Introduction
The role of financial stability in the lives of individual and groups can never be overemphasized. In fact, the major yardstick of welfare and overall wellbeing of a person or family is financial stability. Majority of people have tried to improve their chances of amassing wealth through applications for credits loans from various financial institutions.
The biggest challenge has always been interest rate. Interest rate differ from country to country. There are some countries with very low interest rate and some other countries with very high interest rates too. There are many wise international investors who love to take advantage of the the disparities in the interest rates from countries to countries and turn it into long lasting wealth.
Here comes a platform that makes the process very easy. It is called Swapy.
What is swapy?
Swapy Network combines a decentralized protocol with a suite of three integrated applications. Swapy Exchange connects international investors from countries where the interest rates are lower to credit companies in countries where the interest rates are much higher. Swapy Financial ID empower individuals, giving them the right to a worldwide financial identity. Swapy DataMarket transforms user's financial data into value for the data owners. Now, individuals will hold their own data and choose how much tokens they receive in exchange for it when they want to share, and for whom.
There are many investors in the developed countries that are looking out for big investment opportunities that is not in existence in their home countries. For instance, the regulation that results in low credit returns. An example of a countries in that category is Japan. Japan is a country in which the rate of credit return is very low. In contrary, many developing countries have their credit rate very high. This has brought huge opportunity for wise Investors from countries like Japan and the rest and search out for countries that have high credit return where they can thrive and make huge rprofits. The rules and regulation of their own countries have rendered them incapacitated from doing business.
Another salient issue in considering international trading and investment is confirmations of identities. There are many other documentations that have to be put in place since the investment is cross-country. And these and many more have swapy made possible and easy.
Features of Swapy
The swappy network exhibit some features that makes it outstanding and unique.
The Swappy Exchange
Swapy exchange allows international investors from their various countries, either developed countries or under developed countries where the rates of credit returns are very low in order to make provision for investment of fund into their local credit companies where the credit rates are relatively higher. This process will yield unimaginable profit returns for the international investors and reduce the capital for the country to which he has come to do business which most often are underdeveloped countries.
Swappy Financial Identity (Id)
Identity verification is one of the major challenges international investors go through. But swapy has simplify the process. The process allows users to have a financial identity that would be recognized all around the globe. Swappy allows every users to go through some series of verification process like documents submissions of all sort, documentation is handled by (KYC) Know Your Customer and (AML) Anti Money Laundering. This will enable users to store all financial related information in such away that it willserve as good purchase installments.
Worthy of note is the fact that all of the information are stored on the (IPFS) This is a decentralized storage medium which brings end to lost of documents and information.
IPFS do away with problems related to storing of confidential information in a centralized storage.
This ensures the privacy of all provided data. it's very important to Swappy and to make sure that the given data are only given and accessible to the owners and favoured member they intend to share them with.
Swappy Data Market
Another outstanding feature of swapy is DATA market. Datas are very important to various companies especially for credit scouring companies. Any users of swappy network platform who already has financial identity are allowed to share from their information with any organisations that might need them for a prize token which is determined by them.
On Swappy data market, Data can be exchanged for for token.
(SWAPPY is the name of the token given on swapy network It is An ERC-20 compatible token which is built on the ethereum blockchain.
The ICO is live! Join the league of wise investors.
For Further information
Website:https://www.swapy.network
White paper: http://s3.us-east-2.amazonaws.com/swapynetwork/SwapyNetwork_TokenSale_Whitepaper-EN-US.pdf
Facebook : https://www.facebook.com/swapynow
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