Do you know what the term credit conversion means in #Sikoba’s Vocabulary?

Check our explanation below!

If you want to know more about the credit conversion feature of SikobaPay app, have a look at this video, it explains everything in detail: 👉 HERE 👈

#sikobaPay #SikobaApp #Learning_Sikoba #communityglossary #glossary_of_terms #creditconversion #wordoftheday

In November, we announced a partnership agreement with Horizen Official, a major public blockchain, which we will use to “anchor” Sikoba’s private blockchain data.

Development of the Sikoba Network is proceeding at a rapid pace and we are on track to launch our mainnet in 1Q 2021.

https://medium.com/sikoba-network/sikoba-november-2020-update-c17e315207c3

#Sikoba #Horizen #Sikoba_Community #Horizen_Community #partnerships #collaboration #leadership #partnersuccess #announcement #cryptowednesday

#Sikoba is partnering with companies throughout the world to provide software for various use cases. Our 1st contract was signed with the local currency in Luxembourg. Over 100 local businesses accept payments in Beki and there are over 200K Beki in circulation! More details 👆👆👆

What does the term cryptocurrency mean? Do you know? 📝📝

A #cryptocurrency is a digital medium of exchange using strong #cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

#Sikoba #SKO #cryptocurrencies #crypto_glossary #wordoftheday #altcoins #hodl #cryptoWord #crypto #bullrun

#Sikoba & Jala work together to build #decentralised, holistic solutions for financial inclusion and social impact.

Our system enables the development of credit communities, members of which will be eligible for loans with fair interest rates.

#sikobaPay #digitalidentity #digitalsignature #smebusiness #smesupport #upgradinglives #improving_living_conditions #elevatingcommunity

What does the term distributed ledger mean?

Do you know? 📝📝

#Sikoba #IOU #Crypto_Glossary #wordoftheday #techtuesday #decentralized #DistributedLedger #distributedledgertechnology

#Sikoba and Chelma Advisory Institute cooperate to #improve the lives of rural #women, by providing them with #education, skills training, and small loans to start or expand home-based businesses.

#sikobaPay #IOUeconomy #MoU #ruraldevelopment #ruralentrepreneurship #entrepreneur #Chelma #boostlocal #commerce #partnership

Efecto Colibri, a publication that features impact-oriented projects published an article about Sikoba. ✨✨✨

Follow the link to read the article👉🏼 https://efectocolibri.com/sikoba-blockchain-change-cash-flow-boost-economies/

Wishing you all a very Merry Christmas and Happy New Year from all of us at Sikoba Network 🎄🎄

#Sikoba #HappyHolidays #holidayseason #holiday_spirit #love #merrychristmastoyou #happychristmas #HappyNewYear

Big news for our subscribers, Sikoba’s holiday token sale is now live!

Head to https://tokens.sikoba.com/ to participate in our 1st round.

You will receive the following advantages:
👉🏼 1st Round price of only $0.35 per token
👉🏼 10% early bird bonus until 31st December
👉🏼 Only 107,143 tokens available in this round

For more details check https://tokens.sikoba.com/ or drop us a line on tokens@sikoba.com.

❗️Don’t miss your chance, as we’ll increase token prices for the later rounds❗️

🎄 May your Christmas be filled with miracles and beautiful time. 🎄

2020 was very challenging but productive for us, nevertheless, we are still on track and looking forward to launching the Sikoba mainnet by the end of March.

https://medium.com/sikoba-network/sikoba-december-2020-update-43beba3a7f05

#Sikoba #sikobaPay #Sikoba_NewYear #SikobaFuture #Welcome2021 #IOUeconomy #Financial_Inclusion #SMEbusiness

Just a quick reminder about Sikoba’s Token Sale!

Head to https://tokens.sikoba.com/ to participate in our 1st round!

1st Round price of only $0.35 per token
Only 92,727 tokens available in this round

For more details check https://tokens.sikoba.com/ or drop us a line on tokens@sikoba.com.

❗️Don’t miss your chance, as we’ll increase token prices for the later rounds❗️

#Sikoba and #AquaAgro cooperate to develop an innovative financial app for farmer communities in Pakistan.

#sikobaPay #SKO #IOUeconomy #AI #artificialintellegence #Financial_App #IOUasMoney #Technology #Successful #farmersmarket #Agriculture #agricultureindustry

What does the term #mainnet mean? Do you know?

Mainnet is the term used to describe when a #blockchain protocol is fully developed and deployed, meaning that #cryptocurrency and other transactions are being broadcast, verified, and recorded on a distributed ledger.

#Sikoba #sikobaPay #Roadmap #SKO #investing #FinTech #Smart_Contract #IOUeconomy

#Sikoba is a tool that makes informal credit much more effective. In this infographic we have listed the advantages of using Sikoba, that might help people & #SMEs in developing countries to improve their day-to-day life without any external help. More info: http://sikoba.com #socent
https://bit.ly/2YiOJzr

In January, we made progress on the #Sikoba blockchain, we also signed an MoU with Aqua Agro, a Pakistani #IoT company, to build the AgroPay #financial app for farmer communities.
https://bit.ly/2YH2uIy
#sikobaPay #SKO #IOUeconomy #AI #Financial_App

Many #MFIs are still paper-based and are burdened by high operational costs, which results in high interest rates. Sikoba’s IOU system helps MFIs reduce money-handling costs and admin overhead, thus resulting in higher profitability and lower interest rates for lenders.
https://bit.ly/3p7E99w

What does the term #DEFI mean? Do you know?

#Sikoba #IOU #Crypto_Glossary #wordoftheday #Decentralized #Finance #blockchain #technology

What is the main purpose of #Sikoba? Do you know?

Sikoba allows #payments to be made without having #money (whether #fiat, #crypto or any other #assets) to begin with.

#SKO #IOUeconomy #SME #financialinclusion #SocEnt

Who can use #Sikoba? Do you know?

Sikoba can be used by individuals, #SMEs & local #communities setting up and managing their own micro-credit systems, similar to #local currencies that are in use globally.

#money #localcurrency #communitycurrency #sustainability #IOUeconomy #SocEnt #financialinclusion #fintech