ROSCAcoin - Cryptocurrency, Bank Ecosystem of the Poor

buanakata (25)in #kriptocurrency • 6 years ago (edited)

Roscacoin ICO starts from April 1, 2018

What is ROSCA Acoin or RCA?

Is a social financial collaboration system that is simple, wise and without intimidation. Cryptocurrency with smart contract features and ROSKA blockchain technology in addition to automatically manage social capital and trust it is able to process the right management system.

ROSKA (Rotating and Saving Credit Associations) with its own platform ecosystem is friendly and smart. Imagine, the bad social system of the community before it can be solved with ROSKA because all layers of society can be in it. Because it utilizes social capital and trust, cheap and easy borrowing costs, good investment options and risk diversification. With ROSCAcoin other than autonomous, decentralized also seem independent.

If we look at the method applied by ROSCA it may be like "the bank of the poor" in which there is a mix of weak economic indipvidu. Those who are friendly from the hamlet of Singkur agree on the rules they make in order for the achievement of savings and loans within a certain period.

If it refers to Wikipedia 'FJA Bouman may be the term in this method there is no frozen money in the pocket, with the performance of the financial ROSCA will still melt and flow quickly to meet consumption and production needs.

That way there is no economic imbalance, whether the family of sejatera or prosperous in general can parallel and feel the pleasure of coffee and martabak eggs - so plut residents. Perhaps this equally fair system of fairness is no exaggeration if it can be categorized as an arisan term, CAR Ţigănesc / Roata (România), junta or quiniela (Peru), demolished (Latin America), milk (West Africa and Caribbean), partnerhand ( West Indies), hui (Asia), pandeiros (Brazil), palawugang (Philippines), Gam'eya (Middle East), cundinas (Mexico), tanomosiko (Japan), ayuuto (Somalia), kye (South Korea) and hagbad ( Somaliland).

It is said that 39% of the world's population or more than 2 billion people in general have no bank account. They are not because they are not interested, but because of poverty, they have no salary and good credit score. While the banking world is very contradictory if it has to deal with them. Because banks will (probably should) focus more on people with money or who have a high work ethic and adequate salary.

In general, such events occur in developing countries, especially where the political and financial system of the country is far from stable. Hence traditional finance is not sufficiently qualified to get a bank loan as their financial support. For the sake of breaking the economic deadlock, it is said they are using ROSCA as a trusted savings and loan community. The latest news 17% or more than 1 billion poor people in developing countries around the world are starting to take advantage of the social-financial collaboration system.

Estimated annually the size of the global market ROSCA more than 500B USD. But if the P2P loan grows globally annually to 79B USD. While the Indian State benchmark calculations performed will be 1% -10% times GDP.

Roscacoin ICO starts from April 1, 2018

TOKEN Specs

While this provided 10 billion (10,000,000,000) of the total amount of ERC-20 (Ethereal).