Decentralized Peer-to-Peer Lending System Using Smart Contracts

Create a blockchain-based P2P lending platform where borrowers and lenders interact through smart contracts to ensure secure loans, automatic repayment tracking, and interest calculations without intermediaries.

Study P2P lending mechanisms and interest calculation methods.

Develop smart contracts to manage loan issuance, repayment schedules, and interest accrual.

Implement borrower and lender verification protocols.

Design an intuitive dashboard for users to view loans, repayments, and balances.

Test repayment defaults and automatic collateral claims.

Integrate notification systems for due payments and loan approvals.

Ensure secure, immutable record-keeping of all transactions.

Document contract logic, repayment workflows, and UI design.

Evaluate system scalability and security against fraudulent lending activities.