EximChain

[GENERAL] Name and surname of main applicant

shalom abera

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Individual

[GENERAL] Requested funds in ada

200000

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

6

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

A Cardano-based export-import platform provides a transparent, secure, and efficient solution to the challenges faced by the global trade industry.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

no dependency

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] Please provide here more information on the open source status of your project outputs

The Cardano-based export-import platform will be developed and released as an open-source project. This means that the project's source code will be freely available to the public, allowing for:

• Community Contributions: Developers from around the world can contribute to the platform's development, improving its features, security, and performance.
• Transparency and Accountability: The open-source nature of the project ensures transparency and accountability, as the code can be reviewed and audited by the community.
• Interoperability: The platform can be integrated with other open-source projects and tools, promoting interoperability and ecosystem growth.
• Innovation and Experimentation: Open-source development encourages innovation and experimentation, leading to new features and use cases.

By adopting an open-source approach, the project aims to foster a collaborative and inclusive community that can drive the development and adoption of the platform.

Key aspects of the open-source development process will include:

• Version Control: Using a version control system (e.g., Git) to track changes to the code and facilitate collaboration.
• Licensing: Choosing an appropriate open-source license (e.g., MIT, Apache) to govern the use and distribution of the code.
• Documentation: Providing clear and comprehensive documentation to guide developers and users.
• Community Engagement: Actively engaging with the community through forums, social media, and meetups.

[METADATA] Horizons

Infrastructure

[SOLUTION] Please describe your proposed solution

Solution: A decentralized export-import platform built on the Cardano blockchain can address these challenges by offering:

• Transparency and Traceability: Smart contracts can automate and track the entire trade lifecycle, ensuring transparency and accountability.
• Reduced Costs: Cardano's low transaction fees and decentralized nature can significantly reduce the costs associated with international trade.
• Enhanced Security: The platform's blockchain-based infrastructure provides a highly secure and tamper-proof environment for storing and processing trade data.
• Increased Efficiency: Automation and streamlining of processes can lead to faster transaction times and improved operational efficiency.
• Trust and Credibility: The immutability of blockchain data can help establish trust between trading partners and enhance the credibility of transactions.

Key Features:

• Smart Contract Templates
• Decentralized Marketplace
• Payment Gateway
• Supply Chain Tracking
• Dispute Resolution
• Data Storage and Management

Technical Implementation:

• Cardano Blockchain
• Plutus
• Marlowe
• Decentralized Identity
• Oracle Networks

Open-Source Development:

• Community Contributions
• Transparency and Accountability
• Interoperability
• Innovation and Experimentation

By leveraging the benefits of blockchain technology, the proposed platform aims to revolutionize the global trade industry by providing a more efficient, secure, and transparent solution for businesses involved in international trade.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

Expanding the Cardano Ecosystem: The platform will introduce new use cases and applications for the Cardano blockchain, expanding its ecosystem and attracting more developers and users.

Demonstrating the Versatility of Cardano: The platform will showcase the versatility of the Cardano blockchain as a platform for real-world applications, reinforcing its position as a leading blockchain technology.

Driving Adoption: The success of the platform can drive increased adoption of Cardano and its native token, ADA, benefiting all stakeholders in the ecosystem.

Encouraging Innovation: The platform's open-source nature can foster innovation and experimentation within the Cardano community, leading to new ideas and projects.

Strengthening Cardano's Reputation: The platform's success can enhance Cardano's reputation as a reliable and scalable blockchain platform, attracting more businesses and developers to the ecosystem.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Trust and accountability are fundamental to the success of any project. As an open-source project, the Cardano-based export-import platform will be developed and maintained in a transparent and collaborative manner. This will ensure that the project is delivered with the highest levels of trust and accountability.

Here are some key factors that will contribute to our ability to deliver the project with high levels of trust and accountability:

• Open-Source Development: By adopting an open-source approach, we will ensure that the project's code is freely available for review and audit by the community. This will promote transparency and accountability, as any issues or concerns can be addressed openly.
• Community Governance: The project will be governed by a community-driven process, ensuring that decisions are made collectively and in the best interests of the project. This will help to maintain trust and accountability among all stakeholders.
• Regular Updates and Communication: We will provide regular updates on the project's progress, including development milestones, challenges, and achievements. This will help to keep the community informed and maintain trust in the project.
• Third-Party Audits: To further enhance trust and accountability, we may consider conducting third-party audits of the project's code and processes. This will provide an independent assessment of the project's security, reliability, and compliance with best practices.

