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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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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

Creating the token wallet frontend using ReactJS

Now, let's create a simple wallet app in react.js to manage tokens. The wallet will have the following functionalities:

  • It will allow the user to send ERC20 and ERC721 tokens.
  • It can mint new tokens if the address owner is the contract owner for the token. Minting issues new ERC20 or ERC721 tokens and credits them to any Ethereum account on the network.
  • It will approve an Ethereum account to spend the tokens on the user's behalf. Certain use cases and workflows might require the user account to approve or authorize an external party to debit their account and transfer tokens. The approve functionality allows us to achieve the same.

I am assuming that you will have a basic understanding of the React framework for this project. I'll be focusing on the sections where our app interacts with the token contracts. You...

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