Deonorla/Ajo.Save

Africa's oldest financial system insured. # 🏦 AJO.SAVE - Decentralized ROSCA Protocol on Hedera # Track - Onchain Finance & Real-World Assets (RWA) > **Bringing traditional African savings circles (Ajo/Esusu) to Web3 with 90%+ cost reduction using Hedera's native services** --- ## 📋 Table of Contents - Project Links - Project Overview - Hedera Integration Summary - Architecture Diagram - Key Features - Deployed Hedera IDs - Setup & Installation - Running the Application - Smart Contract Architecture - Demo & Testing - Economic Model - Project Links - Team --- ## Project Links **Hedera Certification link:** Certificate **Pitch Deck link:** Pitch deck --- ## 🎯 Project Overview **Track:** Onchain Finance & Real-World Assets (RWA) **Problem:** Traditional African savings circles (ROSCAs) rely on trust and face scalability issues. Existing blockchain solutions are too expensive (Ethereum gas fees) or require complex infrastructure. **Solution:** AJO.SAVE leverages Hedera's unique combination of **HTS (token management)**, **HCS (governance)**, and **HSS (automation)** to create a production-ready ROSCA protocol with 90%+ lower operational costs compared to Ethereum. **Impact:** Enables financial inclusion for 500M+ unbanked Africans through familiar savings circles, now with blockchain transparency, collateralized security, and automated execution. --- ## 🔗 Hedera Integration Summary AJO.SAVE is built **exclusively on Hedera**, using all three major Hedera Services to create a fully integrated DeFi protocol. Here's how each service is critical to our solution: ### 1. **Hedera Token Service (HTS)** - Treasury & Distribution Layer **Why HTS:** We use official Circle USDC and Hedera WHBAR tokens because HTS provides **native token association at $0.001** compared to Ethereum's $20+ ERC-20 operations. This 95% cost reduction is essential for serving low-income users making $2-5 daily payments. **Transaction Types Executed:** - `AccountAllowanceApproveTransaction` - Token spending approval (repla …