ROSCACOIN

The foundation is the most important thing you need to create a solid building. The economy of a nation works efficiently on solid fundamentals. The truth about the banking institutions has become clear in the recent decades, where they have not been able to provide basic banking facilities to everyone in the world. Developing countries are at the most vulnerable stage where millions of people are still unbanked and are losing the basic banking facilities

The total population in the countries such as Philippines, Africa, Indonesia and Peru, who are still not able to use the banking and financial services is staggering. But, this rate has to be decreased to create an equal society, where everyone has equal opportunities. The financial ecosystem has to be changed for the new system and opportunity.

Solution offered

Rotating and Saving Credit Associations (ROSCA) is a group of individuals who are creating an alternative economy based on Peer to Peer lending and Peer to Peer banking. Creating decentralised services based on the blockchain technology and the cryptocurrency, they are building an ecosystem of the alternative financial solution. The ROSCA ecosystem has multiple entities under its umbrella. The following entities are part of the ecosystem.

• ROSCA Lending Circle
• ROSCA Credit score
• ROSCA Merchant program
• ROSCA P2P Platform
• ROSCA crowdfunding platform
• ROSCA Charity platform
• ROSCA Lucky draw platform

These are main products offered by the platform which are designed for the specific purposes. With the help of blockchain technology and users across the developing world, they will create a reliable and transparent alternative financial ecosystem which can be used by anyone in the world.

The major focus is on the developing world but they will expand in the other countries too. They will launch the various financial products in the coming years as mentioned on their website. The core idea of the platform is dependent on the people using it and the trust between them is the most important factor.

ICO INFORMATION AND TEAM

10,000,000,000 RCA Tokens are created for the project in which 1,500,000,000 tokens are reserved for the sale. Main token sale starts in four days on the platform. 45% of the funds collected will be utilised on the team's salary while 15% of the funds will be utilised for the contractors. The team is a mix of talent and experience who are determined to bring new financial ecosystem.

Conclusion

People trust the governments and banks for their financial wellbeing. They play their Part in the ecosystem which is limited but powerful. Having a bank account is considered to be most important and basic activity in the financial life of a human being. Cryptocurrency is going to be the common form of currency in the coming years.

People are investing heavily in the market as it the future of the traditional financial system. Giving people opportunities to use the same banking and financial services as everyone else, they are bringing cryptocurrency into the mainstream economy. What do you think about the future of the alternative financial solution based on the cryptocurrency?

For more information about ROSCAcoin you can see the official website below :

Website: https://roscacoin.io/
Whitepaper:https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper1-V1.0.pdf
Telegram: https://t.me/roscacoin
Facebook:https://www.facebook.com/Roscacoin/
Twitter:https://twitter.com/RoscacoinToken

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