What are the advantages of the CrowdForce platform?
I think the main advantage of CrowdForce is Access to Reliable Data, Access to Financial Services, Access to Cryptocurrencies.
Topic: 🔥🔥🔥 [ANN][ICO] CrowdForce 👍 👍 👍 - page 3. (Read 45749 times)
How does Crowdforce incorporate the blockchain technology?
Form what I read that CrowdForce is building up a offline distribution network of agent banks to help drive adoption of financial, digital and other inclusion services in the 3 billion unbanked and underbanked customer segments in emerging markets. These chain management will be done with the use of decentralized applications (DAPP) built up on the Ethereum Blockchain (and the CrowdForce Blockchain platform in the future) and users interactions will be governed by smart contracts. Crowdforce also plans to record Verified Agents data hashed function results to the Ethereum blockchain by batches, but store actual users data (scans, sensitive personal data) in a blockchain-based storage network like Storj , Filecoin or another equivalent blockchain. This similar scope of features is planned to be integrated for the consumers as well, as this gives the CrowdForce Platform an opportunity to set up a framework for Digital Identity solution in Africa and other emerging markets. Verified users will be able to prove their verified digital identity within CrowdForce Platform by signing messages from privately controlled Ethereum addresses and smart contracts integrated to the ecosystem. Besides Huobi, who else has a partnership with CrowdForce that has a contribution in the CrowdForce platform?
Because of their expertise and technology in the crypto industry, CrowdForce has managed to build partnerships with organizations such as Flashcoin, Tokenpals, and ICOBox. These organizations have contributed greatly to the CrowdForce platform, and their involvement is very helpful in helping them in the right direction. What are the advantages of the CrowdForce platform?
I think the main advantage of CrowdForce is Access to Reliable Data, Access to Financial Services, Access to Cryptocurrencies.
How will Crowdforce token be used?
There are various reasons why people in developing countries are reluctant to have bank accounts, and CrowdForce aims to resolve these doubts. In what ways did CrowdForce eliminate this doubt?
It seems that I have read about this before, there is explained that CrowdForce is trying to solve this problem by empowering their current local traders with their PayForceMobileApp which gave them the capacity to become bank agents in their area. What are the advantages of the CrowdForce platform?
I think the main advantage of CrowdForce is Access to Reliable Data, Access to Financial Services, Access to Cryptocurrencies.
What are the advantages of the CrowdForce platform?
Besides Huobi, who else has a partnership with CrowdForce that has a contribution in the CrowdForce platform?
How does Crowdforce incorporate the blockchain technology?
Are third parties still needed in developing this project?
It seems that it's needed, even after the launch, the model developed by the Company will depend entirely or partly on third parties to receive and implement certain functions, and to continue development, maintenance and support. Every existing project is usually created because of problems that do not have a solution, or want to provide new innovations in solving these problems from the results of research that has been observed and studied for a long time. If I may to know what has Crowdforce learned so that it wants to provide a solution by creating this project?
Crowdforce started on this journey three years ago when we identified one of the key problems facing emerging markets was a lack of reliable and verifiable data. Their CEO, Tomi Ayorinde during his speech regarding the challenges facing emerging markets at the United Nations in Geneva proposed to solve this problem through crowdsourcing. Emerging markets do not need large costly infrastructures which take years to build. They need smaller micro collections of humans and devices building trust and working together in a collaborative manner to bring everyone to the digital economy. That's what I got.The cryptocurrency business is indeed quite promising, especially if it gets a good response from users of digital assets. But regardless of all that, this business has a considerable level of risk. For CrowdForce itself what are the business risks they face and how to overcome them?
I have read about business risks discussed by CrowdForce, and the business risks they discuss include Risk of failure in development, Risk of insufficient implementation, Risk of dependence on third parties, Risk of loss of funds, and Risk of force majeure ("superior force"). But that's all I know so far, maybe for how CrowdForce is dealing with it, only the team knows better.
Are third parties still needed in developing this project?
What can make users of the Crowdforce platform have significant trust in this platform?
I think why users can have that trust because of the Crowdforce record system base becomes a blockchain. And the blockchain is the first successful implementation of the distributed ledger framework. On public block science, distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.
The cryptocurrency business is indeed quite promising, especially if it gets a good response from users of digital assets. But regardless of all that, this business has a considerable level of risk. For CrowdForce itself what are the business risks they face and how to overcome them?
What impact CrowdForce has on emerging markets?
The main key to bringing billions of consumers in emerging markets to the digital economy requires a human touch. What does the explanation mean?
As stated by the team in the whitepaper, bringing in billions of consumers in emerging markets to the digital economy requires a human touch. Therefore, the key is to provide incentives to local and trusted retail agents in each community to offer financial services. What payment methods are available?
Available payment methods ETH, BTC, LTC, XRP, and 70 other cryptocurrencies. What are the risks faced by CRF token holders?
There are several risk factors described by the team, among them Technical and Technological Risks Blockchain associated risks, the risk of hacking hackers or Tokens, the risk of hacking computers of the owners, loss of the password private keys, The risk is associated with new technologies, and changes in technologies in the future, and the risk of incompatibility service wallet.Jump to: