JOIN US! THE CAPVERTO FUTURE SOLUTIONS BANK CRYPTOCURRENCY

6 min readSep 18, 2018

OVERVIEW

Cryptocurrencies and the Unbanked Opportunity

Inclusive and fair banking systems, with financial instruments available to a wide range of individuals and institutions, are engines of economic growth and poverty reduction across the globe.

Without access to the full spectrum of banking services, the unbanked and underbanked often resort to alternative sources — including microcredit networks, pawn shops,

Those without bank accounts, or with only limited access to them, spend up to 5 percent of their payroll checks and as much as 3 percent of the value of their government-provided benefits simply cashing these funds, according to the Federal Reserve Bank of St. Louis.

The Cryptocurrency Difference: Decentralized Digital Convenience

In this context, cryptocurrencies offer a promising path forward for reducing the ranks of the unbanked and underbanked. Since their databases (blockchains) are decentralized and accessible to anyone meeting their respective permissions requirements, the centralized infrastructure of standard finance with all of its accompanying bureaucracy, fees, and branches is unnecessary. Participating in an initial coin offering (ICO) or long-term investment in a digital currency is often as straightforward as opening an online account and does not require possession of extensive financial history records, nor actual travel to a financial institution’s offices — both common barriers for the unbanked/underbanked.

What is an ICO?
ICOs are sometimes called “token sales”. Amy Wan, a crowdfunding and syndication lawyer, described the coin in an ICO as “a symbol of ownership interest in an enterprise a digital stock certificate” stating that they are likely subject to regulation as securities.

Blue Card

CAP Cash Back: 0.5%
Service Fee: 2%
Activation Fee: $100
Free Shipping

Gold Card

CAP Cash Back: 1%
Service Fee: 2%
Activation Fee: $1,500
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Platinum Card

CAP Cash Back: 1.5%
Service Fee: 2%
Airport Lounge Access, +1 guest
Invitation Only
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Black Card

CAP Cash Back: 2%
Service Fee: 2%
Airport Lounge Access, +3 guest
Invitation Only
Free Shipping

START EARNING CASHBACK

See more details about our card program. https://capverto.com/landing

Copy Trading

We make it easy to follow and copy the trades and portfolios of other popular Traders.

Cryptocurrency Insurance

We provide peace of mind that your valuable assets are as safe as possible from theft.

Secure P2P Lending and Borrowing

Instead of simply holding onto cryptocurrency and hoping it will appreciate, individuals and organizations can lend up to half the to-date value of their assets and collect interest on it.

WATCH FOR MOR INFO CAPVERTO:

SMART CONTRACT

Capverto is an extensible open-source framework for creating blockchain applications. It is designed to allow you, your company or your government to build a tailor-cut private or permission blockchain.https://github.com/capverto/smartcontract

PRE ICO Finished

Last price $1.66 per token, Hardcap: 1,125,000 CAP

PUBLIC ICO Launched

Current price $2.06 per token, Hardcap: 171,375,000 CAP

Prepaid Card Program

CAPVERTO prepaid cards are bridges between fiat money and cryptocurrency. Each cardholder receives an amount of CAP utility tokens corresponding to the tier of the card purchased, starting at $100 for the basic blue card. Like a regular payment card, the CAPVERTO card can be used for in-store and online purchases, while up to 2 percent of every transaction is reinvested into CAP, influencing the token’s value. There is also a full-fledged rewards system enabling direct discounts at affiliated merchants.

Secure P2P Lending and Borrowing

CAPVERTO Exchange is a platform for secure and convenient P2P transfers. Instead of simply holding onto cryptocurrency and hoping it will appreciate, individuals and organizations can lend up to half the to-date value of their assets and collect interest on it. Annual interest rates are 8 percent and the amount is paid instantly to the lender. Meanwhile, borrowers benefit from not having to rely exclusively on traditional financial institutions.

Copy Trading Platform

CAPVERTO makes it easy to follow and copy the trades and portfolios of others. Copy trading gives new participants an easy way to get started, while also affecting the value of the CAP token. Ten percent of the profit from each copy trade is automatically deducted and split between the original trader and CAPVERTO Exchange, which in turn reinvests it in CAP. Together with the other influences on CAP such as the transactions from the card program, copy trading ensures the token’s value accurately reflects productive activity on CAPVERTO.

Cryptocurrency Insurance

One of the first offerings of its kind, CAPVERTO’s cryptocurrency insurance product provides peace of mind that your valuable assets are as safe as possible from theft. Inspired as a response to the landmark breach of the Mt. Gox exchange in Tokyo, this insurance is offered through a partnership with RiskPoint. It functions alongside other protections including proof-of-address, KYC, AML, and 2-factor authentication to fend off a wide variety of cybersecurity threats.

Extensible Smart Contracts

CAPVERTO offers an open source framework for building custom blockchain applications. Take a look at our GitHub repository today to learn how you can leverage our smart contracts to build private and permission public blockchains; Smart contract technology is at the heart of modern cryptocurrencies, delivering the transparency, immutability and cryptographic security essential for an optimal experience.