Every year, the University of Connecticut School of Engineering partners with hundreds of industry leading companies and government agencies through the university’s Senior Design Program. Teams of 3-5 seniors, each mentored by an engineering department faculty member, collaborate with these entities by working on real world projects. Zap is currently working with a team of UConn seniors on the bleeding edge of decentralized finance and application development through education, experimentation, and the creation of them.
Zap Protocol provides a suite of smart contract templates for developers to easily create and deploy tokenized products and services in a fully decentralized way. Each template is powered by a bonding curve – a technology which uses algorithmic market making and an immutable pricing index to provide full liquidity. This solution eliminates the need for centralized exchanges and other third-party services when offering a redeemable token on the blockchain. Product/service providers and consumers can interact in a peer-to-peer digital marketplace to instantly exchange tokenized goods and services. A few use-cases include the monetization of data, decentralized fundraising & development bounties, tokenized equity in real estate, issuing an ERC-20 token, or tradable futures markets.
“This is a great opportunity for the computer science students and the financial-technology industry,” said Dr. Phillip G. Bradford, director of the Computer Science program at the UConn Stamford campus and faculty mentor for the Zap team. “This opportunity helps grow a strong talent pipeline in Connecticut, in general, and Stamford in particular.”
Every Senior Design project is a two-semester capstone required for all School of Engineering seniors to graduate. The project teaches students how to work collaboratively in a real-world setting and allows employers to gain first-hand experience with potential future employees who work on their project.
“The Zap Protocol and the development teams behind it are true industry leaders who work every day to build revolutionary software for decentralized finance and other applications,” said Nick Spanos, founder of Zap Protocol. “We are excited to partner with UConn’s School of Engineering to advance DeFi by developing and deploying oracles powered by bonding curve technology.”
Learn more about the Senior Design Project: https://seniordesign.engr.uconn.edu