liquidation details on blockchain

- Banker writes liquidation details on blockchain on successful liquidation
This commit is contained in:
sairajzero 2023-08-02 20:13:10 +05:30
parent 975e6acfc3
commit ffc9f2cef2

View File

@ -29,8 +29,8 @@
TYPE_REFUND_COLLATERAL_ACK = "type_refund_collateral_ack",
TYPE_LIQUATE_COLLATERAL_REQUEST = "type_liquate_collateral_request",
TYPE_LIQUATE_COLLATERAL_ACK = "type_liquate_collateral_ack",
TYPE_PRELIQUATE_COLLATERAL_REQUEST = "type_preliquate_collateral_request";
TYPE_PRELIQUATE_COLLATERAL_ACK = "type_preliquate_collateral_ack";
TYPE_PRELIQUATE_COLLATERAL_REQUEST = "type_preliquate_collateral_request",
TYPE_PRELIQUATE_COLLATERAL_ACK = "type_preliquate_collateral_ack";
const POLICIES = {}, LOANS = {};
const owned_collateral_locks = {};
@ -255,7 +255,9 @@
if (t.data.startsWith(LOAN_DETAILS_IDENTIFIER))
p.push(validateAndStoreLoanOpenDetails(t));
else if (t.data.includes(LOAN_CLOSING_IDENTIFIER))
p.push(validateAndStoreLoanCloseDetails(t))
p.push(validateAndStoreLoanCloseDetails(t));
else if (t.data.includes(LOAN_FAILURE_IDENTIFIER) && t.senders.has(BANKER_ID)) //Failure data can only be sent by banker
p.push(validateAndStoreLoanFailDetails(t));
}
p.push(compactIDB.writeData("lastTx", result.lastItem, LASTTX_IDB_KEY));
Promise.all(p).then(_ => {
@ -305,6 +307,27 @@
})
}
function validateAndStoreLoanFailDetails(t) {
return new Promise((resolve, reject) => {
if (!t.senders.has(BANKER_ID)) //Data not authorised by banker, abort
return resolve(null);
let failure_details = parseLoanFailData(t.data, t.txid, t.time);
compactIDB.readData("loans", failure_details.loan_id).then(loan_details => {
if (!loan_details) {
console.warn(`Loan#${failure_details.loan_id} not found in local DB`)
return resolve(null);
}
validateLoanFailure(loan_details, failure_details).then(result => {
let loan_id = loan_details.loan_id;
Object.assign(loan_details, failure_details);
compactIDB.writeData("loans", loan_details, loan_id)
.then(result => resolve(result))
.catch(error => reject(error))
}).catch(_ => resolve(null)) //validation fails, no need to reject DB write
}).catch(error => reject(error))
})
}
//Policy details
const LOAN_POLICY_IDENTIFIER = APP_IDENTIFIER + ":Loan policy";
function stringifyPolicyData(duration, interest, pre_liquidation_threshold, loan_collateral_ratio) {
@ -403,7 +426,7 @@
"CoBorrower:" + floCrypto.toFloID(coborrower),
"CollateralValue:" + collateral_value + "BTC",
"CollateralLock:" + collateral_lock_id,
"BTC price:" + btc_start_rate + "USD",
"BTC rate:" + btc_start_rate + "USD",
"Lender:" + floCrypto.toFloID(lender),
"TokenTransfer:" + loan_transfer_id,
"Signature-L:" + lender_sign
@ -431,7 +454,7 @@
case "CoBorrower": details.coborrower = d[1]; break;
case "CollateralValue": details.collateral_value = parseFloat(d[1]); break;
case "CollateralLock": details.collateral_lock_id = d[1]; break;
case "BTC price": details.btc_start_rate = parseFloat(d[1]); break;
case "BTC price": case "BTC rate": details.btc_start_rate = parseFloat(d[1]); break;
case "Lender": details.lender = d[1]; break;
case "TokenTransfer": details.loan_transfer_id = d[1]; break;
case "Signature-L": details.lender_sign = d[1]; break;
@ -594,6 +617,66 @@
})
}
//Loan failure can only be written by Trusted banker (T)
