Remittances to and within Africa are expensive and slow. For instance, the average cost of a remittance to Africa is about 9%, and it can take several days for the money to arrive. This is a major problem for Africans who rely on remittances from family and friends living abroad. Blockchain has enabled users to invest, purchase, and send money via cryptocurrencies. Therefore, there is a potential for individuals to send money in the form of cryptocurrencies.
The aim of this project is to build a simple web based application that compares the cost of remittance using cryptocurrency as opposed to sending money using the ‘traditional’ method (e.g. World Remit, Wise, Moneygram, etc)
-
It is highlty recommended that you create a Python Virtual Environment before installing dependencies and running the server locally.
-
To run the python server locally, first install the following Python packages:
pip install fastapi[all]
-
Next run
uvicorn main:appto start the server locally. -
Once the server is running, navigate to
http://127.0.0.1:8000/docs#/, as this opens an interactive FAST API docs for this project.