Please describe your proposed solution.
Our cooperative dApp will help prohibit corruption and make it possible for cooperative members to have a fair payment system, where all members have a saying and are able to agree on financial decision making.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Before transactions go trough they will be frozen until members of the cooperative have agreed and accepted the transaction. The dApp will serve as a tool for this and works as a transparent ledger.This ensures all members have to agree and receives a fair share of the value as upon agreement.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The risk is corruption within the cooperative and we will avoid this using smart contracts and a third party payment system where members get a notice in the dApp that they sign to accept the transaction as agreed on.