const LOAN_FAILURE_IDENTIFIER = APP_IDENTIFIER + ":Loan failure";
function stringifyLoanFailData(loan_id, liquidation_id, btc_liquid_rate, lender, liquidation_sign) {
return [
LOAN_FAILURE_IDENTIFIER,
"Lender:" + floCrypto.toFloID(lender),
"Loan ID:" + loan_id,
"Liquidation:" + liquidation_id,
"BTC rate:" + btc_liquid_rate + "USD",
"Signature:" + liquidation_sign
].join('|');
}
function parseLoanFailData(str, txid, tx_time) {
let splits = str.split('|');
if (splits[0] !== LOAN_FAILURE_IDENTIFIER) //splits[0] will be token transfer
throw "Invalid Loan failure data";
var details = { fail_id: txid, fail_time: tx_time * 1000 }; //s to ms
splits.forEach(s => {
let d = s.split(':');
switch (d[0]) {
case "Lender": details.lender = d[1]; break;
case "Loan ID": details.loan_id = d[1]; break;
case "Liquidation": details.liquidation_id = d[1]; break;
case "BTC rate": details.btc_liquid_rate = parseFloat(d[1]); break;
case "Signature": details.liquidation_sign = d[1]; break;
}
});
return details;
}
const getLoanFailure = btcMortgage.getLoanFailure = function (loan_id, failure_txid) {
return new Promise((resolve, reject) => {
floBlockchainAPI.getTx(failure_txid).then(tx => {
let failure_details = parseLoanFailData(tx.floData, tx.txid, tx.time);
if (loan_id !== failure_details.loan_id)
return reject("Failure doesnot match the loan ID")
getLoanDetails(failure_details.loan_id).then(loan_details => {
validateLoanFailure(loan_details, failure_details)
.then(result => resolve(Object.assign(loan_details, failure_details)))
.catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
})
}
const validateLoanFailure = btcMortgage.validateLoanFailure = function (loan_details, failure_details) {
return new Promise((resolve, reject) => {
if (failure_details.loan_id !== loan_details.loan_id)
return reject("Failure doesnot belong to this loan")
if (!floCrypto.validateFloID(failure_details.lender))
return reject("Invalid lender floID");
if (failure_details.lender != loan_details.lender)
return reject("Lender ID is different");
if (!verify_liquidationSign(failure_details.liquidation_sign, failure_details.lender, failure_details.loan_id, loan_details.lender_sign, failure_details.btc_liquid_rate))
return reject("Invalid closing signature");
resolve(true)
})
}
/*Signature and verification */
function sign_borrower(privKey, loan_amount, policy_id, coborrower, lender) {
let borrower_floID = floCrypto.toFloID(floDapps.user.id),
@ -758,11 +841,47 @@
else return false;
}
//Signed by lender when requesting liquidation
const LIQUIDATE_IDENTIFIER = "liquidate";
function sign_liquidation(privKey, loan_id, btc_liquid_rate, lender_sign) {
let lender_floID = floCrypto.toFloID(floDapps.user.id)
//validate values before signing
if (!floCrypto.verifyPrivKey(privKey, lender_floID))
throw "Invalid Private key for lender";
if (typeof loan_id !== 'string' || !TXID_REGEX.test(loan_id))
throw "Invalid loan id";
//sign the value-data
let timestamp = Date.now();
let doc_array = [timestamp, LIQUIDATE_IDENTIFIER, loan_id, lender_sign, btc_liquid_rate];
let sign_part = floCrypto.signData(doc_array.join("|"), privKey);
let pubKey = floCrypto.getPubKeyHex(privKey);
let liquidation_sign = [pubKey, sign_part, timestamp].join(".")
