What exactly is BFEX?

BFEX (Bank Future Exchange)

• FinTech social enterprise
• Established in Hong Kong
• Global team of founders and advisors

What Does BFEX do?

BFEX mainly does two things:

1. Decentralized peer-to-peer lending
2. BPAY Payment solution

What is decentralized peer-to-peer lending?

BFEX develops a decentralized peer-to-peer lending platform which securely matches the borrower with the lender. This is easily accessible with the BFEX mobile and desktop applications.

How does this work?

• The borrower sets the payment due date, the interest rate, and the amount to borrow.
• The platform randomizes the borrower’s profile on the platform until any lender agrees to this borrower’s condition.
• Once the lender and the borrower have an agreement. The agreement and the transaction will be recorded on blockchain.

How is BFEX peer-to-peer lending platform different?

1. Decentralized Social Trust Credit Scoring (DSTCS)

• The credit scoring system in the p2p lending platform
• Gathers the users’ comprehensive information — such as KYC, utility bill payment, and Spotlight social network activities — and analyzes them into the users’ score
• No credit bureau needed

2. BFEX Spotlight

• BFEX social media on the peer-to-peer lending platform

How does this work?

1. Users set goals and missions on Spotlight
2. Each goal completed will be generated into a score by DSTCS

What is BPAY payment solution?

BFEX develops BPAY wallet mobile and desktop applications which can

1. Store BFEX and Ethereum
2. Pay for goods and services with BPAY business partners — ranging from hotels to restaurants around the world

How do I pay?

1. Pay directly from the BPAY mobile application