With the proliferation of innovative technologies, a new financial model constructed by the decentralized applications has been increasingly finding popular ground, offering an alternative system for larger masses around the world especially for those still lagging to be part of the global economy. Although existing financial system created massive wealth…

Many people are losing their faith in the existing financial services, the assumption that traditional institutions such as banks and governments are the root cause of many financial and economic crises has increasingly become more salient. Critical awareness about the long-term failures of the banks in providing a trustful financial…

Approximately three billion unbanked adults all around the world in today’s world, or in other words a vast range of people, potential entrepreneurs, small enterprises and all sorts of professionals have little or no access to the financial services delivered by formal financial institutions. Therefore, they mostly face a threat…

As Blockchain technology holds the promise of revolutionizing the economic and social relations with the help of its technical potential improving the efficiency and reliability of financial transactions and exchanges of data, it is highly likely for this technology to become a “disruptive innovation” in the near future. Although blockchain…

As a response to the long-term failures of traditional banks to fairly measure the creditworthiness of potential borrowers, many organization and businesses in Fintech sector are increasingly harnessing machine learning and AI to better gauge the creditworthiness of individuals. Unlike traditional financial institutions, these organizations are capable of taking into…

As we are drawn closer to the biggest milestones of the Colendi Project, first one being the mainnet launch of the Colendi Decentralized Application, and the second one the Colendi Token Sale; we feel the necessity to clear up the doubts our community may have about the Colendi Application and…

The backbone of representative democracies, it is of the critical importance for governments and organizations to be able to prevent fraudulency in public elections. Upon considering the elections in terms of their impacts in the political and economic landscape of most states, it’s obvious that “sheltered” voting system is one…

As developments in technology and innovation sector pave the way for, on the one hand, more efficiency and transparency; on the other hand, lower costs in financial transactions in a global scale, the promise of driving “social impact” becomes a closer target for diverse industries. As an infrastructure transforming traditional…

Colendi Weekly Update | 18–24 March Colendi Beta Dapp is featured in the Test flight for more than 2 months now and it has received many users from various regions of the world. Very soon, Colendi will announce the public version of its mobile application in both IOS and Android…