return liquidation_sign;
}
function verify_liquidationSign(liquidation_sign, lender, loan_id, lender_sign, btc_liquid_rate) {
//split the signature part
let sign_splits = liquidation_sign.split('.');
let lender_pubKey = sign_splits[0],
sign_part = sign_splits[1],
timestamp = sign_splits[2];
//validate values
if (!floCrypto.verifyPubKey(lender_pubKey, lender))
throw "Invalid public key";
//verify the signature
let doc_array = [timestamp, LIQUIDATE_IDENTIFIER, loan_id, lender_sign, btc_liquid_rate];
if (floCrypto.verifySign(doc_array.join("|"), sign_part, lender_pubKey))
return timestamp;
else return false;
}
btcMortgage.verify = {
borrower_sign: verify_borrowerSign,
coborrower_sign: verify_coborrowerSign,
lender_sign: verify_lenderSign,
closing_sign: verify_closingSign
closing_sign: verify_closingSign,
liquidation_sign: verify_liquidationSign
}
const validateRequest = btcMortgage.validateRequest = {};
@ -1340,14 +1459,20 @@
let due_amount = calcDueAmount(loan_details.loan_amount, loan_details.policy_id, loan_details.open_time)
//create tx hex for liquidation and send to banker
let coborrower_pubKey = extractPubKeyFromSign(loan_details.coborrower_sign);
createLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, due_amount, privKey).then(txHex => {
floCloudAPI.sendApplicationData({
loan_id, liquidate_tx_hex: txHex
}, TYPE_LIQUATE_COLLATERAL_REQUEST)
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
getRate["BTC"]().then(rate => {
let liquidate_amount = toFixedDecimal(due_amount / rate); //USD to BTC
createLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, liquidate_amount, privKey).then(txHex => {
let liquidation_sign = sign_liquidation(privKey, loan_id, rate, loan_details.lender_sign)
floCloudAPI.sendApplicationData({
borrower, coborrower, lender,
loan_id, liquidation_sign, btc_liquid_rate: rate,
liquidate_tx_hex: txHex
}, TYPE_LIQUATE_COLLATERAL_REQUEST)
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
})
@ -1356,22 +1481,34 @@
btcMortgage.banker.liquateCollateral = function (collateral_liquate_req_id, privKey) {
return new Promise((resolve, reject) => {
validate_liquateCollateral_request(collateral_liquate_req_id).then(result => {
let { loan_details, liquidate_tx_hex } = result;
let { loan_details, liquidate_tx_hex, btc_liquid_rate, liquidation_sign } = result;
//calculate due amount
let due_amount = calcDueAmount(loan_details.loan_amount, loan_details.policy_id, loan_details.open_time)
//sign
//sign btc tx
let coborrower_pubKey = extractPubKeyFromSign(loan_details.coborrower_sign);
let lender_pubKey = extractPubKeyFromSign(loan_details.lender_sign);
getRate["BTC"]().then(rate => {
due_amount = toFixedDecimal(due_amount / rate); //USD to BTC
signLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, liquidate_tx_hex, due_amount, privKey).then(txHex => {
floCloudAPI.sendApplicationData({
loan_id, liquidate_tx_hex: txHex
}, TYPE_LIQUATE_COLLATERAL_ACK)
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
getRate["BTC"]().then(cur_rate => {
if (cur_rate < btc_liquid_rate * ALLOWED_DEVIATION || cur_rate * ALLOWED_DEVIATION > btc_liquid_rate)
return reject(RequestValidationError(TYPE_LIQUATE_COLLATERAL_REQUEST, "BTC rate has reduced beyond allowed threshold"))
let liquidate_amount = toFixedDecimal(due_amount / rate); //USD to BTC
signLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, liquidate_tx_hex, liquidate_amount, privKey).then(signed_tx_hex => {
btcOperator.broadcastTx(signed_tx_hex).then(liquidation_id => {
//write loan failure data in FLO blockchain
let loan_failure_data = stringifyLoanFailData(loan_details.loan_id, liquidation_id, btc_liquid_rate, loan_details.lender, liquidation_sign);
