Help Us Spread the word about Finterra!!
Get points for every successful referral on our channels below and get FINs for it!
Points Map :
For every successful sign- up of a person that you refer with an email, social media account and mobile contact number:
For every successful sign -up on https://finterra.io = 1 point(s)
Every successful add on telegram  = 2 point(s)
Every like AND share on facebook, twitter, Instagram = 2 point(s)
Every like AND share on Linked In = 4 point(s)
Every reply on Bitcoin Talk = 5 point(s)

Please use the links and take note of the terms and mechanics below:

Mechanics

(Total allocated FINs / Total no of points) X Individual points

Example:

FINs Allocated = 200 FINs
Total no of points earned by ALL participants = 250
Total no of participants = 50
Person A has 26 points
Person B has 10 points

Person A will earn (200 FINs / 250 points) X 26 = 20.8 FINs
Person B will earn (200 FINs / 250 points) X 10 = 8 FINs

All calculations will be made public and rewards deposited into respective Finterra accounts
Terms:
1.   This competition is only valid from 12th June till 14th June 2018. The cut-off time for all points collection is at 00:00 hours 15th June 2018.
2.   For terms which include “like AND share” – both actions must be done to qualify for the points given.
3.   All Participants MUST be a NEW to Finterra AND only successful likes and accounts will be considered.
4.   All accounts will be verified by email, social media accounts and phone number.
5.   Newly created social media accounts with minimal activity will be considered as spam and not qualified.
6.   All Finterra accounts used MUST be verified and active.
7.   All accounts that are signed up should not be removed or inactive. Duplicate sign ups will be considered void.
8.   Bitcointalk post replies should be informative, encouraging and MUST include some suggestion that has not been forwarded before in the thread for improvement.
9.   List your referees with their Name, Social Media Account Links and Contact Number in a spreadsheet and email it to info@finterra.org

Thank you for your support and confidence in Finterra as we continue to grow and improve to serve you better. Please join us on our official channels for more correspondence:

Email: info@finterra.org
Telegram: http://t.me/finterra2u
Facebook: http://www.facebook.com/finterra2u/
Twitter: http://twitter.com/finterra2u
Instagram: http://www.instagram.com/thefinterra/
LinkedIn: http://www.linkedin.com/company/finterra
Google+: http://plus.google.com/105568185846575647352
Bitcoin Talk : https://bitcointalk.org/index.php?topic=2907615.0 | https://bitcointalk.org/index.php?topic=3292347.0 
Websites: http://finterra.io | http://finterra.org | http://finterra.com

What is the solution to the Loyalty Rewards problem?

 

As of 2017, the estimated value of the global incentives and rewards industry was approximately US$320 billion with an annual growth of 6% expected thereafter. According to a survey by Code Broker, The Nielsen Company, 76% of the consumers simply do not use their shopping incentives and the 2016 Bond Loyalty Report states that from loyalty programmes across all industries, the percentage of active members was only 50 percent and of this 10 % had never redeemed their rewards. The Bond report also showed that loyalty reward members who do redeem their reward points were 2.7 times more likely to defect from a programme and join another.

So why the low redemption rate?

Loyalty points, for the most part, are not convertible to cash and due to their nature, consumers own an excessive amount of loyalty points they do not redeem. Merchants and big chains devote numerous resources keeping track of loyalty points, and marketing their programmes. However, only a small percentage of these get redeemed for products people actually want, resulting in considerable company resources being wasted and customers paying for points they do not use.

The reason consumers are ignoring so many rewards programmes is because the majority of programmes look the same. Each provides, to varying degrees, some form of bonus, some form of discount, or some sort of privileged access. Considering loyalty points are powerful tools to trigger purchases, there is a surprising apathy towards their utilisation.

In addition, due to the inflexible nature of reward points and shopping incentives, consumers are not easily able to transfer exchange or sell them to other users. With an ever-increasing number of loyalty cards in wallets and purses, highly impractical for use on a daily basis as they to be constantly carried around in physical wallets, it is not surprising that consumers have difficulty utilising their points.

