Blockchain to save the world from poverty

Learn how World Peace Coin Project will route out the world poverty by creating opportunities for people who can't access financial services
18 December   619

While rapid economic growth is expected to increase the income of developing countries, the ownership rate of mobile terminals is extremely high in spite of low bank account ownership rate in such countries. There are 2.5 billion people who have no bank account in the world. Considering that it is difficult for them to get education, launch businesses, invest for an asset buildup, World Peace Coin aims to enable them to live independent lives by intriducing a new cryptocurrency based on blockchain technology.

What is World Peace Coin?

World Peace Coin (WPC) is a cryptocurrency that aims to route out the world poverty. WPC utilizes its own artificial intelligence system called “TSUMUGI” which calculates credit scores of people with no bank account so that it is capable of providing the revolutionary system, Proof of Lending (PoL), that enables WPC owners to mine while financing. That means that WPC provides opportunities for people who need a finance to live their independent lives by analyzing big data with AI and calculating their credit scores. Myanmar is planned to be the first country where WPC will be donated from October 2018.

World Peace Coin Project Features

  • WPC is a public cryptocurrency with blockchain of Bitcoin type
  • It will hold 10% of the total amount in its wallet and donate it to support the independent lives of the world’s poverty
  • Block generation time: 2.5 min
  • Block size: 1MB
  • Way of Mining: WPC adopts a hybrid system of Proof of Work and Proof of Stake and plans to move on to a hybrid system of PoW and PoL by October 2020

What is TSUMUGI?

Tsumugi artificial intelligence of World peace coinTSUMUGI Artificial Intelligence Technology

TSUMUGI is a system using a cutting-edge AI technology to realize a FinTech service for “investment in the future” of consumers. TSUMUGI is created to bring the world peace with economic circulation. To minimize credit default risk of WPC owners in developed countries, TSUMUGI calculates credit scores of people in developing countries with its own formula.

Features:

  • Original credit scoring without any financial systems such as banks
  • “Mother wallet” for functioning PoL practically

World Peace Coin Wallet

WPC is going to design wallets for loaners of PoL (who are called “UA”) and loanees of PoL (who are called “UB”) respectively.

  • UA Wallet. Remitting functions for PoL will be installed in addition to common features of cryptocurrency wallets and there will be no limit for remittance and balance
  • UB Wallet. Loan limit will be set according to the score calculated by TSUMUGI in balance and the functions to see the loan limit, the current loan amount and apply loans will be available with PoL

Flow of PoL of World peace coinFlow of Proof of Lending

WPC sent from UA wallet to TSUMUGI will be pooled and allocated for the allowance in case of delayed loan repayments of UB wallet.

World Peace Coin Token Sale Information

  • Sales dates: Pre-ICO. from Dec 20, 2017 to Jan 20, 2018
    ICO. from Mar 25, 2018 to Apr 25, 2018
  • Total number of tokens: 25M
  • Token price: Pre-ICO. 1WPC = USD 0.22
    ICO. 1WPC = USD 0.27
  • Hard cap: Pre-ICO. $10M
    ICO (including Pre-ICO). $50M
  • Accepted currencies: USD

World peace coin collected funds allocationCollected funds planned allocation

Documentation

  • Whitepaper

More Information

Tokenized Bank Simplifying Use of Cryptocurrency

From this article you will learn how Hush is developing a tokenized neobank offering simplified services for placing and using cryptocurrency via blockchain technology
22 January   67

The banks existing nowadays do not fully resond to all modern consumers' demands as they are the tools for depositing users' money, having a means of payment, saving or financing for future projects. Users can check the latest transactions, scrutinize bank charges, anticipate future expenses and check the available balance, but in reality they want more, for instance, a tool that takes into account the future, such as the rise of cryptocurrencies. Hush has the ambition to go much further, and to provide services that respond to societal changes in recent years.

What is Hush?

Hush is developing a project of a regulated, participative and tokenized neobank that offers users simplified services for placing and using the money in currencies or cryptocurrencies. Hush’s ambition is to create the first regulated, participative and tokenized model for simplified services so that users cans use their money in fiat and/or crypto-currencies. Hush is a neobank that has been created by Éric Charpentier, ex-fonder of Morning which is also a neobank.

Hush ICO
Hush ICO

The aim of Hush is to federate an active community of users, offering them a regulated model in order to develop a daily utilization of crypto-currencies/euro, and opening new perspectives to the inexperienced users about the crypto-currencies sector as well as enjoying an innovating mobile bank service using fiat.

The increased usage of crypto-currencies, especially the Initial Coin Offerings (raising money through tokens), opens new perspectives in order to transform the traditional banking model, supported by users’ community which will allow to innovate as well as ensure a longlasting economical independence.
 

Éric Charpentier

CEO, Hush

Hush Strategy

Hush will propose several functionalities in accordance with users’ expectations with the Premium model, and particularly:

  • Opening accounts by invitation or sponsoring programs with the users’ initiative
  • A Premium payment card including a reinforced security and an innovating usage
  • A crypto wallet in order to safely manage user’s investments
  • An instantaneous conversion service of crypto-currencies with the possibility for the users to spend their money whenever they want
  • Proposition of proactive insurances
  • An account project for users so that they can finance and realize their project and fix objectives for themselves

Hush advantagesHush Advantages

Hush Ambassador Program

Hush Ambassador program tends to reward the participation of users holders of USH Token through a badge mechanism qualifying different levels of engagement. Those badges will be distributed monthly on the activity base related to:

  • The loyalty use of Hush services overtime which will bring to their users the first rewards
  • The engagement in recommendation, the referral system or other marketing actions
  • The participation of the users in the ongoing amelioration of services or the proposition of innovative ideas
  • The functional contributions in the technical development through bug bounty program
  • The challenges in the community animation, with variable contents ensuring a maximal participation

Hush rewards programHush Rewards Program

USH Token

USH tokens are created to provide several services to the holders:

  • A participative and contributive voice in Hush project
  • A payment method proposed by Hush, in which paying a Hush service with USH Token brings a 50% reduction on commissions
  • A reward tool thanks to a loyalty and engagement program Hush Ambassador
  • A reward of the contributive activity and the use of Hush services in order to redistribute USH Tokens to the most active users in Hush’s Ambassador program.

Hush Token Sale Information

Ticker. USH
Sales dates. Pre-sale. from Jan 22, 2018 to Feb 11, 2018
ICO. from Feb 12, 2018 to Mar 4, 2018
Token price. €0.70
Accepted currencies. ETH, BTC
Hard cap. €10M
Bonus. 20%

Hush Token AllocationHush Token Allocation

Hush Advisors

  • Kazem Tabrizi - a partner of Tenzing, a consulting firm in operational strategy
  • Pierre Storrer - a specialist in banking law and in payment services law, who assists national and international operators, banking and alternative institutions
  • Nazim Morera - co-Founder of BitConseil, expert in digital, marketing and distributed registry protocols
  • Denys Chalumeau - entrepreneur of the French Internet, foundee of bdnet.com, billetreduc.com, promovacances.com, and SeLoger.com
  • Sébastien Bourguignon - a manager in an IT consulting firm and is an expert in digitization and blockchain, author of the white paper "#80PortraitDeStartuper" and the book "Portraits of startupers - 2017 edition" published by Maxima

Documentation

  • Whitepaper
  • Executive Summary
  • Terms of USH Sale

More Information