Developing the Platform for Running Letters of Credit on the Ethereum Blockchain

Student: Aliev Magomed

Educational Programme: Applied Mathematics and Information Science (Bachelor)

Year of Graduation: 2019

The blockchain market has been growing rapidly in recent years and is moving from the research to the application phase. Often such projects imply the use of only the basic set of real possibilities of technology and demonstrate already studied applied aspects - the implementation of financial instruments or primitive storage of information. In this paper, we have developed a service that implements the non-trivial use of blockchain - the transfer of contract-accreditation functionality into a decentralized and automated environment. At the initial stage, this project will be used to simplify relations between advertisers and executors, but it can also be scaled up to other variants of commercial relations. The most common patterns of classic client-server application development and tools specific to blockchain applications were used. Keywords: commercial development, project work, blockchain, Ethereum, Solidity, contract letter of credit.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses