tuyanto

5 лет назад

ASSETSTREAM - The Global Decentralized Peer to Peer Microfinance Platform, Replacing Intermediaries with Blockchain Technology.

Hello everyone, this new post I want to introduce about a very interesting and good project that is AssetStream, and for more details, let's just go to the following discussion:

Introduction

As progressive as it sounds, Blockchain really is a system to convey everybody to the most noteworthy level of responsibility. Not any more missed exchanges, human or machine blunders, or even a trade that was not finished with the assent of the gatherings included.

Above whatever else, the most basic territory where Blockchain causes is to ensure the legitimacy of an exchange by recording it on a principle enroll as well as an associated dispersed arrangement of registers, which are all associated through a safe approval component.As industrialists consider blockchain to be an earth shattering innovation, microfinance industry likewise feels the equivalent and is hunting down ways there can be a change with the assistance of this innovation.

As blockchain centers around expanding straightforwardness in any industry it steps foot in; blockchain in microfinance can essentially help with diminishing the rate of intrigue borne by the general population as a byproduct of benefiting monetary administrations with its decentralization highlight.With blockchain’s decentralized nature, it can help a few microfinance foundations to expel the requirement for go betweens or the trust specialists.

The utilization of blockchain in microfinance helps individuals in confiding in one another as opposed to the brought together organizations to benefit advances. This expulsion of trust experts likewise helps in individuals having the option to achieve the individuals who need the administrations.

What Is ASSETSTREAM?

According to the abstract on the official whitepaper of AssetStream, AssetStream’s vision is to create a sustainable microfinance platform based on blockchain technology. Inspired by the “International Year of Microcredit”— dedicated by the U.N. back in 2005—and Muhammad Yunus, a Bangladeshi social entrepreneur who was awarded the Nobel Peace Prize jointly with the Grameen Bankin 2006 “for their effortsthrough microcredit to create economic and social development from below”. The AssetStream initiative was established to create a sustainable microfinance platform to enable growth and advocate poverty reduction of the unbanked population while providing an alternative, high-yield, peer-to-peer microfinance platform for everyone.

Assetstream want to tokenize the banking and the financial system for ease transaction.

MISSION

AssetStream aims to reduce poverty and bring financial inclusion by providing unbanked people with access to financial services. AssetStream will expand to a full P2P network which will include the local communities that can take personal loans. AssetStream aims to create an extensive micro-financing ecosystem that will be able to bring financially excluded people to the new global economythrough blockchain.

TARGET MARKET SOUTH-EAST ASIA

Impending Problems of ASSETSTREAM

The centralized banking system is being control by a body and have a single system. This means if there is a server breakdown, it will affects everyone accounts and business is going to stop.
The centralized financial system require a third party to execute a transaction, which therefore make banks charges people in every transactions being executed through their system.
The financial institute are lacks in many of my area. It is very clear that about 30% of my country population could not have access to the financial institute in their location. I can only say bank exist only in the rural location of my country and I know same things is occurring in other countries.
To open an account with many of the financial institutes require some legal documents which many people don't have yet. The process of registering account in financial institutes is very tedious and stressful which has deprived many the zeal of opening an account with the conventional financial institutes.
The centralized banking system does not permit people to withdraw the quantity of their saving fund. They are restricted to withdraw certain limits of your money.
The centralized financial institutes don't offer loans to people wishing to do business except you have enough collateral or you have mouth in the system.

SOLUTION

By offering the unbanked and underbanked population a regulated alternative. AssetStream will not only provide the borrowers with better loan conditions and protection, the platform will also be able to provide a steady monthly return for the lenders.

With our platform we can provide the lenders and borrowers with the legal protection of local laws and regulations. Incase of NPL we can pursue legal action to compel payment.
By using a stable token within the platform we can ensure that the value of the borrowed amount won’t be affected by externalsources.

By utilizing the Stellar blockchain the platform is able to make faster and cheaper transactions compared to other technology.

All the above mentioned challenges are what Assetstream is aiming to solve.

Token Details

1. Token Name: AST

2. Token Supply: 3,300,000,000 AST

3. Token Issued: 2,100,000,000

4. Token Price: 0.01 USD

5. Soft-Cap: 1,440,000 USD

6. Hard-Cap: 21,000,000 USD

Token Distribution

64%: Allocated to ICO

15%: Allocated to Management and Advisory

8%: Allocated to Marketing and Promotions

5%: Allocated to Business Development

4%: Allocated to Product Development

3%: Allocated to Legal

1%: Allocated to Bounty

About Token Sale

Why You Should Choose ASSETSTREAM?

Use as fuel in the AssetStream ecosystemIncreases your reputation for risk assessmentAST tokens can be used to entice friends and families to be Lenders on the platform as a form of referral methodStaking of AST on the network will provide additional reputation for the risk assessment for borrowers, lenders and even service providers

Every credible project always have a roadmap it follows to achieve it's laid out goals, Assetstream is no different:

Meet The Team

CONCLUSION

There are many people with initiatives and business ideas but never have access to loans because the principles and conditions of our traditional financial sectors. The little that buy shares from banks are not fully rewarded for their investment. However, the emerge of AssetStream is a new dawn in the financial sector. People will have access to financial help even right from their fellow peers through the platform, and also the lenders will be reward fully and enough rate of return.

To get more detailed and accurate information about the Asset Stream project please visit the link below:

Website: https://www.assetstream.co/

Whitepaper: https://www.assetstream.co/AssetStream-Whitepaper.pdf

Onepager: https://www.assetstream.co/AssetStream-OnePager.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=5138325.msg50857889#msg50857889

Medium: https://medium.com/@assetstream

Facebook: https://www.facebook.com/AssetStream/

Telegram: https://t.me/AssetStreamOfficial

Twitter: https://twitter.com/AssetStream

Reddit: https://www.reddit.com/r/AssetStream