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Max Hilbert, Coordinator of #Luxembourg’s only regional #currency, the #Beki will give the talk: 'Why Integrate into #Capitalism? An Alternative #Development with Alternative Currencies' at http://reboot.money
#financialinclusion #SupportLocal #sustainability #money #wealth
Here is Jean-Sébastien Zippert Coordinator at Etika explaining: “How #cooperative #banks contribute to #financialinclusion

#finclusionweek #GreenFinance #SustainableFinance #Investment #Sustainability
Follow Sikoba to see the presentation slides and videos soon!
To start the final session here is Max Hilbert, presenting “Why Integrate into #Capitalism? An Alternative #Development with Alternative Currencies”

#finclusionweek #SupportLocal #ComplementaryCurrency #money #sustainability #wealth

Follow Sikoba to see the presentations slides and videos
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
Will #Sikoba replace the banking system?

Sikoba is not a bank replacement, it is designed to bring #credit trading back to people alongside bank money.

In Germany, until a few decades ago, promissory notes (“Wechsel”) were routinely used by #SMEs - until bank credit became easily accessible.

#SocEnt #financialinclusion #sustainability #IOUeconomy
How does the #SikobaPay determine user’s #creditworthiness?

Our users are strongly encouraged to grant #credit lines only to users (individuals & companies) they know and trust personally.

#Sikoba #IOUeconomy #financialinclusion #SMEs #sustainability #SocEnt
#Sikoba is targeted at small #business owners, traders & artisans who do not necessarily know about #crypto. Our users will be interested in the functionalities rather than in the #blockchain aspect.

#IOUeconomy #financialinclusion #sustainability #SMEs #SocEnt
What #technology stands behind #Sikoba?

Our approach focuses on usability, meaning that users do not necessarily need to know about private key management, as practical account recovery methods are available.

#Finance #blockchain #IOUeconomy #financialinclusion #sustainability
What does the term #InformalEconomy mean? Do you know?

The informal economy also referred to as #GreyEconomy, is that part of the economy which is not governed by the state or any authority.

#Sikoba #Finance #blockchain #IOUeconomy #financialinclusion #sustainability #SocEnt
What does the term #informalcredit mean? Do you know?

Informal credit means #transacting using promises of a future #payment or of a future offsetting transaction. This method has been used in #business for thousands of years, and remains an important means of financing and transacting for a large part of the world.

#sikoba #Finance #blockchain #IOUeconomy #financialinclusion #sustainability #SocEnt