Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: TWQ-IP2PGlobal on April 18, 2018, 10:42:22 AM



Title: IP2P - Why are we different from a lot of other ICOs?
Post by: TWQ-IP2PGlobal on April 18, 2018, 10:42:22 AM
One of the most important distinction between TWQ token and other tokens is that the TWQ token is issued by iP2Pglobal, which is not a new entity put together just to do an ICO, as many other ICO entities are. iP2Pglobal started life as iP2Pmoney in 2015, iP2Pmoney is a legitimate Fintech company and it launched its first fiat based peer to peer lending platform in Indonesia in December 2016 prior to formal regulations being published there. Growing from strength to strength, IP2Pmoney will soon start it's formal licensing submission to be a regulated P2P lending operation under the Financial Services Authority of Indonesia.

Rashdan Ibrahim
Director


Title: Re: IP2P - Why are we different from a lot of other ICOs?
Post by: johnhg464 on April 20, 2018, 07:04:26 AM
What makes your project different from other similar projects?


Title: Re: IP2P - Why are we different from a lot of other ICOs?
Post by: azuhramurray12 on April 20, 2018, 08:23:49 AM
Can you provide more detailed information about your projects?


Title: Re: IP2P - Why are we different from a lot of other ICOs?
Post by: TWQ-IP2PGlobal on April 24, 2018, 07:37:12 AM
What makes your project different from other similar projects?

Hi,
Our main differentiating factors are:
We have a global rate mechanism and financing rate is based on individual credit rating
There is a Reserve Fund to cover default situations for lenders who choose to contribute
Credit assessment based on bank based credit scoring and social credit scoring
Automated lenders and borrowers matching
AML & KYC compliance
E legal agreement for all financing documents for legal recourse


Title: Re: IP2P - Why are we different from a lot of other ICOs?
Post by: TWQ-IP2PGlobal on April 24, 2018, 07:38:44 AM
Can you provide more detailed information about your projects?


Hi,

We at iP2Pmoney plan to develop a peer-to-peer lending platform using Smart Contracts and Blockchain technology called iP2PGlobal. The iP2PGlobal lending platform will bring together borrowers and lenders from all over the world and connects them on a single platform in a trusted, fast and easy manner. The financing products offered over the platform comply with Sharia finance principles. All financing provided over the platform will initially be in Ethereum ("ETH") and the Tawarruq contracts underpinning the unsecured and secured financing is recorded on Smart Contracts, called Tawarruq Tokens ("TWQ"). TWQ is a ERC20 token and is one of the Smart Contracts used over the iP2PGlobal platform which will execute automatic instructions with other Smart Contracts on the platform which cover loan disbursement and borrower repayment, as well as additional contractual provisions such as collaterals, insurance and loan recovery in the case of defaults.

However, although Sharia financing products are sought after by Muslims, this does not preclude or should deter non-Muslims from tapping onto the platform, iP2PGlobal is open to everybody regardless of their gender, race or religion.

You may find further details at ip2pglobal.io