AssetStream will expand to a full P2P network which will include the local communities that can take personal loans. AssetStream aims to create an extensive micro-financing ecosystem that will be able to bring financially excluded people to the new global economythrough blockchain. By using blockchain technology for microfinancing, AssetStream will create a layer of trust and security between borrowers and lenders. It is a new paradigm of the finance business to connect with the individual lender while enabling a new source of finances for small enterprisesto fuel the global economic growth anywhere, anytime. Poverty reduction of the unbanked population while providing an alternative, high-yield, peer-to-peer microfinance platform for everyone. AssetStream is a platform that is powered and built to function with the use of blockchain technology in order to deliver as peer-to-peer microfinance to its users.
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Depending on the type of securities being donated, traditional securities donations can take days or weeks to initiate. Using the AssetStream Foundation’s online gift questionnaire, donors can initiate their gifts in a matter of minutes. In addition, because the AssetStream Foundation assists donors with the preparation of all transfer documents, donors are relieved of the time-consuming responsibility of contacting their investment adviser to assist in this process. AssetStream Platform beta test the features of peer to peer lending and start launching from the bestsituation of the target market. AssetStream Platform beta test the features of peer to peer lending and start launching from the best situation of the target market. The benefits of AssetStream are not limited only to lenders but also companies and businesses that decided to make use of their service.
AssetStream Platform with its strategic partners held the press conference event in target market. AssetStream aims to reduce poverty and bring financial inclusion by providing unbanked people with accessto financialservices. If you managed to complete KYC process within 48 hours after registration of the account, your account will be credited with 2000 AST ~ $20. Otherwise, you will forfeit the welcome bonus which you will need to make your first investment in order to qualify for the 8000 AST ($80) as highlighted in step 4. The KYC process is very simple which required only two steps.
All information including our rating, is provided merely for informational purposes. Start development process of the https://cryptolisting.org/ platform prototype. During this period the AssetStream project evolved from a potential side project to a fully self-funded project, geared towards launching in 2019.
A lot of people involved in small and medium scale enterprises obtain financing to operate their businesses through microfinancing. However, such microfinancing establishments often charge high interest rates and require numerous documents before processing loans amidst other limitations. Together with its local strategic partners, AssetStream expands its territory ofservices. Lower transaction costs – AssetStream’s platform will be using the existing infrastructure and will bring out convenience for borrowers living in the rural areas. Automatic matching – The lenders will trigger a matching system when they fill up the desired criteria they want for the loan and AssetStream platform will match the criteria to the specific borrower.
Together with its local strategic partners, Assetstream expands its territory of service. Approached potential partners with demonstration version of the platform. I think it is a great idea that assetstream is trying to tap on the underbank population. It is an untapped market and i feel that there is alot of potential in that area.
The platform income is gotten from the sale of its AST tokens. Under the example sited above, the donor’s gift is not complete for income tax deduction purposes until it is under the dominion and control of the charitable donee. When a donor utilizes their own broker to effect the transfer on their behalf, the broker is acting as the donor’s agent in completing the transfer.
Social Impact of AssetStream
Just click on the gear bus at the rightmost top and select profile verification or follow this link. AssetStream is a Peer-to-Peer microfinance platform utilizing Blockchain as the core enabling technology. AssetStream aims to be a perfect market for the P2P Lending Platform where both borrower and lender will have enough information to make the transaction anywhere and anyhow in a secure and transparent manner. The AssetStream platform provides the unbanked and underbanked with user-friendly loan conditions. AssetStream also offers superior value to lenders as it gives a return in the form of interest to lenders on a monthly basis. The value of AST token varies, it has the value of $0.01USD within the platform, this is for the purpose of stability.
Where is AssetStream’s headquarters?
AssetStream is located in Tallinn, Harjumaa, Estonia.
Microfinance with a strong regulatory foundation is a unique and great combination in the blockchain space. Spearhead the operation on the day-to-day basis; solving the financial inclusion problem, one step at a time. IMPT.io IMPT is an extremely innovative project, offering a variety of opportunities for users to acquire…
Since I have been living abroad I have personally experienced what it feels like to be underbanked. Having to go through of rejections to obtain a credit card, while been able to provide the financial institution with a steady pay check into my bank account. Spade is a representative platform which will enable unfettered and hassle free investment into vari… YODA X is a form of digital online money that uses blockchain technology, which can be easily transf… The KCH is an Ethereum based token provided by Keep Calm and Hodl.
Existing circulation, market capitalization, volume of transactions and more details of AssetStream. December– 2nd and 3rd target market first monthly pay out to itslenders. Handpicking – The lenders have a choice to decide which borrowers get the loan based on the borrowers’ criteria. December – 2nd and 3rd target market first monthly payout to its lenders.
What is AssetStream
The charitable donee then typically redeems the donated mutual funds and closes the account. This process is so time-consuming that many charities refuse to accept mutual fund gifts. Many individuals whom for reasons of personal privacy, religious or other motivations desire to make securities donations anonymously find it impossible to do so if they desire to claim an income tax charitable deduction. This is because federal income tax law requires the charitable donee to provide the donor with a contemporaneous written acknowledgment for any gifts exceeding $250.
How much funding has AssetStream raised to date?
AssetStream has raised —.
What is AssetStream Platform, with its strategic partners , held the press conference event in Target market. AssetStream aims to create an extensive micro-financing ecosystem and will raise financial awareness among our clients through consulting services and educational materials. We will be able to bring financially excluded people to the new global economythrough blockchain. Reached an agreement with the first strategic partners, Thailand PICO Finance Association (Consists with 1000+ money lending company). Four co-founders founded the AssetStream project as a great potential solution for the low-income communities in developing countries who are struggling with the loan shark problem. We advise them on their documentations and we also assist in doing pre-ico PR and marketing.
Mutual Fund Gifts
The AssetStream platform has the goal of providing a transparent and enabling environment where peer-to-peer lending can be done. Gifts of mutual funds can be particularly complex and time-consuming because they require the charitable donee to establish an account with the investment company to receive the gift. In addition, many investment companies have minimum account balances which, in effect, not only require the charitable donee to open a new account but to place money in the account from other sources just in order to receive even one gift.
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- Automatic matching – The lenders will trigger a matching system when they fill up the desired criteria they want for the loan and AssetStream platform will match the criteria to the specific borrower.
- Pursue the social mission as social enterprise to apply basic financial education to developing countries to help prevent people from making financial mistakes and reduce reliability on loan sharks which improves the overall living quality.
Pharmeum is an advanced, digitised, health eco-system.The Pharmeum blockchain will improve medicine affordability, minimise errors, and create frictionless, quality care for patients. Conversely, when a donor makes a gift via the AssetStream Foundation, once they sign and deliver a properly executed Letter of Authorization to the Foundation by fax or mail, the donor is then legally bound to complete the gift. In effect, this process will enable donors to initiate gifts and claim a charitable deduction on the same business day—a result that is nearly impossible under current practices. Pursue the social mission as social enterprise to apply basic financial education to developing countries to help prevent people from making financial mistakes and reduce reliability on loan sharks which improves the overall living quality. Established to create a sustainable microfinance platform to enable growth and advocate poverty reduction of the unbanked population while providing an alternative, high-yield, peer-to-peer microfinance platform for everyone.
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