True economic capital of the unbanked with Sentinel-chain (SENC) token
ico·@muelkim·
0.000 HBDTrue economic capital of the unbanked with Sentinel-chain (SENC) token
<html> <p><img src="https://i.imgur.com/r46Huch.jpg" width="801" height="432"/></p> <p> There are many projects around the world that are trying to tackle the problem and integrating the underserved into the financial ecosystem. However, most, if not all these projects are focused on solving problems specific to certain countries. </p> <p> Financial inclusion today is integrating the world’s unbanked and the underserved to the existing fintech and financial ecosystem, be it integrating through the banks or fintech companies. Nowhere is this point better made than on Infocorp’s Sentinel Chain. </p> <p> Sentinel have focused on Livestock with 570 million farms worldwide around 4% are located in Latin America and the Caribbean. Many of the farms in the region are small family-operated business that suffer from a little or no access to full banking services. This lack of banking means farmers often have no credit history and are unable to access finance for their businesses. </p> <h2> Sentinel’s solution : </h2> <ol> <li> Address the livestock provenance problem by combining the use of tamper-proof livestock identification tag with the immutable property of blockchain.</li> <li> Facilitate attestation of ownership by livestock insurance companies and convert the livestock into collateralizable asset.</li> <li> The creation of an open and transparent marketplace that connects the unbanked to the network of global financial providers using livestock as collateral. </li> </ol> <p><br></p> <p> Related clips : </p> <ul> <li><a href="https://youtu.be/uGWUtP_cl-4 ">Introduction</a> </li> <li><a href="https://youtu.be/1DuOHhxG2Ng ">Product demo</a> </li> </ul> <p> Related articles with partnership or investment : </p> <ul> <li><a href="https://medium.com/sentinelchain/media-release-infocorp-technologies-and-maybank-singapore-signed-mou-to-collaborate-on-financial-198f7d53232">InfoCorp Technologies and Maybank Singapore signed MOU to collaborate on Financial… - 19 Feb</a></li> <li><a href="https://medium.com/sentinelchain/infocorp-and-crowdo-announces-strategic-partnership-for-sentinel-chain-407469424cbf">InfoCorp announces Strategic Cooperation with Crowdo — the First Financial Service Provider to join Sentinel Chain in providing P2P loan services</a></li> <li><a href="https://medium.com/sentinelchain/sentinel-chain-empowers-rural-farmers-in-bangladesh-through-partnership-with-cloudwell-and-green-2cf4ffab3344">Sentinel Chain empowers rural farmers in Bangladesh through partnership with CloudWell and Green Delta Insurance – 2 Feb </a></li> <li><a href="https://medium.com/sentinelchain/sentinel-chain-and-vechain-foundation-announce-blockchain-partnership-to-drive-financial-inclusion-eea57c648046">Sentinel Chain and VeChain Foundation announce Blockchain Partnership to drive Financial Inclusion - 27 Jan</a></li> </ul> <p><br></p> <p><br></p> <p><img src="https://i.imgur.com/fsWd7JD.jpg" width="801" height="500"/></p> <p><br></p> <p><br></p> <p>Personal opinion: </p> <p>Many blockchain-based ICOs are selling tokens based on floating business plans and unverified white papers. But sentinel is a valuable token, among other things. I recommend a sentinel to newcomers for the following reasons:</p> <ol> <li>A business that combines livestock with value as an asset that has existed since a long history; I have never seen any of the thousands of ICOs doing business development in this area.</li> <li> Launch a demo version of a product that is already feasible before issuing the token; The release of a product before being listed on an exchange is a key part of the visualization.</li> <li>A passion for realizing the CEO's goal and partnership with the partner; It is clear what needs to be done and what is needed. Their sentinel has endless potential to grow-up.</li> </ol> <p><br></p> <p> Finally, I would like to finish this article with the CEO's message.</p> <p><img src="https://i.imgur.com/XwAKqV8.jpg" width="801" height="532"/></p> <p> “Sentinel Chain is a truly exciting initiative because it is solving a major problem for financial inclusion, that is, creating proof-of-ownership for unbanked livestock asset that can facilitate access to secured loan capital. The Sentinel Chain is a globally open and transparent marketplace where farmers who would normally be excluded financially to access a network of global financial providers.” — Roy Lai, CEO, Sentinel Chain </p> <p><br></p> </html>