the idea is a good approach on a needed solution but as i see the possibility and opportunity.... unfortunately this project is much bigger then what this team can imagine... if we were talking only one city and they seriously ran a good campaign to increase the adoption of the project... then lets say 50 vendors would say yes in a small town of lets say 200000 people...!
put this on a global scale and start to imagine what it would take? so instead of vendors lets say remittance only... take 1 town for every 500 miles radius and how many are we talking about on a global basis? now how many people will travel 500 miles to get their cash?
get the idea?
Topic: Bitcoin halving reports - page 19. (Read 29191 times)
not explain spefication coin dev
for OP i sugn up your walllet for testing some feature
0x9f4b9cdeabb59ed136af46ea6c7a1350f9aba05f
is this your real office???
hmm interesting
Yes, it is real address. We are looking for a bigger office now so it will change next month. But if you are in Bangkok. please stop by to say Hi.
if there is a crowdsale with big bonus in start invesment i will join
better to watch until get more info now
better to watch until get more info now
Reserving polish translation.
Project and your portfolio looks great!
Any info about ICO? Are tokens based on ETH? What is the token limit? Will ICO be capped?
Can we see a whitepaper?
Waiting for more news.
Project and your portfolio looks great!
Any info about ICO? Are tokens based on ETH? What is the token limit? Will ICO be capped?
Can we see a whitepaper?
Waiting for more news.
The idea is very good, I am involved in the microfinance sector and have more than enough experience in remittance from Europe to SE Asia too. I can see possibility for your service.
I would have a few questions which I couldn't find on your site (I might skipped them)
Which country do you operate?
Where do you provide microfinance and remittance service (or planning in the near future)?
Do you already has an operational base in one of the developing countries and now you would like to raise capital for further expansion or you just have the model without any operational income?
If you already have filed operation, where can I check your company registration and financial audits?
On your site, there are only a few of your members actually seems to have connection to emerging markets. Most of them only have extensive experience in finance and software engineering. How do you acquired the necessary experience to operate?
Thank you for the time to read.
I would have a few questions which I couldn't find on your site (I might skipped them)
Which country do you operate?
Where do you provide microfinance and remittance service (or planning in the near future)?
Do you already has an operational base in one of the developing countries and now you would like to raise capital for further expansion or you just have the model without any operational income?
If you already have filed operation, where can I check your company registration and financial audits?
On your site, there are only a few of your members actually seems to have connection to emerging markets. Most of them only have extensive experience in finance and software engineering. How do you acquired the necessary experience to operate?
Thank you for the time to read.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
It sounds engaging and enrolling... When will you launch a social county program if it is in your plans?
kindly reserve for Filipino translation thank you
reservd for indonesian translation
I can do Indonesia translation if needed
both of you is awesome guys..
for OP i sugn up your walllet for testing some feature
0x9f4b9cdeabb59ed136af46ea6c7a1350f9aba05f
is this your real office???
hmm interesting
Interesting concept . I need to dig deep on to this . It kinda intrigues on how it is going to work on a blockchain system and regulatory entities from different countries.
I'm just wondering how you will evaluate the credit score of these more than 2 billion individuals without a bank account?
And how can they access your microcredit services if some of them don't own smartphones?
Remember that maybe a lot of them are living in very remote areas that they don't even know what smartphones are.
I'll wait how you address those bottlenecks. The objectives are great but how you implement is back-breaking.
Thank you for your questions. I'll be happy to answer as I'm sure more readers would like to know the same
1... how you will evaluate the credit score of these more than 2 billion individuals without a bank account?
we use 2 main data feeds. 1) Transaction records from remittance and payments made within our wallet, which is publicly accessible from Ethereum via our Ethplorer.io blockchain reader, filtered by specific cryptocash currency symbol, e.g. THBEX, and 2) smartphone data, from the model to the information that user allows to access when installing the app. Those two feeds have quite a number of metric points that we analyze to make lending decision. Also, once first loan is paid, the credit line increases, and so forth. This allows underbanked to build own credit history on public transparent blockchain.
