Decentralized P2P Lending Platform Using Block-chain: Design and Implementation.

Traditional financial systems face significant limitations in transparency and accessibility, particularly in lending operations where centralized intermediaries create barriers for underserved populations. This paper presents the design and implementation of a decentralized peer-to-peer (P2P) lending platform built on blockchain technology, utilizing Solidity smart contracts deployed via Hardhat and a React-based frontend interface. The platform addresses fundamental challenges in traditional lending through automated loan requests, transparent funding mechanisms, and trustless smart contract enforcement of agreements. A key innovation lies in the implementation of a dynamic reputation system that incentivizes timely repayments and promotes trust among anonymous participants. The system demonstrates how blockchain technology can create a more equitable and efficient lending ecosystem by eliminating intermediaries, reducing operational costs, and providing global accessibility through cryptocurrency-based transactions. Evaluation results show successful implementation of core lending functionalities with enhanced transparency and reduced processing times compared to traditional lending systems.