Finterra’s Loyalty points Exchange

Finterra’s Loyalty Points Exchange looks to change that by enabling the secure exchange of Merchant Loyalty Reward Points, adding liquidity to currently unused loyalty points by allowing consumers to buy/sell / transfer/exchange / and gift their loyalty points for products and services from merchants on the points exchange ecosystem. Being able to use their Loyalty Reward Points in this way creates a situation where reward points have an actual value and puts the buying power back into the hands of the consumer.

With the exchange, being built on Finterra’s Blockchain IP and accessed online, multitude brands and merchants can be carried on a smartphone, without the need to carry excessive loyalty cards. The added bonus of this being both the consumer and the merchant can see and verify the transactions in real time and records updated immediately.

Finterra Blockchain offers the possibility for unique (and uniquely verifiable) items and having this information on a smartphone means a precise geolocation can be used to offer increased value to existing customers and new customers through the exchange ecosystem. Additionally, the valuable data gathered from the transactions that take place through smartphones and online via eWallets allows merchants, and brands the opportunity to target specific groups of users according to their interests, demographics or location, hence driving value and engagement with consumers to new levels.

 

For more information, please contact David at loyalty@finterra.org

Using Blockchain For Identity Management 

Solving the current state of identification management

 

In mid-2017, an Equifax data breach exposed 145.5 million users’ data. The breach was caused by a software flaw which allowed the hackers to take over the company’s website. 

Currently, people receive many different identification certificates, including social security and medical ID cards; however, their personal data may be stored in many places, including their bank, their insurance company, and on any subscription software they use, such as their Netflix account. Any of these intermediaries could be hacked, exploiting their users’ personal information.

To combat money laundering and other illegal financial activities, financial services firms must comply with know your customer (KYC) processes. These firms collect and verify identity information to screen new customers and assess risk. The process is slow and expensive—estimates of KYC costs are upwards of $15-$20 per new customer enrolled.

For better identity management, let’s explore some of the solutions that blockchain’s most prominent features could bring;

 

Better control over personal data

In blockchain, users know what data is collected about them and how they are processed. Due to blockchain’s open nature, any modification of the protocol requires the consensus of the nodes, meaning optimum transparency and security for all users.

 

Improved privacy   

With the transparency of the ledger, the combination of secure end-to-end encryption of communication also help reduce the privacy concerns arising from the public nature of the ledger.

 

Engage in relationships with more trust

Blockchain removes the middleman and allows citizens to manage their own identity, allowing them to be better managed and traced to its source.

 

Identity management provides a promising opportunity to moderate identity theft and fraud and reduce overall costs and time. While cybersecurity concerns are a real concern still, improved technology will build trust in this new way for people around the world to manage their identity.

MUSCAT, OMAN – Asia’s blockchain scene is about to get a boost, as new agreements were inked on Tuesday (May 1) to enhance cross-country partnerships and co-innovation between Oman and Malaysia companies.

This took place at the biennial Oman Global Tech & Investment Summit 2018 held at the Grand Hyatt, where a slew of memorandums of understanding (MOUs) were signed.

The planned Oman Global Tech & Investment summits targeted to bring billions of dollars’ worth FDIs, hundreds of latest technologies, products and services to Oman which can generate thousands of new employment & entrepreneurial opportunities to Oman for long time to come.

To improve market access for endowment (Waqf) assets from both countries and promote Malaysia as an ideal regional launchpad for the first ever endowment (Waqf) platform on blockchain, Finterra signed an MOU with National Technology & Services, (NTS). Finterra’s Endowment Chain allows participants to create project proposals to develop and invigorate endowment properties by placing these underdeveloped properties on blockchain.

Both organisations will facilitate bilateral partnerships for innovation, knowledge exchange and the sharing of best practices.

Join our Telegram group and ask the Finterra team directly, any questions you have about the exciting things we are building.

Our CEO himself, Mr. Hamid Rashid might even answer you directly!

Come and join the discussion today!

Drop us a note in the comments below when you've joined and we'll pick someone to win some exclusive Finterra swag!


