Fintech Metaverse

What is Fintech Metaverse?

A drop in replacement for banking services for retail and business customers.

A platform for selling additional products (financial and/or non-financial)  to customers.

A platform for developing new blockchain backed financial or commercial products.

A platform for adding payment services to blockchain backed IOT processes.

Produced and supported by the The Skill Edge and Commercio Network

Fintech Metaverse provides the ideal bridge, between blockchain based IOT or other automated process (Ex Smart Contract) and a platform which could natively receive and perform financial actions (like receive or perform a payment, in FIAT or  Crypto currencies)

Fintech Metaverse provides the ideal  platform for the customer to sell services, financial or nor, while insulating the regulatory and/or the operational complexity from the process.

Fintech Metverse Provides

An extendable Fintech platform based upon blockchain technology, a drop in replacement for banking services.

A marketplace for purchasing additional services.

A blockchain test environment.

A development framework made of ready to use, free to customize and free to rebrand  white label application, covering most use cases of Blockchain interactions, taking care of the dirty work and details, allowing  a rapid development of integrated applications.

The Commercio Network, a high performance, mission critical ready Blockchain and its development framework, pre-integrated with the Fintech platform.

Why FM will succeed where legacy mobile money application failed?

Fintech Metaverse has use cases, users will be interested in, for example:

B2C Customers

  • It is a drop in replacement for banking services, the main wallet will be the customer bank account
  • With the POS (Link) service, the customer wont’ need to queue up fo payments in stores of the cirtcuit
  • Fot merchant not part of the circuit the customer will be able to pay with a debit card associated to the main account
  • The application will store purchase tickets from merchants, so customers won’t need to save (and lose) them for waranty purposes.
  • For developing countries it gives custoemers the ability to own and trade in inflation protected currencies like Dollars or Euros
  • The market place will gie access to exlusive promotions

B2B Customers

  • B2B customer will be able to add to the marketplace, their Blockchain backed applications and these applications will be able to be combined like Lego ™ blocks to create unique services
  • IOT applications developed using the commercio Blockchain will beable to use FM as a native.

What is offers for B2C Market

A Mobile  App (iOS and Android )  that will allow an end User  to  acquire multiple currencies, FIAT or digital   in a non Custodial Wallet  after passing a KYC/AML  due diligence.

 

In the  Mobile App, the main wallet will be a real bank account with its IBAN, to be used as a drop in replacement  of any bank account.

 

Customers will have its information (ID, Bank account, biometrics, etc) stored in a wallet, to be used, under client permission, to pre-fill  to purchase additional offers (e.g. Insurances).

 

The mobile app will be able to use previously encrypted customer data to pre fill orders and accept the customer  biometric information to sign orders.

The application allows the creation of alliances  for the production of bundled products between different partners, with automatic sharing of customer details for filling in the various forms. The solution allows the creation of a COMPANY TOKEN, to be stored in the multi currency wallet with a value decide by the operator. The token can be used for any possible use, for example:

Wholesaling: The company can sell or gift its users of the company Token to be used to pay product and services currently provided by the company.

Crowdfunding: Sell the token in exchange of product the company will want to provide in the future.

Incentive: Gift the company token to incentivise a positive action  towards the company: e.g Fidelity card.

A company defined token can be used to create a  100% collateral backed stable coin linked to strong currencies (e.g USD or Euro) to create an inflation free economy and  profit on economy transaction like Visa, Mastercard, etc do in the traditional market.

Fan Token: a digital asset created on a blockchain that grants its owner access to a service that sports organisations provide to their fans through the app.

What is offers for B2B Market

Our solution provides the operator with a Blockchain to license to its customers for deploying IOT solutions, requiring the notary services of the blockchain and/or requiring payments, using Fintech Metaverse as a incoming and outgoing payment gateway.

 

Customers the telecoms operator is selling consulting services; the telco may be using its consulting arm for participating to public tenders for IOT development.

 

Solution providers / developers using other operator products (e.g. SIM for connectivity) for some M2M and/or IOT services.

Technology Behind Fintech Metaverse

COSMOS is a Blockchain of third generation: POS: Proof of Stake. COSMOS  define itself as the “Chain of Chains”. Using the COSMOS API  for creating a blockchain ensures that the blockchain will be able to interchange assets and records with other blockchains and connectors have been written to enable exchange with Bitcoin and Ethereum. COSMOS Is Scalable: it can handle millions of transactions from companies worldwide growing faster. The cost of a COSMOS transaction  is very convenient:  one order of magnitude less than an Ethereum transaction. Lastly it is a Deterministic blockchain: COSMOS has a deterministic consensus algorithm that closes blocks 100% right away and not 99.9% probabilistic like Bitcoin or Ethereum

Why Fintech Metaverse

A Disruptive Proposition

Solo Customers

  • The Fintech component and blockchain are pre integrated.
  • The White label apps are meant to simplify the Blockchain related development.
  • The Fintech  component can be purchased as a license or as a SAAS offering with yearly licensing and revenue sharing.
  • For developing countries customers, FM can create a stable coin based economy where the customer profits for each transaction.

Wholesale Customers

  • All the SOLO Customer advantages.
  • Fintech component plus the White Label apps will  encourage third parties to chose the Customer platform against competitors, which will mean more transactions on the blockchain and hence more revenues for the Customer.
  • The completeness of the environment and the incentives to use it in full will  allow for greater customer retention.

How we do it?

  • We can help you define the Blockchain Strategy from scratch to the end product delivery.
  • We can licence Fintech Metaverse under various models: Standard or SAAS with Revenue Sharing.
  • We can help defining your blockchain related product portfolio and help you expand it to new heights.
  • We can help you set up Blockchain backed new business units if you want to enter and disrupt different markets: e.g. Financial services, Insurance, etc.
  • We can help define the governance and the capabilities required to deliver Blockchain backed services and help procuring the missing resources.
  • We can help you develop new products using Blockchain technology in the Telco/ Insurance/Fintech spaces.
  • We can provide IOT related and Blockchain consulting to add the Blockchain capabilities to current IOT efforts
  • We can integrate the identity management  governance, and solution, in your IT landscape to help you improve on your AML requirements.

Let’s Connect and Discuss the Possibilities