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Blockchain Development for Finance Projects

You're reading from   Blockchain Development for Finance Projects Building next-generation financial applications using Ethereum, Hyperledger Fabric, and Stellar

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Product type Paperback
Published in Jan 2020
Publisher Packt
ISBN-13 9781838829094
Length 530 pages
Edition 1st Edition
Languages
Concepts
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Author (1):
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Ishan Roy Ishan Roy
Author Profile Icon Ishan Roy
Ishan Roy
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Toc

Table of Contents (17) Chapters Close

Preface 1. Section 1: Blockchain Payments and Remittances
2. Blockchain in Financial Services FREE CHAPTER 3. Building a Blockchain Wallet for Fungible and Non-Fungible Assets 4. Designing a Payment Gateway for Online Merchants 5. Corporate Remittances and Settlement 6. Enabling Cross-Border Remittances with Real-Time KYC/AML Verification 7. Section 2: Blockchain Workflows Using Smart Contracts
8. Building a Letter of Credit Workflow Module Using Smart Contracts 9. Section 3: Securing Digital Documents and Files Using Blockchain
10. Building a Tamper-Proof Document Storage System 11. Section 4: Decentralized Trading Exchanges Using Blockchain
12. Building a Decentralized Trading Exchange 13. Developing a Currency Trading Exchange for Market Making 14. Looking into the Future 15. Other Books You May Enjoy Appendix: Application Checklist

Connecting to the main Ethereum network

In this section, we'll see how our wallet can be connected to the main Ethereum network and used for storing, transferring, and managing fungible and non-fungible assets on the Ethereum network:

  1. To deploy the wallet and contracts in production, you need to have a geth instance running on the main Ethereum network. Geth is a popular Ethereum client used to run an Ethereum node and connect to the main network. Update the truffle-config.js file to point to the production geth instance as shown in the following. The network ID is set to 1 for the main network:
const HDWalletProvider = require('truffle-hdwallet-provider');

module.exports = {
networks: {
development: {
host: "127.0.0.1",
port: 8545,
network_id: "*",
}
prod: {
host: "<Live geth host IP>",
port: 8545, ...
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