Wave 2 Intent - 4:
Expand the Cartesi Design Space: Highlight clear use case for Cartesi as a co-processor
Overview:
Cartesi VM is a modular blockchain execution layer that can be delivered on different architectures depending on its necessity and use-case requirements. One of our VM’s delivery methods is to act as a co-processor.
A co-processor is a mechanism that allows a smart contract to offload complex computations to an external system and retrieve the computed results back onto the blockchain, they offload complex tasks, ensuring transparency and trust through verifiable computation
In Cartesi´s case, our co-processor uses as security guarantees from Eigenlayer infrastructure and through our VM it´s we deliver an environment capable of running generic programs to support, with heavier computation and complex programming, existent smart contracts deployed on the blockchains, which by nature are limited on its capabilities due to blockchain constrains.
This RFP aims to create a financial co-processor for risk management.
Solution:
Develop a set of financial risk calculators that handle different types of customer data for risk assessment. The implementation should include a few options for risk model to be used as a choice from the main application
This co-processor must be built to interact with baselayer financial dApps such as lending protocols
- Implement a co-processor with 3-4 options of risk calculation methodologies and the possibility to receive different types of data inputs to have risk calculated
- Support option for baselayer application choose which risk model to use
The financial risk calculator co-processor should be capable of receiving requests from different applications on the base layer
Team Qualifications:
The team must have proven expertise in developing production-ready backend services and executables and experience in developing decentralized financial applications, preferably interconnected with the traditional finance system