let receivers = [loan_details.borrower, loan_details.coborrower, loan_details.lender].map(addr => floCrypto.toFloID(addr));
floBlockchainAPI.writeDataMultiple([privKey], loan_failure_data, receivers).then(fail_ack_id => {
floCloudAPI.sendApplicationData({
collateral_liquate_req_id, liquidation_id, fail_ack_id
}, TYPE_LIQUATE_COLLATERAL_ACK, { receiverID: loan_details.lender })
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
}).catch(error => {
compactIDB.writeData("fail_safe", loan_blockchain_data, token_txid); //fail-safe mech if token is transfered but details not added to blockchain. this helps to retry fail-safe
reject({ error, fail_safe: token_txid })
})
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
@ -1384,14 +1521,16 @@
collateral_liquate_req = collateral_liquate_req[collateral_liquate_req_id];
if (!collateral_liquate_req)
return reject(RequestValidationError(TYPE_LIQUATE_COLLATERAL_REQUEST, "request not found"));
let { loan_id, liquidate_tx_hex } = collateral_liquate_req.message;
let { loan_id, liquidation_sign, btc_liquid_rate, liquidate_tx_hex } = collateral_liquate_req.message;
getLoanDetails(loan_id).then(loan_details => {
if (!floCrypto.isSameAddr(loan_details.lender, collateral_liquate_req.senderID))
return reject(RequestValidationError(TYPE_LIQUATE_COLLATERAL_REQUEST, "request not sent by lender"));
checkIfLoanClosed(loan, loan_details.borrower, loan_details.lender).then(close_id => {
if (close_id) //close loan data found
if (!verify_liquidationSign(liquidation_sign, loan_details.lender, loan_id, loan_details.lender_sign, btc_liquid_rate))
return reject("Invalid liquiadtion signature");
checkIfLoanClosedFailed(loan, loan_details.borrower, loan_details.lender).then(result => {
if (result) //close/fail loan data found
return reject(RequestValidationError(TYPE_LIQUATE_COLLATERAL_REQUEST, "Loan already closed"));
else resolve({ loan_details, liquidate_tx_hex });
else resolve({ loan_details, liquidate_tx_hex, btc_liquid_rate, liquidation_sign });
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
@ -1416,14 +1555,19 @@
let due_amount = calcDueAmount(loan_details.loan_amount, loan_details.policy_id, loan_details.open_time)
//create tx hex for liquidation and send to banker
let coborrower_pubKey = extractPubKeyFromSign(loan_details.coborrower_sign);
createLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, due_amount, privKey).then(txHex => {
floCloudAPI.sendApplicationData({
loan_id, liquidate_tx_hex: txHex
}, TYPE_PRELIQUATE_COLLATERAL_REQUEST)
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
getRate["BTC"]().then(rate => {
let liquidate_amount = toFixedDecimal(due_amount / rate); //USD to BTC
createLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, liquidate_amount, privKey).then(txHex => {
let liquidation_sign = sign_liquidation(privKey, loan_id, rate, loan_details.lender_sign)
floCloudAPI.sendApplicationData({
loan_id, liquidation_sign,
liquidate_tx_hex: txHex
}, TYPE_PRELIQUATE_COLLATERAL_REQUEST)
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
@ -1433,22 +1577,34 @@
btcMortgage.banker.preliquateCollateral = function (collateral_preliquate_req_id, privKey) {
return new Promise((resolve, reject) => {
validate_preliquateCollateral_request(collateral_preliquate_req_id).then(result => {
let { loan_details, liquidate_tx_hex } = result;
let { loan_details, liquidate_tx_hex, btc_liquid_rate, liquidation_sign } = result;
//calculate due amount
let due_amount = calcDueAmount(loan_details.loan_amount, loan_details.policy_id, loan_details.open_time)
//sign
//sign the btc tx
let coborrower_pubKey = extractPubKeyFromSign(loan_details.coborrower_sign);
let lender_pubKey = extractPubKeyFromSign(loan_details.lender_sign);
