Financial Services
Source
- ONDC Build for Bharat (opens in a new tab)Next Gen Ventures / FintechSubmission deadline: 10 Feb 2024
Source summary
Propose decentralised peer-to-peer lending tailored to agricultural micro-enterprises. The source seeks accessible rural lending, auditable transaction and repayment records, and agricultural credit assessment that may use weather, satellite, soil and yield data. The challenge asks the proposal to explain its decentralised lending ecosystem; tamper resistance and affordability are objectives, not proven effects. Choose one agricultural use case and explain data collection, suitable financing institutions and how the mechanism would operate on the network.