Bob Eco: Powering The World’s First Decentralized For-Profit Social Enterprise
The African economy is rapidly gaining experience with economic growth. Bob Eco limited is a decentralized active asset platform that creates jobs with the help of blockchain and cryptocurrency technology, a social system that offers asset- backed utility token.
Bob Eco limited is a clean energy company that produces electric vehicles in Hong Kong. Its mission is to speed the transition to sustainable energy with it’s attention on the market developing in Africa through the use of motorcycle taxis. Bob Eco limited motorcycle industry has grown into a 600 million dollar market.
Bob Eco History and the Problem They Are Solving
Bob Eco started in 2017 with the founders offering small loans to individuals across different growing market. Most African do not have enough capital or financial resources to purchase an electric vehicle. This becomes a major challenge to the growth of the company. Experience and logistical solutions are necessary part of making the industry grow.
To foster the growth and partnership of the company, Bob Eco lease out electric motorcycle to partners and African government with the involvement of the united states Nation institute for training and research(UNITAR) to promote theesw products to the masses. The goal of Bob Eco is to create financial access by making African motorcycle electrical in the next ten years.
UNITAR and Bob Eco all share the same goal adopted by the united nations sustainable development goals for 2030 to achieving better better and more sustainable future for the world. Bob eco signed a 200 million dollar production deal with manufacturing company Juggernaut Jincheng Suzuki to meet up with the government backed demands to provide millions of lithium vehicles. The companies intend to provide up to 1.5 million UNEP certified lithium powered motorcycle by 2024 with different models like model-x, the flagship and the focus model.
Bob Eco Coin ICO With ICO-WA
Bob Eco is launching an initial coin offering with assets (ICO-WA) to provide easy purchases of assets to be linked to crypto tokens. This ICO-WA will project enthusiast with numerous opportunities. The funds gained through ICO will be use to purchase assets linked to bobcoin-which acts as a utility token between the owner and his specific asset.
Bob Eco is also joining block chain technology into its assests management system to show assets linked to bobcoin. This is done for transparency sake and to provide digital, permanent, and auditable run cords that show stakeholders status and place of assets. Verification will be done by Chassis-, engine-, and GPA numbers.
Furthermore, the founders had a mission to impact the world with simple idea which is use asset finance, technology and a costumer centric model to help small businesses increase their economic trajectory thereby creating over 200,000 jobs. It further builds a friendly ecosystem for small businesses to grow with financing valued added services. This social impact is massive. Some benefits of access to low-interest asset financing includes;
- Making sure small entrepreneurs create and expand micro, small and medium businesses.
- With savings, it helps families build assets they can use to improve their lives and achieve dream goals.
Bob Eco went on to record a rapid growth of more than 30% in loan requests and distributing credit for income generating assets. With the use of taxis in African countries, for almost 16 hours a day, Bob Eco realize that over 94.3% of loan requests were use to finance taxi vehicles. This becomes a problem because it threatens the human and environmental health. Bob Eco goal is to reduce poverty and promote a better life. Bob Eco created a ubiquitous fuel powered motorcycle with a significant source of carbon emission to reduce pollution to the environment.
In Conclusion
With the problem of poverty and enviromemtal pollution in africa, Bob Eco ia here to eradicate and bring a sustainable enviroment for everyone. Bob eco is a decentralized enterprise that brings social opportunities to African community by leading electric motorcycle to own. Do follow the official links below for much more into the solution of Bob Eco, thanks.
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