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Academic Innovations

NE-Finance: Empowering the North-East Through P2P Lending

Innovator Details

Innovator
Dr. Juwesh Binong
Co-Developer / Co-Innovator
Dr. Sanjay Moulik

About

This project aims to develop "NE-Finance," a user-friendly peer-to-peer lending platform enhanced with advanced machine learning for accurate credit assessment. It introduces financial literacy programs within the app to empower users with essential financial knowledge. By transforming "NE-Finance" into a catalyst for economic growth, it anticipates increased investments in vital sectors like education, healthcare, entrepreneurship, and agriculture. Ensuring a holistic approach, the project incorporates smart contracts to foster trust and security, facilitating sustainable socio-economic development.
Funding Organization
Funding Organization
Department of Science and Technology (DST)
Quick Information
TIH Name
IBITF, IIT Bhilai
Status
ongoing
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