Can #blockchain and #DLT play a role in Community Currencies? What do you think?

#Sikoba #Finance #FinTech #IOUeconomy #financialinclusion #sustainability #SocEnt #LocalCurrency #ComplementaryCurrency

Is your community's access to #cash and #banking limited? #sikobaPay can help you do more #business together!

#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #socialenterprise

https://youtu.be/ZvkGNWAUu84

#SikobaPay IOUs can help #entrepreneurs start their #business and make sales, especially in underbanked and #unbanked #communities.

#reduceMoneyDependency #iouEconomy #boostLocalEcomonies #financialInclusion #socent #tech4good

https://youtu.be/a6U0YeNJfJU

Credit conversion allows #SikobaPay users who do not know or trust each other to transact using #IOUs through trusted intermediaries. The most important rule is that users will only ever have credit exposure to those they have expressly chosen to #trust.

https://youtu.be/AQkar143isw

#socent #reduceMoneyDependency #iouEconomy #tech4good

Sikoba’s fuzzy clearing  mechanism enables tallying & offsetting of debts and credits on a rapid and ongoing basis. As a result, #money is only needed to repay residual balances rather than the full financial value of all trade. Therefore, much less money is needed for the same volume of trade.

https://youtu.be/DR8NyJl1Sjg

#reduceMoneyDependency #iouEconomy #unbanked #boostLocalEcomonies #financialInclusion #socent #tech4good #socialenterprise

SikobaPay app enables #savings groups to safely manage financial records, automate complex financial calculations and build a credit history. Developed with flexibility in mind, it can model various types of credit and saving mechanisms.
#savingsgroups #financialinclusion #Socent

In developing countries, individuals with limited access to formal financial services join #savings & credit groups in order to have a safety net in times of uncertainty. In this article, you’ll discover how these groups are operating in different parts of the world.

https://bit.ly/2W02zsr

#savingsgroups #financialinclusion #Socent

Since April, the #Sikoba project has faced several challenges which have impacted our planned timeline. Nevertheless, we have completed the development of #BekiPay, established cooperation with “Proyecto Banco Mujer” in Peru & prepared the ground to make #SikobaPay #decentralised.
http://tiny.cc/h6ljuz

Have a look at our November/December update, in which we share the details of our Peruvian partnership, the latest updates on #SikobaPay app development, and our future plans.
https://bit.ly/3qrozIx
#Sikoba #iouEconomy #boostLocalEcomonies #financialInclusion #socent #tech4good

We’re happy to announce that the BekiPay app is officially live!

In cooperation with #Sikoba, De Kär launched an electronic version of the Beki - BekiPay, available for both Android & IOS devices.

https://www.facebook.com/AgricultureLU/videos/649056746278338/

#iouEconomy #boostLocalEcomonies #financialInclusion #socent #tech4good

Hi everyone, just to say that while Sikoba is somewhat hibernating, BekiPay is doing well and being used for actual payments.

Our next step is to create a DAO for Sikoba, we will keep you posted.

If you want to get involved, please email dao@sikoba.com

anyone here who can help with cosmos / osmosis ?

We have launched a small liquidity pool here: https://app.osmosis.zone/pool/964

Now also announced on our website: https://tokens.sikoba.com/

For anyone wishing to move tokens from Ethereum to COSMOS, please contact tokens@sikoba.com

A description of the current (manual) token conversion procedure has been added to https://tokens.sikoba.com/

There is also a new SKOJ Telegram channel here: https://t.me/+65L-jDGAoSYwY2I0

Mesh credit talks on 24th May at the Collaborative Finance event in Austria last week: https://www.youtube.com/watch?v=t_SM6wmOD1Q&t=308s

(Alex starts around minute 4)