getRate["BTC"]().then(rate => {
due_amount = toFixedDecimal(due_amount / rate); //USD to BTC
signLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, liquidate_tx_hex, due_amount, privKey).then(txHex => {
floCloudAPI.sendApplicationData({
loan_id, liquidate_tx_hex: txHex
}, TYPE_PRELIQUATE_COLLATERAL_ACK)
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
if (cur_rate < btc_liquid_rate * ALLOWED_DEVIATION || cur_rate * ALLOWED_DEVIATION > btc_liquid_rate)
return reject(RequestValidationError(TYPE_LIQUATE_COLLATERAL_REQUEST, "BTC rate has reduced beyond allowed threshold"))
let liquidate_amount = toFixedDecimal(due_amount / rate); //USD to BTC
signLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, loan_details.collateral_lock_id, liquidate_tx_hex, liquidate_amount, privKey).then(signed_tx_hex => {
btcOperator.broadcastTx(signed_tx_hex).then(liquidation_id => {
//write loan failure data in FLO blockchain
let loan_failure_data = stringifyLoanFailData(loan_details.loan_id, liquidation_id, btc_liquid_rate, loan_details.lender, liquidation_sign);
let receivers = [loan_details.borrower, loan_details.coborrower, loan_details.lender].map(addr => floCrypto.toFloID(addr));
floBlockchainAPI.writeDataMultiple([privKey], loan_failure_data, receivers).then(fail_ack_id => {
floCloudAPI.sendApplicationData({
collateral_liquate_req_id, liquidation_id, fail_ack_id
}, TYPE_LIQUATE_COLLATERAL_ACK, { receiverID: loan_details.lender })
.then(result => {
compactIDB.addData("outbox", result, result.vectorClock);
resolve(result);
}).catch(error => reject(error))
}).catch(error => {
compactIDB.writeData("fail_safe", loan_blockchain_data, token_txid); //fail-safe mech if token is transfered but details not added to blockchain. this helps to retry fail-safe
reject({ error, fail_safe: token_txid })
})
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
@ -1461,12 +1617,14 @@
collateral_preliquate_req = collateral_preliquate_req[collateral_preliquate_req_id];
if (!collateral_preliquate_req)
return reject(RequestValidationError(TYPE_PRELIQUATE_COLLATERAL_REQUEST, "request not found"));
let { loan_id, liquidate_tx_hex } = collateral_preliquate_req.message;
let { loan_id, liquidation_sign, btc_liquid_rate, liquidate_tx_hex } = collateral_preliquate_req.message;
getLoanDetails(loan_id).then(loan_details => {
if (!floCrypto.isSameAddr(loan_details.lender, collateral_preliquate_req.senderID))
return reject(RequestValidationError(TYPE_PRELIQUATE_COLLATERAL_REQUEST, "request not sent by lender"));
checkIfLoanClosed(loan, loan_details.borrower, loan_details.lender).then(close_id => {
if (close_id) //close loan data found
if (!verify_liquidationSign(liquidation_sign, loan_details.lender, loan_id, loan_details.lender_sign, btc_liquid_rate))
return reject("Invalid liquiadtion signature");
checkIfLoanClosedFailed(loan, loan_details.borrower, loan_details.lender).then(result => {
if (result) //close/fail loan data found
return reject(RequestValidationError(TYPE_PRELIQUATE_COLLATERAL_REQUEST, "Loan already closed"));
let policy = POLICIES[loan_details.policy_id];
if (isNaN(policy.pre_liquidation_threshold))
@ -1477,7 +1635,7 @@
let current_rate_ratio = calcRateRatio(cur_btc_rate, loan_details.btc_start_rate)
if (current_rate_ratio > policy.pre_liquidation_threshold)
return reject(RequestValidationError(TYPE_PRELIQUATE_COLLATERAL_REQUEST, "BTC rate hasn't dropped beyond threshold"));
resolve({ loan_details, liquidate_tx_hex });
resolve({ loan_details, liquidate_tx_hex, btc_liquid_rate, liquidation_sign });
}).catch(error => reject(error))
}).catch(error => reject(error))
}).catch(error => reject(error))
@ -1485,7 +1643,7 @@
})
}
function createLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, collateral_lock_id, due_amount, privKey) {
function createLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, collateral_lock_id, liquidate_amount, privKey) {
return new Promise((resolve, reject) => {
//find locker, pubkeys and ids
let locker = findLocker(coborrower_pubKey, lender_pubKey),
@ -1524,7 +1682,6 @@
});
total_input_value = btcOperator.util.Sat_to_BTC(total_input_value); //convert from satoshi to BTC
//add output
let liquidate_amount = due_amount / fee_rate; //convert due amount to equivalent BTC amount
tx.addoutput(lender_btcID, liquidate_amount - fee_estimate);
console.debug("LIQUIDATE", total_input_value, liquidate_amount, fee_estimate)
if (liquidate_amount < total_input_value) { //return remaining of collateral to collateral owner(coborrower)
@ -1540,7 +1697,7 @@
})
}
function signLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, collateral_lock_id, unlock_tx_hex, due_amount, privKey) {
function signLiquidateCollateralTxHex(coborrower_pubKey, lender_pubKey, collateral_lock_id, unlock_tx_hex, liquidate_amount, privKey) {
return new Promise((resolve, reject) => {
//find locker, pubkeys and ids
let locker = findLocker(coborrower_pubKey, lender_pubKey),
@ -1563,7 +1720,7 @@
if (tx.ins.length != collateral_utxos.length)
return reject("Transaction hex doesnot contain full collateral as input")
//check output
let return_amount = total_collateral_value - due_amount;
let return_amount = total_collateral_value - liquidate_amount;
if (return_amount > 0) {
let return_outpts_amount = tx.outs.filter(o => spendScriptToAddress(o.script) == coborrower_btcID).reduce((a, o) => a += o.value, 0)
return_outpts_amount = btcOperator.util.Sat_to_BTC(return_outpts_amount);
@ -1593,11 +1750,28 @@
return address;
}
function checkIfLoanClosedFailed(loan_id, borrower, lender) {
return new Promise((resolve, reject) => {
//check if loan is closed
checkIfLoanClosed(loan_id, borrower, lender).then(result => {
if (result) //loan closed
return resolve(result);
//check if loan has failed
checkIfLoanFailed(loan_id, borrower).then(result => {
if (result) //loan failed
return resolve(result);
else
resolve(false); //loan is active (ie, not closed, not failed)
}).catch(error => reject(error))
}).catch(error => reject(error))
})
}
function checkIfLoanClosed(loan_id, borrower, lender) {
return new Promise((resolve, reject) => {
var query_options = { sentOnly: true, tx: true, receivers: [floCrypto.toFloID(lender)] };
let filter = d => {
if (!d.startsWith(LOAN_CLOSING_IDENTIFIER))
if (!d.includes(LOAN_CLOSING_IDENTIFIER))
return false;
let closing_details = parseLoanCloseData(d);
return closing_details.loan_id === loan_id;
@ -1606,8 +1780,31 @@
if (result.item) {
let close_id = result.item.txid
getLoanClosing(loan_id, close_id).then(loan_details => {
//loan already close, reject this request for preliquidate
resolve(loan_details)
//loan already closed
resolve(close_id)
}).catch(error => reject(error))
}
else resolve(false);
}).catch(error => reject(error))
})
}
function checkIfLoanFailed(loan_id, borrower) {
return new Promise((resolve, reject) => {
//sender is BANKER for this data
var query_options = { sentOnly: true, tx: true, receivers: [floCrypto.toFloID(borrower)] };
let filter = d => {
if (!d.startsWith(LOAN_FAILURE_IDENTIFIER))
return false;
let failure_details = parseLoanFailData(d);
return failure_details.loan_id === loan_id;
}
floBlockchainAPI.getLatestData(BANKER_ID, filter, query_options).then(result => {
if (result.item) {
let fail_id = result.item.txid;
getLoanFailure(loan_id, fail_id).then(loan_details => {
//loan already failed
resolve(fail_id)
}).catch(error => reject(error))
}
else resolve(false);