Validating Feasibility

To validate the feasibility of our approach, we will conduct a thorough feasibility study that includes:

• Technical Analysis: Assessing the technical feasibility of building the platform on the Cardano blockchain, including the availability of necessary tools and technologies.
• Market Analysis: Evaluating the market demand for such a platform and identifying potential competitors or alternative solutions.
• Economic Analysis: Assessing the financial viability of the project, including potential revenue streams and cost estimates.
• Risk Assessment: Identifying potential risks and challenges that may impact the project's success and developing mitigation strategies.

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Platform Design and Development (Months 1-3)

• Task: Design the overall architecture and user interface of the platform. Develop the core functionalities, including smart contract templates, decentralized marketplace, and payment gateway.
• Deliverables: Completed platform design, functional prototypes of key features.

Milestone 2: Testing and Integration (Months 3-4)

• Task: Conduct thorough testing of the platform's functionality, security, and performance. Integrate with Cardano-based payment solutions and other relevant services.
• Deliverables: Tested and functional platform, integration with external services.

Milestone 3: Launch and Community Engagement (Months 5-6)

• Task: Launch the platform to the public and promote it within the Cardano community. Gather feedback from users and address any issues or bugs.
• Deliverables: Launched platform, initial user feedback and bug reports.

[RESOURCES] Who is in the project team and what are their roles?

Core Team Members:

• Project Manager: shalom abera Oversees the entire project, ensuring it stays on schedule and within budget.
• Blockchain Developer: ibsa Develops the smart contracts and blockchain-based components of the platform.
• Frontend Developer: hiwet Creates the user interface and user experience for the platform.
• Backend Developer: tesfaeysus Develops the server-side components of the platform, including APIs and data management.
• Business Analyst: aron Analyzes the requirements of the platform and defines its scope and features.
• Community Manager: betty Builds and maintains relationships with the Cardano community, promoting the platform and gathering feedback.

Additional Supporting Roles (as needed): we will employ

• Security Expert: Ensures the security of the platform and its data.
• Legal Counsel: Provides legal advice and guidance on regulatory compliance.
• Marketing Specialist: Promotes the platform to potential users and partners.
• UX Designer: Designs the user interface and user experience to ensure a seamless and intuitive experience.

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Direct Costs

• Development Costs:Blockchain Developer: 50,000 ADA
• Frontend Developer: 30,000 ADA
• Backend Developer: 30,000 ADA
• Business Analyst: 10,000 ADA
• Community Manager: 5,000 ADA
• Infrastructure Costs:Server costs, domain registration, hosting: 10,000 ADA
• Marketing and Promotion:Advertising, community outreach, PR: 10,000 ADA
• Legal and Regulatory Compliance:Legal advice, compliance audits: 15,000 ADA
• Contingency:To cover unforeseen expenses: 20,000 ADA

Total Direct Costs: 170,000 ADA

Indirect Costs

• Project Management:Time and resources dedicated to project planning, coordination, and oversight.
• Administrative Support:Time and resources dedicated to administrative tasks such as record-keeping, reporting, and communication.
• Overhead Costs:Utilities, insurance, and other general expenses associated with the project.

Total Indirect Costs: Approximately 30,000 ADA

Grand Total: 200,000 ADA

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

Expanding Cardano's Use Cases:

• Demonstrating Real-World Applications: The platform showcases the versatility of Cardano by demonstrating its potential for complex real-world applications, such as international trade.
• Attracting New Users and Developers: The platform's success can attract more users and developers to the Cardano ecosystem, increasing its adoption and network value.

Contributing to Cardano's Economic Growth:

• Creating New Opportunities: The platform can create new economic opportunities for businesses and individuals involved in international trade, contributing to the growth of the Cardano ecosystem.
• Enhancing Cardano's Value Proposition: The platform's success can enhance Cardano's value proposition as a platform for real-world applications, making it more attractive to investors and businesses.

Long-Term Benefits for the Cardano Ecosystem:

• Increased Network Effects: A thriving export-import platform can drive increased network effects for Cardano, as more businesses and individuals adopt the platform.
• Strengthened Ecosystem Resilience: A diverse and robust ecosystem of applications can strengthen Cardano's resilience and long-term sustainability.

Cost-Effective Approach:

• Leveraging Existing Infrastructure: The platform can leverage the existing Cardano infrastructure, reducing development costs and ensuring scalability.
• Maximizing Return on Investment: The project's focus on creating a valuable and sustainable application can maximize the return on investment for the Cardano ecosystem.