BFEX ~ Bank Future Exchange

What is BFEX?
BFEX, which is abbreviated from Bank Future Exchange is a futuristic platform intending to become a bank for the un-bankable, giving back the power to the people whom it belongs to. What distinguishes our platform is that we have developed the ‘Decentralized Social Trust Credit Scoring’. We believe in a world where people have equal access to financial resources, with the helping hands of the privileged groups. This is why BFEX was established. We create a platform which serves as a bridge between the privileged and the opposite side of the society. We’re also making sure that our token utility will be sustainable, as we focus sustainable growth over profit, by launching the BPAY application. BPAY application provides a payment solution, allowing users to pay for goods and services from BFEX business partners across the globe.

BFEX is using Decentralised Social Trust Credit Scoring to allow nano-finance for the unbanked.

Mission
To provide equal financial access for all by developing a more widely accessible financial platform, and in turn, disrupting the traditional financial institutions. BFEX aims to utilize blockchain technology, big data, and Decentralized Social Trust Credit Scoring (DSTCS) to decentralize peer-to-peer lending experience.

Vision
To develop a sustainable financial system where people can freely access the financial pool needed to improve the quality of their lives and contribute positively to society.

Features

• 1st Decentralized Social Trust Credit Scoring:
  BFEX - The first system in the world to create a hybrid credit scoring system on blockchain. BFEX-Decentralized Social Trusted Credit Scoring is a mixture between social network behavior validation and verification of the official documents.
• 100% Decentralized Credit Scoring:
  BFEX - DSTCS is the system on a decentralized blockchain. The borrowers and lenders collaborate in the design of BFEX - DSTCS. Credit scoring system designed by user.
• 100% KYC:
  We have an fully KYC system for both borrowers and lenders. Our KYC system is transparent and verifiable, which store on blockchain.
• Anonimity & Privacy:
  BFEX - DSTCS system design in decentralized network with transparency by showing the user's credit score. So, BFEX not publish the user's photo, real name and surname on our lending process. The lender considers the credit score as significant.
• Use your Social Network to a score and earn money:
  BFEX - DSTCS system design in decentralized network with transparency by showing the user's credit score. So, BFEX not publish the user's photo, real name and surname on our lending process. The lender considers the credit score as significant.
• Cash back your every pay:
  BPAY is seamless e-wallet, which you can use with every merchat in our network by BFEX token directly. All your spending will be counted as credit scores and get paid every 1-5% at the end of the month.
  

How it works?
While banking institutions are restricted under traditional loaning system, BFEX is determined to develop nano-finance services to meet the consumers’ demands worldwide.

• Everyone can join:
  A specially designed Decentralized Social Trust Credit Scoring (DSTCS) system. Most of people are more easily to access to a loan better than an old way.
• Blockchain & Smart Contract:
  The system is transparent and high security by using Blockchain and Smart Contract to secure trust and confidence for all users.
• Set your own interest rate:
  Users can offer interest rates on your own, both the borrowers and lenders. The loan amount and interest rate range in your can offer, will be determined by the system.
• Cash Back 1-5%:
  BPAY wallet can pay for utility bills, including BFEX strategic partner stores such as hotels, restaurants etc. Every spend through BPAY will pay 1-5% at the end of the month.

BFEX Community
The BFEX Community is comprised of Investor, Borrower, Horeca and Retail Segment which are BFEX business partners who accept BFEX Tokens as a payment method for their goods and services. Investors and Borrowers will be screened by BFEX-KYC in order to be listed.

BFEX Application

Peer-to-Peer Lending Platform: A lending platform which connects the lenders and the borrowers, allowing them to interact and agree on the terms and conditions of the loan, such as the interest rate and payment due date, all by themselves. This mobile App is coming on Google Play and Apple Store.

BFEX Peer-to-Peer Lending (B-P2P)
Peer-to-peer lending system of BFEX (B-P2P) uses Decentralized Social Trust Credit Scoring (DSTCS) of BFEX as a tool for creditors’ consideration in lending. The average score is shown at the end of the borrower’s profile.

Token Details
Token: BFEX
Platform: Ethereum
Token Supply: 210,000,000 Tokens
Prices: 0.3 – 0.5 USD per 1 Token
Hard Cap: 36,000,000.00 USD
Soft Cap: 12,000,000.00 USD
Restricted countries: No restrictions
Accepted Currency: ETH

Why You Should Invest?

• The Heart: BFEX existence to solve a real problem with over 1.7 billion unbanked adults worldwide with barriers to gain
  financial access coupled with the current ineffective solutions and platforms, BFEX exists to serve the financial needs of the people, providing a platform that is not only affordable and secure, but also fast and robust.
• The Body: A strong customer base BFEX already has over 35,000 members worldwide who support the BFEX project.
• The Veins: A global community of holders of the BFEX tokens BFEX distributes over 25 million tokens worldwide to ensure that as many people as possible have a chance to be a part of our movement, giving the opportunity not only to those with the resources but also to those with limited resources.

ICO

• Pre-Sale
  Start date: May 1, 2018
  End date: June 28, 2018
  Token Sale: 45,000,000 Tokens
  Min contribution: 5 ETH
  Max contribution: 500 ETH
• Public Sale
  Start date: July 1, 2018
  End date: August 31, 2018
  Token Sale: 45,000,000 Tokens
  Min contribution: 5 ETH
  Max contribution: 500 ETH

Join Whitelist here https://ico.bfex.io/register

Token Allocation
Token Sale - 50%
Loan Assurance - 12%
Bounty & Marketing - 12%
Reward & Bonus - 10%
Founder - 7%
Development - 7%
Advisor - 2%

Funds Allocation
Research & Dev. - 45%
Marketing - 20%
Operations - 15%
Partners - 10%
Legal - 10%

Meet the Team

Find out more visit
Website: https://bfex.io/
Whitepaper: https://bfex.io/pdf/en/bfex_white_paper.pdf
Telegram: https://t.me/BfexOfficial
Ann Thread: https://bitcointalk.org/index.php?topic=3375492.msg35456988#msg35456988

Published By: Hurricanecol
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1576406
Eth Address: 0x43D58a3D64062e4E2cF6aD285c7FE3a8B25741cC