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MicroMoney is an Ethereum-based Open Source Credit & Big Data Bureau that connects new customers to existing financial services. AMM is an ERC20 utility token. The AMM token is an integral part of the MicroMoney ecosystem and can be used as an internal payment mean or to get access to MicroMoney’s services. MicroMoney A.I. platform uses complex algorithms to predict creditworthiness of all customers and in just 15 minutes a borrower can get their very first loan in his/her life just from their smartphone. All customers have an ability to pay less interest and have a higher credit rating, if they use our platform more often . All aggregated Big Data and Credit Histories are stored on the Blockchain. Thousands of existing businesses will get access to millions of new customers which we will bring to the global economy.
MicroMoney Intl., a market pioneer blockchain credit bureau and a social lender helping millions of unbanked get their first loan in Asia, has announced the expansion of its token distribution campaign to two major markets – China and the United States.
MicroMoney for People & BigData for Business
MicroMoney’s goal is to change the “catch-22” reality for the unbanked, when billions of people cannot receive loans without having a bank account, credit history or financial records.
This is a guest post by Madhawa Edussuriya, the director (Sri Lanka department) of MicroMoney, the first blockchain-based credit bureau and social microfinance company.
Another step closer to fulfilling its mission to include two billion people into the global financial system