nclusive banking systems are engines of economic growth and poverty reduction. Without access to the full spectrum of banking services, unbanked populations must resort to outlets like microcredit networks and payday lenders to fulfill their financial needs, despite the high interest rates, steep fees and limited overall flexibility of such options. The unbanked need fairer, more flexible alternatives.
Cryptocurrencies hold considerable promise in these respects. They do not require the complex infrastructure and bureaucracy of traditionally centralized finance, nor do participants in their ICOs need to possess extensive financial histories or travel in person to any branch offices – both common barriers for unbanked individuals. Participation is often as straightforward as passing a few security verifications to open an online account, and it comes with the central benefit of fewer and lower transaction fees.
To date, digital currencies have gained traction by decentralizing and simplifying the financial tasks that once passed exclusively through traditional institutions and, in the case of payment card use, were costly because they required multiple parties to process. However, these projects have not yet specifically targeted the needs of the unbanked/underbanked.
CAPVERTO Exchange is offering an ICO targeting the unbanked/underbanked, ensuring they have opportunities to harness the unique benefits of cryptocurrency. It bridges the worlds of fiat money and cryptocurrency by combining an international prepaid card program linked to innovative banking and trading features centered on the CAP utility token.
All CAPVERTO Exchange features influence the value of CAP, meaning its price is a reflection of productive activities rather than uninformed speculation. Assets within CAPVERTO Exchange may also be protected with cryptocurrency insurance.
At the same time, the pivotal CAPVERTO Token (CAP) at its core supports advanced features such as acash back system, peer-to-peer (P2P) monetary exchange, a digital currency trading platform, and an innovative cryptocurrency insurance product. In the course of normal use, all of thesefeatures influence the underlying value of the CAP, distinguishing it a uniquely flexible amenity for the unbanked and underbanked.
Q3 2018
Q4 2018
Q4 2018
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
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