https://github.com/openbankproject/teuro
TEuro
https://github.com/openbankproject/teuro
Last synced: about 1 year ago
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TEuro
- Host: GitHub
- URL: https://github.com/openbankproject/teuro
- Owner: OpenBankProject
- License: agpl-3.0
- Created: 2022-02-15T15:49:03.000Z (over 4 years ago)
- Default Branch: main
- Last Pushed: 2024-01-06T18:19:14.000Z (over 2 years ago)
- Last Synced: 2025-04-13T21:07:26.073Z (about 1 year ago)
- Language: Solidity
- Homepage:
- Size: 142 KB
- Stars: 3
- Watchers: 4
- Forks: 2
- Open Issues: 0
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Metadata Files:
- Readme: README.md
- License: LICENSE
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README
# TEURO
Copyright (C) 2022 - 2024 TESOBE GmbH
# Rationale
Create a blockchain stable coin who’s full and complete ownership graph is forever transparent and traceable to KYC’d legal persons or entities.
Why: Reduce corruption and create networks of values.
# Status
The codebase is **Work in Progress!** We don't yet have any code for stable issuing or proof of reserve.
# Properties
* TEuros can only be transferred between addresses that have confirmed Know Your Customer (KYC) information.
* The KYC information of addresses are validated by certified institutions such as large banks or national ID schemes.
* Each transaction records the KYC information (legal name) of both the from and to address at the time of the transaction
* The number of TEuros will be variable and will match Euros reserves i.e. Euros in Bank accounts (or other Euro Stable coins?). The quantity will start small.
* The value of a TEuro will be pegged to the Euro
# Code
This module contains three packages that enable the full functionalities for the token.
The packages are divided as follows:
1. **api-package**: Which defines a mock API to mimick what an identity provider would offer.
2. **contract-package**: Which contains the smart contracts for the token.
3. **airnode-package**: Which contains the airnode definition and the tools to deploy it.
For more details about each package read the README.md file in each of them.