I know we like to have a good time in here with meme contests & the occasional community member getting crazy but we are actuall
08 Jul 2022, 19:05
I know we like to have a good time in here with meme contests & the occasional community member getting crazy but we are actually creating a product that will change the way rural finance is offered to millions of users across India and quite soon Africa specifically Nigeria & Botswana. Our core banking & accounting solutions are built and being tested with 22,000 users in two rural financial institutions. We have seen 77,000 transactions move throughout our ecosystem. If we can successfully showcase our pilot project we can obtain nearly another 3 million users in the next 24-36 months.
Once our product is functioning with intensity we will introduce our peer2institution platform that will serve as the center of FBX utility. It’s within this platform that you’ll be able to stake tokens to the institutions to provide loans
Same news in other sources
108 Jul 2022, 19:10
FBX is a long term project that is combining the best parts of institutional finance such as physical infrastructure & community adoption and the best parts of web3 such as blockchain & inclusivity.
What we’re doing and something that frankly most projects lack is “real world utility”. Simply meaning we’re making web3 products that can be leveraged by people who have no understanding of crypto or blockchain technology. However this gives us a unique platform & responsibility to introduce crypto to these users.
FBX is a long term project that is combining the best parts of institutional finance such as physical infrastructure & community
FBX is a long term project that is combining the best parts of institutional finance such as physical infrastructure & community adoption and the best parts of web3 such as blockchain & inclusivity.
What we’re doing and something that frankly most projects lack is “real world utility”. Simply meaning we’re making web3 products that can be leveraged by people who have no understanding of crypto or blockchain technology. However this gives us a unique platform & responsibility to introduce crypto to these users.