Finishing Setting Up an Anchor, Federation Server and Smart Contract on the Stellar Network

Anchors are entities that people trust to hold their deposits and issue credits into the Stellar network for those deposits. All money transactions in the Stellar network (except lumens) occur in the form of credit issued by anchors, so anchors act as a bridge between existing currencies and the Stellar network.

Using the Stellar protocol, 2 organizations transacting together agree to use a stable coin as the bridge asset between any two fiat currencies. The stablecoin facilitates the trade and supplies important settlement instructions.

The institutions use their existing payment systems – connected to the Stellar API – to convert the first fiat currency into the stablecoin. Stellar then simultaneously converts the digital asset into the second fiat currency, completing the transaction. All transaction details are recorded onto the Stellar blockchain for clearing.

Our requirements on becoming an Anchor are as below.



[login to view URL]

(already established)

- stellar core installed successfully

- stellar node is up and running

federation server installed Stellar federation url HTTP endpoint installed by following the steps detailed at

[login to view URL]


- stellar api needs to be put online on an http url

-- stellar core not syncing

- Stellar node is installed but it is not accessible yet via http url


- A stellar wallet wallet and secret key needs to be set up.

- An issuing account used only for issuing and destroying assets needs to be set up

- A base/distribution account used to transact with other Stellar accounts needs to be set up. It holds a balance of assets issued by the issuing account.


We need an anchor created on the Stellar Network as per the attached document (Setting up a Stellar [login to view URL]) and as per the tutorial at:

[login to view URL]

That Anchor needs to be able to connect to Stellar wallets as per the attached document (How To Connect an Anchor Service to Stellar [login to view URL]) and as per the tutorial at:

[login to view URL]

A stellar federation server needs to be set up on our domain as per the attached document (Specifications of Required Smart [login to view URL]) the tutorial at:

[login to view URL]

(The Stellar federation protocol maps Stellar addresses to more information about a given user. It’s a way for Stellar client software to resolve email-like addresses such as name*

[login to view URL]

into account IDs like:

GCCVPYFOHY7ZB7557JKENAX62LUAPLMGIWNZJAFV2MITK6T32V37KEJU. Stellar addresses provide an easy way for users to share payment details by using a syntax that interoperates across different domains and providers)

After that a stellar smart contract needs to be set up on our domain as per the tutorial at:

[login to view URL]

The smart contract is for hotel booking. The smart contract have the cancellation policy coded inside, e.g. 24 hour free cancellation by the guest only. When the contract is outside the cancellation policy period, the contract executes code that sends payment over to the hotel to pay for the room from the Invoice Funders stablecoins pool.

The successful bidder would need to provide instructions on how to operate the Anchor, and to generate federated addresses and set up the smart contracts using the template they provide. Document attached on the type of smart contract that would need to be created

Skills: PHP, HTML

See more: list of stellar anchors, how to set up a stellar node, stellar compliance server, how to set up a stellar account, stellar address format, stellar payment api, stellar server, how to become a stellar anchor, setting website permissions linux server, setting ranked 2142 dedicated server, setting sam broadcaster shoutcast server, setting courier imap ubuntu server, community server project contract, setting windows based dedicated server, synchronize sql server smart device visual studio wifi, setting domain key mail server, setting internet radio web server, setting php mssql windows server 2003, setting automatic backup sql server 2005, setting backup routines sql server 2008 express

About the Employer:
( 2 reviews ) Cambridge, United Kingdom

Project ID: #21148751

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