Siglo – The Blockchain Protocol for Digital & Financial Inclusion

Smartphones are growing day by day as almost all people have smartphones in their pocket and so it becomes very difficult to have a consistent access over the network because of high cost of data and connectivity.
For financial and digital inclusionSiglo is a protocol of block chain. A smartphone application helps people around the world to communicate and connect more by an application which is built on the basis of Siglo protocol. By using this app users can earn airtime top-ups in commute, at home and at any time. Pig.gi is the first application of siglo which has 1.2 million users only from Mexico and Colombia.
DApps powered by Siglo:
There are many DApps which are built on the basis of siglo protocol such as:
• Apps for airlines: Expenses for call centers, physical customer service center and collections are very high in low cost airlines. So the operational cost becomes low by offering the siglo based applications for reservation to the users.
• Banking Apps: Bank applications are made because the users have to go to the banks for taking bank services which cost 2 dollar USD but by using the Banking apps the cost become very low that is 1 dollar USD.
• Mom and Pop Shop apps:Mom and pop shops are made so that consumers can sell their goods there and many large brands sell their 60 percent stock over there but sometimes they don’t have wifi and so they can’t sale. Similarly, brands give offer to see their stock in the market just in 0.50 dollar or in 1 dollar.
• Enterprise apps:Enterprises which has large amount of work to do, have to communicate with their employees. Some of these enterprises have large number of employees so they want to know about employee’s engagement, morale, performance and photos at their work stations.
Siglo Token:
With the providence of free top ups at large scale the siglo protocol launched its token which helps people tocommunicate and connect brands and providers who are giving reward to the consumers by connectivity that is done in the return of engagement.The launch of this token expands the sigloplatformthat will tokenize access to airtime and also enhances the siglo’s ecosystem in new and old markets. When the base of the uses increases, the platform’s data becomes more robust in nature and so the demand for brand as well as engagement increases.
Siglo token and data connectivity coins:
Balancing the volatility of this free floating token is a big challenge for the token economy of the platform as the need of user-facing currency in markets and also the cost of advertisement and airtime is different in different markets. This problem is solved by siglo by having two tiers:
• Limited number of token will be distributed in the participants as well as in markets
• Reward coin is fixedto local market product pricing in the siglo application.
When a new user is come on the platform, a new wallet is created where the coins can be stored. These wallet accounts are governed and established by using smart contract and taking it as a part of siglo protocol.

Web: https://www.siglo.com/
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1293114