Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
Despite of this decentralized and simplified impulse of the financial tasks that once passed exclusively through the traditional institutions and, in the case of the use of payment cards, they were costly because they required the processing of multiple parties, these projects have not yet been focused specifically on the needs of people who do not have access to banking services or who have insufficient access to them.
Thus, without access to the full range of banking services, unbanked populations must turn to points of sale such as microcredit networks and payday lenders to meet their financial needs, despite high-interest rates, the high commissions and the limited overall flexibility of those options.
For this reason, I want to introduce you Capverto (CAP), an open source framework for creating blockchain applications designed to allow users, companies or governments to build a customized private or authorized blocking chain. Capverto Exchange is basically aimed at the unbanked or underbanked, ensuring that they have the opportunity to take advantage of the unique benefits of cryptocurrency. This system bridges the world of fiduciary money and cryptocurrency by combining an international program of prepaid cards linked to innovative banking and commercial features centered on the CAP utility token.
Definition and goals
As I said, Capverto Exchange (https://capverto.com/landing) is a digital currency, based on a versatile utility token that greatly expands the basic advantages of cryptocurrency through a design that directly addresses the needs of the populations most frequently excluded from banking. It offers a multifaceted banking experience, centered on a prepaid card, which is as easy to use as accessing a fast and well-designed website.
The most interesting feature of the platform is that it offers a multifaceted banking experience, centered on a prepaid card, which is as easy to use as accessing a fast and well-designed website.
The main objective of Capverto is to meet the needs of the populations most frequently excluded from banking. The idea is to provide a new avenue for the provision of useful financial services to the unbanked and subbanked, without the distinctive drawbacks of the previous digital currencies.
Therefore, Capverto will be a bridge between cryptocurrency technology and fiat money. It is designed to be highly accessible, especially for the unbanked.
Capverto Exchange facilitates convenient and low-cost P2P transfers and also configures each user with a standard IBAN / SWIFT account. Together, these features provide CAP holders with reliable and secure access to their funds, as well as the various fiat and cryptocurrency services that are conveniently superimposed on them.
Prepaid Card Program
Secured loans and P2P loans
Description Representation Capverto Exchange is a platform for secure and convenient P2P transfers where individuals and organizations can lend up to half the value of their assets to date and charge interest on them.
Copy Trading platform
Description Representation Capverto facilitates the tracking and copying of other operations and portfolios. Ten percent of the profits from each copy operation is automatically deducted and distributed between the original operator and Capverto Exchange, which in turn reinvests it in CAP.
Extensible intelligent contracts
Description Representation Capverto offers an open source framework for building custom blockchain applications. Take a look at Capveto's GitHub repository to learn how you can leverage your smart contracts to create authorized private and public blockchain.
- There are no or minimum fees for activities.
- Liability protection in case of loss or theft of the card.
- Easily rechargeable through mobile devices, stores and direct deposit.
- Usable in point of sale terminals and online stores.
- Tighter spending control, less likely to get into debt.
The project gives the opportunity to earn Capverto Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=4973071.0), where you can access the link in order to see what are the conditions to become an early CAP contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://backend.capverto.com/Docs/CAPVERTO_WHITE_PAPER_EN.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/CAPVERTOOFFICAL) or in their ANN thread here (https://bitcointalk.org/index.php?topic=4974691). I hope you liked the post and soon I'll send you new ones.
Do not forget to visit their Webpage (https://capverto.com/landing)!
Capverto Token (CAP) is a utility token that governs access to the different services available on the platform. At its center it supports advanced features such as a cash back system, peer-to-peer monetary exchange (P2P), a digital forex trading platform and an innovative insurance product from cryptocurrency.
Pre-ICO price: 1 CAP = 1.66 USD
Price in ICO: 1 CAP = 1.82 USD
Tokens for sale: 171,375,000
Date Events Q4 / 2017 Private sale of CAP Tokens. Q3 / 2018 Public sale of CAP Tokens. Q4 / 2018 Security and performance test.
Launch of the official Capverto Platform.
Q1 / 2019 Launch of app to iPhone and Android. Q2 / 2019 Launch of Whitelabel solution. Q4 / 2019 Launch of Merchant payment solution.
Email: [email protected]
Steemit and Telegram username: @clauming
Ethereum address: 0x91707502A8DFDC523f7a6f2c218cC9a52777d5ad
New advisor at CAPVERTO: Carlo Buonpane
Carlo Buonpane is an expert in strategy and fundraising and will contribute to the ongoing investments in CAPVERTO and its underlying technological platform. Carlo is now a CAPVERTO advisor, a member of a growing team of experts in technology, marketing, design, and content production.
“Carlo will be an important addition and help us in accomplishing our core mission of shaping the future of banking with a platform built specifically for the needs of the unbanked.”
What can make cryptocurrency trading easier?
This meteoric growth of cryptocurrency investments has so far occurred in spite of the often-considerable barriers to entry faced by newcomers. BTC, Ethereum (ETH) and other digital currencies represent a very different conception of money than familiar fiat currencies, which can seem daunting for first-time investors.
Moreover, their shared underlying technology — blockchain — is complicated. While it bears some resemblance to a database or spreadsheet as the basis for a system of record, its most distinctive features create a completely different experience for everyone involved. Blockchains are immutable. They also allow for mutually transparent transactions between parties without the need for a traditional third-party intermediary.
It’s common for new traders to feel overwhelmed by all of these technical details of cryptocurrencies and think they can’t succeed. Far from it. Convenient options such as the copy trading features of CAPVERTO Exchange remove some of the biggest barriers to entry and allow members to get off to a running start with their crypto portfolios.