Elix Mobile — Functional Loan Activation

ELIX
Startups & Venture Capital
1 min readNov 21, 2017

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This week, we continued improving our app and smart contracts. Firstly, we made a considerable number of touch-ups within the app. For example, we cleaned up the UI of the Contact and Wallet pages, and completely removed any dummy data. We plan to have the blank space in the Wallet page fill up over time with recent Ether and token transactions (loan info won’t be posted in the wallet page).

We’re also making great progress on the My Ledger page. In the video demo, we show a lender accepting a loan request. After the lender accepts the loan, you can see that the balance of the lender decreases by the loan amount, since the smart contract moves that amount from the lender to borrower address.

Substantial improvements have also been made in our smart contracts. We are currently in the process of testing the contracts. We anticipate putting contracts on the mainnet with black box functionality at some point, possibly as a demo. As of this week, we’ve also completed the converter contract. We’ll be testing these out thoroughly over the next few weeks.

Take a look at the demo video below, showcasing our recent progress:

Be sure to checkout our website as well as connect to our social media on Reddit, Twitter, Discord, and Telegram. If you have any questions, let us know and we’d be glad to help clear things up!

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