One of the most important services from a bank is a system credit. But according to the report of Global Findex Report, the conventional banking system is very expensive and make their services are unavailable to the poorest economics population. And this condition makes almost two billion people all over the world can not accessing the system features such as credit service.
And to overcome the problem the company is introducing the New platform that built up based on decentralized protocol with three integrating applications: The Swapy Exchange, Swapy Financial ID, and Swapy Data Market that will be used for Universal Credit Access.
Meet the Swapy Network
We have to thank the invention of decentralized protocol system that had been used to many platforms in this era. The vision of the decentralizing system itself is to create an easy access platform that based on efficiency and security.
With this benefit of decentralized protocol, Swapy Network is using the decentralized protocol too and connecting all users such as borrowers, creditors, insurers, data producers, customers, and the others. And with this ease of access Swapy expected to help many people all over the world in order to access the Universal Credit Access.
To serve the best features to all users, Swapy will give the facilitating all users credit that lower costs of capital, ad they updating the data network regularly in order to minimalize the information asymmetry between the participants.
The Mechanism of Swapy Network
Like what has been said before, that Swapy is trying to connect all the stakeholders like borrowers, creditors, insurers, data producers, data consumers, and the others all in one easy to use the platform. And besides that Swapy also enabling the possibility to the companies and/or individual buyer to make transactions and collaborating within their ecosystem.
Swapy’s Network Accomplishment
since starting the business, the Swapy cooperation has made some great accomplishment. Like in December 2014, the company got USD60.000 from Draper Association for the angel investment. Then, in June 2016, the company could be participating at Menorca Millennials event.
In July 2016, the company got USD 80.000 from Draper Associations and Lanzame capital, and in March 2017 git USD 200.000 from Huiyin Blockchain Ventures and Draper Associations. And in September 2017, the Team of Draper Associations officially become the company’s advisors and Don Tapscott also join the board of advisors.
Introducing the Swapy Token (SWAPY)
All the transactions or payments that happens within Swapy platform will need the presences of the Swapy cryptographic token. Its a utility token and based on ERC20 standard which means very easy to integrate with another Ethereum contract. Each single units of the Swapy token will consist 18 decimal points and will have the lowest value 0.000000000000000001 SWAPY. This Swapy token also can be used as collateral when the users are requesting the loans.
Swapy’s Super Team
it's not an easy thing to make such a great project that expected to help many people all over the world, and if we want to do that definitely we need the super team to execute the mission to provide the super project like Swapy. Behind the Swapy Network, there is a big Company that based in Delaware. And it called Dream Company. The Dream company is starting to grow their business since November 2014. And since then, they have been working so hard to solve the problem of accessing the credit.
The Dream company is built up by Five C-Levels employees like (CEO, CTO, CFO, and CDO), they manage the business administration, economics, finance, research, design, branding, technology and user experience. And they also helped by a software developer that strengthen the company to developing their project.
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ETH: 0x939e987B687d1E21d175340C02373bdDCEe31Bc7