Ever invested in the stock market while living in India? Let me tell you, it's not exactly a walk in the park. In India, we have an excellent payment infrastructure called UPI (Unified Payments Interface) that many countries are eager to adopt. UPI, combined with the numerous brokers in the Indian market, has made investing more accessible. People can start investing with small amounts in very little time.
However, for those in India who want to invest in the US market, it's a different story. Wiring money to a US trading account and withdrawing it can be time-consuming. That's where Frivet comes in as an interesting solution. Leveraging the power of Web3 and UPI, we introduce tokens that match the price of US stocks—for example, Tesla. This allows people in India to buy tokens at the same price as the corresponding Tesla stock. They can deposit money into their account using UPI, and if they decide to withdraw, the funds can be transferred instantly.
Here is the Final build of the app.
In the competitive and innovative field of web3, At Frivet, I worked there for 2 weeks as a freelancer. I helped Frivet to set up their design language and system for the development of their mobile application.