BFEX (BFEX)

BFEX (BFEX) widget

ICO date: 01.07.2018 - 31.08.2018
Product Type: Platform
Industry: Financial Services
Description:

BFEX (Banking Future Exchange) is a blockchain-based financial system.

Features:

BFEX aims to develop nano-finance services to meet consumers’ demands. The key features of the platform are as follows:

  • Decentralized Social Trust Credit Scoring (DSTCS): A credit system which reflects credibility of nano-finance customers in a decentralized manner, as opposed to the records shown by credit bureaus.
  • Peer-to-Peer Lending Platform: A system which allows the lender and the borrower to interact and agree on terms and conditions of the loan such as the interest rate and payment due date. All the entries are recorded on the blockchain on Hyperledger Fabric.
  • BPAY E-Wallet: Connects users to available goods and services of BFEX business partners from various industries. This allows BFEX users to gain a range of options of products and services, along with the possibility of cash back.

Founded: Hong Kong
Website: bfex.io
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
NA
Risk score
NA

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See also