Due to the change of climate within the crypto market space, successful ICOs have been facing a dump, or a downward trend, of 40% — 99% right as they enter the market. This neither favor the interests of our investors nor ours as much we would like to maintain the benefits for our contributors. Furthermore, the requirement of the market has changed for the ICO startups to strive through the market fluctuations. Not only is an MVP needed, but so do major investments from venture capitalists ahead of launching an ICO. …
One of the frequent questions we have received from our potential customers or investors about our platform is… “When can I start?”
It is essential to be noticed that borrowers are not able to enter borrowing process right away only after registration. Upon registration, clients will be required to provide basic KYC documents such as your passport/driver license/national ID. Moreover, evidence of on-time bill payment for 2 months back will be required to complete up to 40% of the Decentralized Scoring bar.
Next, clients should be entering the credits enhancement process, which requires them to fulfil their previously…
The Second TechSauce Global Summit 2018 was held at the Bangkok Centara Grand Hotel, where many startups and investors had the opportunity to meet and exchange perspectives regarding the deep-tech as well as attending the world-class speakers tech-talks.
Due to the turbulences in the climate of current cryptocurrency market as well as ICO market requirement, BFEX would like to propose an official deferral of the public sale originally from the 1st of July 2018 to the 1st of August 2018 which ends on the 31st of August 2018.
Moreover, the token price is now shifted to USD 0.12 per token from originally USD 0.3 during the pre-sale with minimum contribution of 50 ETH. For the public sale, the token price is changed to USD 0.10 per token from originally USD 0.4 -0.5.
Regarding to the decreased price, it…
Would you trust a stranger with your hard-earned money? I doubt it.
In the world where credit rating means someone’s access to formal financial resources such as loans, credit cards or mortgages, it is the same world that abandons 1.7 billion people behind. The same way we don’t trust people we have no background information about, institutions don’t trust us.
Credit reports are the source of background information of each individual which institutions receive from Credit Bureaus, to decide whether they can trust their lenders.
What about those who do not have formal records? This is where Alternative Scoring steps…
Isn’t it a dream-come-true when loans are approved almost instantaneously? Peer-to-peer lending does exactly just that for users. Basically, peer-to-peer lending platform is a marketplace where lenders and borrowers are randomly matched for a simplified and quick loan agreement. Just like Tinder for loans.
The platform allows an easy access to the financial sources even for the small-personal-loans or microloans. Whether it be for an online garment store or a startup fund in the middle of town, peer-to-peer has favours it all. It is an innovation of financial service which answers to the demand of millennials in the developed world…
Our team and speaker Shankar Biswas introduced BFEX discussed the opportunity of using block chain technology to build a a financial platform that will serve the un(der)banked community of 2 billion people around the world empowering them with financial access.
“We are not a fintech — we are a class apart !”
“We are rather a FINSOTECH organisation — our social objective drives our business objectives!”
At the heart of our strategy is a social cause of building and uplifting 2 billion people who have no access to financial services.
Blockchain truly is a revolutionary mechanism to bring everyone to…
A futuristic platform that provides opportunity and intends to redistribute power back to where it belongs.