King Favour Judah
Our team leverages technology resources and expertise as individuals and a team at Havilah Blockchain Studios. Havilah Blockchain Studios is a venture studio that has worked with multiple brands.
I am the CEO and I architected solutions, built projects, coordinated teams and mentored developer to help deliver amazing products to client around the world. So far, I have worked on trading exchanges, staking and yield contracts, on-platform and self-custodial wallets, decentralised identity, and gaming projects.
Advanced knowledge of cryptographic algorithms, hash functions, symmetric and asymmetric encryption, digital signatures, and secure key management. Proficient in designing and implementing ZK-SNARKs, ZK-STARKs, and other ZK protocols for privacy-preserving computations.
The technology team consists of 1 CTO, 3 Full-stack Developers, 1 UI/UX Designer, 1 Brand and Graphic Designer, 1 Business Developer, and 1 Content Writer with combined experience in the development of technology products and features of 40+ years.
Havilah Blockchain Studios engages in the development of innovative business platforms aiming to improve the operational efficiency of web3 entities. We have worked on web3 designs, and architecture. Built and audited smart contracts, dApps, web-3 engines, libraries, SDKs powering DeFi, AMMs, Web3 gaming, etc.
Our focus is to help everyone we can with the use of emerging technology.
Rehoboth Finance is a comprehensive financial platform that combines stablecoin-based payment processing with diversified investment opportunities in various asset classes, including stocks. It serves as a bridge between traditional financial systems and the decentralized finance (DeFi) space, offering businesses a secure and efficient way to handle transactions and providing users with accessible investment options.
Problems We Solve:
1. Inefficient Payment Processing:
- Traditional payment processors can be slow and costly, especially for cross-border transactions. Rehoboth Finance addresses this by leveraging stablecoins for swift and cost-effective payment processing.
2. Limited Investment Access:
- Many individuals and businesses face barriers to entry when it comes to investing in diverse asset classes. Rehoboth Finance breaks down these barriers, providing users with easy access to investment opportunities in stocks and other assets.
How We Solve Them and Audience Benefits:
1. Efficient Transactions:
- Rehoboth Finance solves the problem of slow and costly transactions by utilizing stablecoins, ensuring quick and affordable payments. This benefits businesses by reducing transaction costs and improving cash flow.
2. Diversified Investments:
- The platform opens up investment opportunities beyond traditional banking products. Users, including both businesses and individuals, can diversify their portfolios, potentially increasing returns and mitigating risks.
How we plan to integrate Stellar/Soroban:
1. Payment Processing:
- Rehoboth Finance utilizes Stellar for its payment processing component. Stellar's blockchain facilitates fast and secure transactions, ensuring that businesses can send and receive payments with efficiency.
2. Investment Platform:
- The investment platform integrates with Soroban, leveraging its capabilities for managing and processing financial data. Soroban enhances the accuracy and reliability of financial calculations, providing a robust foundation for the investment side of Rehoboth Finance.
3. Smart Contracts:
- Smart contracts, powered by Stellar, govern the terms and conditions of transactions and investments. This ensures trust and transparency, automating processes and reducing the need for intermediaries.
4. Decentralized Identity (DID):
- Rehoboth Finance may implement decentralized identity solutions for user verification and authentication, enhancing security and privacy. Stellar can be utilized for DID purposes, ensuring a secure and decentralized identity management system.
Rehoboth Finance offers a holistic financial solution, combining efficient payment processing with accessible and diversified investments. Through the integration of Stellar for payments and Soroban for financial data management, the platform aims to revolutionize the way businesses handle transactions and individuals participate in the world of finance. The use of decentralized technologies ensures transparency, security, and accessibility, aligning with the principles of decentralized finance.
Deliverables:
1.1 Stellar Integration (20 hours)
* Specifics:
* Implement Stellar SDK for stablecoin-based payments.
* Develop smart contract on Stellar for secure escrow and settlement of transactions.
* Integrate Stellar account creation and management for users.
* Success Measure:
* Successful execution of end-to-end stablecoin transactions between users on the platform.
* Unit tests and integration tests passing for all Stellar functionalities.
* Estimated Completion: 2 weeks from grant activation.
* Budget: $8,000 (40 hours at $200/hour)
1.2 Soroban Integration (25 hours)
* Specifics:
* Connect platform to Soroban API for real-time market data and financial calculations.
* Develop Soroban scripts for automated portfolio management and investment execution.
* Integrate Soroban dashboards for user visualization of investment performance.
* Success Measure:
* Accurate streaming of stock prices and market data on the platform.
* Successful execution of stock purchase and sale orders using Soroban scripts.
* User dashboards displaying portfolio performance metrics and historical data.
* Estimated Completion: 3 weeks from grant activation.
* Budget: $10000 (50 hours at $200/hour)
1.3 MVP Deployment and Testing (20 hours)
* Specifics:
* Package and deploy MVP with core functionalities (payments, investments, user accounts) to a secure cloud environment.
* Conduct comprehensive testing of all platform features and integrations.
* Refine and polish user interface/experience (UI/UX) based on initial testing feedback.
* Success Measure:
* Fully functional MVP accessible for internal testing and initial user feedback.
* No critical bugs or security vulnerabilities identified during testing.
* Positive feedback from internal testers on platform usability and intuitiveness.
* Estimated Completion: 4 weeks from grant activation.
* Budget: $8,000 (40 hours at $200/hour)
Rehoboth Finance Development Roadmap
Activation Award (1 Month)
Objective: Develop and deploy core functionalities of the Rehoboth Finance platform, enabling stablecoin-based payment processing and investment in stocks.
Total Amount Needed:
$26,000