Is this the future of MicroFinance? - KRIPTON PLATFORM!

in #blockchain6 years ago

Kripton will be the first ever lending platform built on top of the blockchain technology in Africa. Customers can take loans in Ether or Bitcoin and then participate in a curated marketplace facilitating peer-to-peer lending. With the Kripton platform. they will allow thriving entrepreneurs grow their business by enabling smart contract loans based on the blockchain.

Reaching out to everyone and offering them services that everyone else gets is not their priority. The developing countries are at the bottom of the food chain, where they do not have access to the time and resources that developed countries have. The time has come for the redistribution of attention towards people who need it the most, and not the people who have the most.

Kripton token is tokenizing the financial sector. L-Pesa Microfinance is a financial institution that has helped people become entrepreneurs with the use of the blockchain-based, smart contract loans. It is the first of it's kind in Africa, enabling businesses and entrepreneurs loan cryptos to enable them to achieve their dreams and projects. With the help of L-Pesa, 38,000 loans have been issued since they went live in March 2016.

LPESA is presenting a new microfinancing model which is based on the latest technology and serves each one of us equally. They are concerned about providing access to credit and other related micro financial services to the people of developing countries. They have designed the financing model based on the four pillars.

The first pillar is the Big Data, AI and Blockchain technology. Under this pillar exists the vast amount of data and analysis, which will help provide loans to the people who need it the most. Utilising the blockchain technology, the model will be secure, reliable and fast. The second pillar of the LPESA Microfinance model is the Alternative Credit Data, which is collected from various social media and other websites on the internet.

The idea for L-Pesa was incubated for a decade, and the business was
launched at the time four important market forces converged to allow
scaling:

• Big Data, Artificial Intelligence & Blockchain
• Alternative Credit Data
• Mobile Technology
• Biometric Identity

Third world countries have suffered backlogs in virtually every sector due to the lack of financial power amongst the citizens which makes them not qualified to lend money or get loans from banks for educational purposes, business and other things, due to the lack of collaterals to stand for their loans.

Getting quick cash shouldn't be what we look up to get. With Kripton, transactions are made easy and loans are gotten quicker. Kripton has the prospect to rise in market value. It is advisable to hold to the token as it is the future we seek. Although cryptocurrency prices go down, there is always a future for it. The only thing to do is to HOLD

ICO INFORMATION AND TEAM

1,350,000,000 LPK Tokens are available for the public sale which starts from the 18th April 2018 and continues for 30days. The Token Presale starts from 18th March 2018 and continues for 15 days, and total tokens reserved for the presale is 160,000,000. Funds collected from the ICO will be utilised for the development and marketing of the platform. The team is enthusiastic about the project and is ready to complete their mission.

Know more about Kripton At:

Written By:
Bitcointalk Profile: i7claufe
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1719874
Eth Address: 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0

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Hmm. Nice post
Great info .. Need to look at this more

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