There are always difficulties when it comes to businesses, MSMEs, and individuals obtaining capital. Most lendering services take it as too much a risk to lend people of such calibre as it could later be accounted for as a loss since they don't have a worthy collateral to serve as an exchange. It is increasingly frustrating that with the large number of MSMEs, which could turn out to be the nations fortune in the latter times, it is so easy for them to wind up since at some point getting capital might become extremely difficult taking extra wit to keep the business running. Pngme comes with a lasting solution and thus helping to preserve the world's fortune by providing a lendering platform that allows the increase in the flow of capital to the markets through a digital credit score scheme- giving credit score to individuals and businesses who don't have access to finance.
The specialty in Pngme that would allow it succeed in emerging markets - what makes pngme special when compared to other similar projects
seamless integration of credit scoring APIs with borrower’s mobile payment application
For the generation of capital by borrowers, the credit score chart are delivered to investors allowing them to price capital more efficiently and increase the amount of capital available to borrowers. With these borrowers are being accessed and scored easily anywhere based on the transactions they make.
Pngme’s Mobile Banking application increases access to finance for businesses owners and consumers
Aside the credit scoring, it allows for mobile-mobile payments, savings and allows borrowers access to finance anywhere in the world from their mobile phone which saves the stress of queuing at an office just to collect loan.
Built using block chain technology with pngtoken and pngcoin - Built better and stronger than the traditional marketplace lending and capital markets.
Security, speed and trust are one of those things attributed to decentralized system which involves the block chain technology. Pngme is built on the solid foundation of blockchain technology with decentralized rate setting algorithms and credit scoring. It makes use of liquid digital assets - bitcoins- and non-replaceable digital assets -plants and machineries- to fund and also serve as collateral for loans which are then sold as digital bonds to investors.
Unlike the traditional marketplace lending and capital markets where things are done centrally, pngme makes use of novel auctions and matching algorithms for coupon rates which indicates more accuracy, speed and security - the characteristics of a decentralized system.
How does png increase the adoption of block chain technology?
In order to succeed in the emerging market the increase in the adoption of block chain technology is key. Pngme creates a platform that saves millions of MSMEs from crashing and of course would shake the world. Through the app being built on the block chain system it allows people to see block chain technology in another light not just the token transaction and it efficiently projects the security, speed and efficiency of the blockchain technology.
USEFUL LINKS
🌐 Website — https://www.pngme.com/
📑 Whitepaper — https://docsend.com/view/m8fighb
📑 Token Economics — https://docsend.com/view/929pjg2
📧 Telegram — https://t.me/pngmecommunity
📝 Bitcointalk ANN — https://bitcointalk.org/index.php?topic=5140127
🕊 Twitter — https://twitter.com/pngmemobile
📘 Facebook — https://www.facebook.com/pngme/
📝 Medium — https://medium.com/pngme
🔗 LinkedIn — https://www.linkedin.com/company/pngme/
📱 Android App Early Access — https://early.pngme.com/early-access-beta/
Author's Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1900615
