Welcome to the AutomatedLoanFund wiki!

Plan

  • Contract creation will involve generating a specialized jwot utilizing http://schema.org/Offer json-ld (for purposes of a workable starting point, we can use this approach or this second alternative alternative JSON format loan contract.
  • Utilize blockstack's onename to make the tie in of a public/private key pair to an email, with which we make links to github and paypal.
  • Utilize schema.org "ChooseAction" as the syntax for approaching signing the contract with a private key
  • Signing will be done through a chrome extension that will act like a keychain.(Lastpass?)
  • Utilizing github and git as the main method of datastore among the parties involved through webhooks
  • We can also store some of the info on a blockchain just as a means of exploration.
  • Contract should feed in to an automated system, that will send emails as means of notice. (https://nodemailer.com/)
  • Integrate a payment system like paypal on top to do things like invoicing, and prototype the actual payments.

Basic Approach

The following functionality is envisoned for this PoC:

  • cryptographic multi-sig on legally enforceable contract
  • container within which the contract record, in each state, exists
  • web-hooks and github for data store (alt was other pubsub and containers to come)
  • blockstack identities, and integrate at the CLI
  • small chrome extension to enable users to sign the loan contract file
  • jwot or verified claims as options for standards for signed file
  • expore using schema.org "ChooseAction" as syntax and approach for "sign this" message
  • want to put hash of contract and final legal notice on loan onto blockchain (maybe Tiereon API?)

Diagraming

In general, we'll use draw.io as the tool and use the following conventions when diagramming: http://www.conceptdraw.com/examples/flowchart-symbols

Also, see: https://en.wikipedia.org/wiki/Flowchart

The general context surrounding this loan fund automation research project can be found here: https://github.com/HumanDynamics/RevolvingLoanHack/wiki/Key-Revolving-Loan-Fund-Automation-Process-and-Example-Resources

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