2. And how can they access your microcredit services if some of them don't own smartphones?
There are enough users who have smartphones, even in developing countries, and we focus our offer to them. The cost of basic Android phone is going down year by year, and if not next year but in 3 years most of the users will have ability to get a smartphone. Some users may share one smartphone between them, like some of our customers in Myanmar do.
Thank you.
Hot off the Press!!
Financial Inclusion Company Everex Takes Home RemTECH Award For Ethereum Apps
https://blog.everex.io/financial-inclusion-company-everex-takes-home-remtech-award-for-ethereum-apps-f29e7d3e37d6
Bitcoin, Blockchain Payments Startups Win RemTECH Awards at United Nations
https://www.cryptocoinsnews.com/blockchain-startups-win-remtech-awards-at-united-nations/
Financial Inclusion Company Everex Takes Home RemTECH Award For Ethereum Apps
https://blog.everex.io/financial-inclusion-company-everex-takes-home-remtech-award-for-ethereum-apps-f29e7d3e37d6
Bitcoin, Blockchain Payments Startups Win RemTECH Awards at United Nations
https://www.cryptocoinsnews.com/blockchain-startups-win-remtech-awards-at-united-nations/
Wow, nice exposure for the ico coming up!
Waiting to hear more about the next Everex dApp with tokens!
The new Everex mobile wallet will allow anyone to
- Borrow Money, in any currency, anywhere
- Transfer Fiat Money, across borders, instantaneously
- Buy Foreign Currency, and use it globally
Building on the Ethereum blockchain, Everex is the first company to offer cross-border microcredit services, and the first to make all financial activity available for public audit on the blockchain.
How We Make it Happen
Microfinance
Everex does not operate on the basis of p2p loans. Instead, we invest our aggregated Capital to provide microcredit services, accessible globally and instantaneously on Mobile devices.
Offering microcredit via smartphones allows Everex to lend at professional levels of risk management. Utilizing state of the art AI and Machine Learning technologies, Everex calculates personal credit scores and determines risk and interest rates on the basis of individual user information and behaviour. This allows us to lend to billions of individuals who cannot access microcredit services through traditional channels.
-snip-
The Un- and Underbanked
For more than 2 billion individuals without a bank account, Everex provides immediate access to microfinancing services and cheap, global remittance services.
Migrant Workers and their Families
Everex provides the fastest, cheapest, and easiest way for migrant workers to send money home and sustain their families.
Tourists and Expats
Instead of obtaining traveler checks, or paying excessive conversion fees, visitors in foreign countries can buy and use any currency, anywhere in the world.
Aid Organizations, NGOs and Governments
By streamlining relief and foreign aid programs, Everex allows for the easy and publicly auditable distribution of funds to developing countries.
I'm just wondering how you will evaluate the credit score of these more than 2 billion individuals without a bank account?
And how can they access your microcredit services if some of them don't own smartphones?
Remember that maybe a lot of them are living in very remote areas that they don't even know what smartphones are.
I'll wait how you address those bottlenecks. The objectives are great but how you implement is back-breaking.
Hot off the Press!!
Financial Inclusion Company Everex Takes Home RemTECH Award For Ethereum Apps
https://blog.everex.io/financial-inclusion-company-everex-takes-home-remtech-award-for-ethereum-apps-f29e7d3e37d6
Bitcoin, Blockchain Payments Startups Win RemTECH Awards at United Nations
https://www.cryptocoinsnews.com/blockchain-startups-win-remtech-awards-at-united-nations/
Financial Inclusion Company Everex Takes Home RemTECH Award For Ethereum Apps
https://blog.everex.io/financial-inclusion-company-everex-takes-home-remtech-award-for-ethereum-apps-f29e7d3e37d6
Bitcoin, Blockchain Payments Startups Win RemTECH Awards at United Nations
https://www.cryptocoinsnews.com/blockchain-startups-win-remtech-awards-at-united-nations/
watching 
@Alexila, PM sent.
Reserving hindi translation if needed.
Reserve
I can do Indonesia translation if needed
Russian translation reserved
Jump to: