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Development of a Blockchain-Based Treasury Proposal Management Platform for Substrate Networks

brightinventions.pl

Information technology

Financial services

Business services

Challenges in Managing Treasury Grant Proposals on Substrate Blockchains

Substrate-based networks like Polkadot and Kusama lacked an efficient, standardized system for submitting and managing treasury grant proposals, leading to operational inefficiencies and limited transparency in fund allocation processes.

About the Client

A technology solutions company specializing in blockchain and web application development for decentralized networks.

Key Goals for Treasury Proposal Platform Development

Create a user-friendly interface for proposal submission and management
Enable secure integration with Substrate blockchain networks
Streamline governance workflows for treasury fund allocation
Enhance transparency and auditability of proposal lifecycle stages

Core System Capabilities and Features

Decentralized identity authentication for proposers
Proposal creation wizard with budgeting templates
On-chain data synchronization with Substrate networks
Real-time proposal status tracking dashboard
Voting interface for council members
Automated compliance validation rules

Technology Stack Requirements

React.js for frontend interface

Node.js with Express framework

Rust-based Substrate blockchain integration

Polkadot.js API libraries

PostgreSQL for relational data storage

Critical System Integrations

Polkadot and Kusama network APIs
Blockchain wallet services (e.g., Polkadot{.js} Extension)
Decentralized identity verification systems
Analytics dashboard integration (e.g., Grafana)

System Quality Attributes

Blockchain network latency tolerance (<2s response time)
High-availability architecture (99.9% uptime SLA)
End-to-end encryption for sensitive proposal data
Scalable infrastructure supporting 10,000+ concurrent proposals
Compliance with Substrate blockchain governance standards

Anticipated Business and Ecosystem Benefits

The platform will standardize treasury management across Substrate networks, reducing proposal processing time by 60% while increasing community participation in governance by enabling transparent, data-driven decision-making for fund allocation.