BFEX

We're a futuristic platform intending to become a bank for the un-bankable, giving back the power to the people where it belongs.

We are introducing BFEX, not as merely a business enterprise, but a social enterprise with a personality and a vision to create a world with seamless financial accessibility. Our mission is to provide equal financial access for all by developing a more widely accessible financial platform, and in turn, disrupting traditional financial institutions. BFEX aims to utilize blockchain technology, big data, and Decentralized Social Trust Credit Scoring (DSTCS) to decentralize peer-to-peer lending. Our vision is to develop a sustainable financial system where people can freely access the financial pool needed to improve the quality of their lives and contribute positively to society. BFEX aims to achieve the three following goals: To develop credit scoring system for nano-finance industry based on Trust-Based Banking by Muhammad Yunus who received the Nobel Peace Prize in 2006. An imminent part of his concept is “We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people ”. To develop a lending platform for nano-finance via decentralized peer-to-peer lending. The terms and conditions for lending and all the business transactions linked to the data on DSTCS. To develop the BPAY E-Wallet payment system. BFEX Tokens can be used to pay for goods and services with BFEX business partners. Not only will the business partners be able to grow and expand their markets through their partnerships with BFEX, BPAY users will also receive 50%  cash back from the deals BFEX receives from its partners upon the payment made to BFEX business partners. This cash back will be transferred into the users’ BPAY accounts at the end of 4 each month. For instance, if a BFEX hotel partner offers 20% off from a hotel booking, BFEX will offer 10% cash back to its user while using the remaining 10% for business development. 

4.6
All-over Rate
4.6
0
0
0
01 Jul, 2018 - 31 Aug, 2018
Token
BFEX
Price
1 BFEX = 0.5 USD
Platform
Accepting
ETH
Country
Hong Kong
Restricted areas
N/A
Daniel Jaeger

Daniel Jaeger

Co-founder

Joseph Swartz

Joseph Swartz

Co-founder

Sam Roberts

Sam Roberts

Technical co-founder and CTO

Irin Chunsuntorn

Irin Chunsuntorn

International Business Development

Wilson Thong

Wilson Thong

Advisor

Huan Johnson Koh

Huan Johnson Koh

Advisor

Shankar Biswas

Shankar Biswas

Advisor

Kaushik Bhaduri

Kaushik Bhaduri

Technical Advisor

Nilanjan Banerjee

Nilanjan Banerjee

Technical Advisor

https://www.youtube.com/embed/PhXV8CnM7E4