Telegram
t.me/finterra4u

• Under the leadership of Mr. Hamid Rashid, Founder & CEO of Finterra, the forum was hosted at
the Shangri-La on May 7 at 8 AM.

• The overall objective of International Waqf and Blockchain Forum 2018 is to establish clarity and
a collective understanding of the potential of blockchain technology for supporting the facilitation
and development of waqf on a global scale whilst also promoting new economy alternatives to
enhance Muslim unity.

• The awards bring together distinguished personalities and modern-day icons from the world of
Waqf, Islamic Finance and Technology, giving recognition to individuals and corporations for their
leadership and unrelenting contribution in research and philanthropy.

May 7, 2018, Dubai, United Arab Emirates: Finterra, a truly global, fully inclusive financial platform that
aims to bridge the gap between consumers and providers hosts the first ever International Waqf and
Blockchain Forum with the theme of “Harnessing the Power of Blockchain technology for the Global
Development of Waqf”. The forum will serve as a platform to explore the boundaries of new waqf
developments and initiatives. It will shed light on new thoughts and ideas, in the quest for transformation
and management of a sustainable socio-economic path for Muslim nations across the entire globe.

Commenting on the success of the forum, Mr. Hamid Rashid said, “Dubai is a budding sphere of
opportunity that encompasses the fast-growing Middle East, Africa and South Asia (MEASA) markets,
which are undergoing substantial demographic shifts and have younger, more technologically savvy
populations. We are extremely host the first ever forum here, to collectively use blockchain technology
to modernize the management of Islamic development.”

He added that “The IWBF platform is there to establish clarity and a collective understanding of the
potential that blockchain technology possesses for the facilitation and development of Waqf assets on a
global scale, whilst also promoting new economy alternatives to enhance Muslim unity”.

H.E. Prof Dr. Koutoub Moustapha Sano, Minister in the President Office and Diplomatic Advisor to the
President of the Republic of Guinea was the key delegate and awarded for his excellence in Waqf
initiatives and development. The forum was also graced by key dignitaries and industry experts such as
the Honourable Minister, Mr. Amin Pathan from The Haj Committee of Rajasthan. The attendees also
witnessed the signing of key Memoranda of Understanding with the Canadian University Dubai. Prof Dr
Syed Khalid Rashid was awarded for his excellence in Education & Practice.

Key speakers:

• Professor Dato Dr. Sano Koutoub Moustapha – Minister in The President Office & Diplomatic
Advisor to The President of The Republic of Guinea

• Assoc. Prof. Dr. Magda Ismail Abdel Mohsin – Associate Professor at International Centre For
Education in Islamic Finance (INCIEF)

• Umar Oseni – Executive Director, Legal & Compliance International Islamic Liquidity Management

• Mr. Hamid Rashid – Founder & CEO Finterra Blockchain

• Prof. Dr. Monzer Kahf – Professor of Islamic Finance & Islamic Economics, USA

• Hj. Mazlan Ahmad – Executive Chairman – Finterra


source:
http://www.finterra.org/2018/05/15/finterra-hosts-the-first-ever-international-waqf-and-blockchain-forum-in-the-middle-east/

we will do our best to do so.

With the Malaysian electoral process preparing to ramp up to full speed tomorrow, Finterra argues that Blockchain technology, which is already widely used in finance, real estate, healthcare and other sectors — not only offers the most secure voting technology available, but could potentially revolutionise the entire voting process, bringing innovation to an outdated system and, more importantly, improve election security across the board, reducing skepticism of the democratic process across the globe.

 

Voting Security Advantages on the Blockchain

Every record on a blockchain appears on a peer-to-peer, distributed ledger, meaning that everyone on the network can view and verify records. For election purposes, each vote would connect to an individual voter, and any discrepancies would be solved by simply reviewing the ledger — reducing voter fraud. Further, voters’ identities would be completely anonymous.

Though individual votes would be publicly available, voters would be masked behind an encrypted key of random numbers and letters. This would ensure privacy and security — much more than traditional ballot boxes — and reduce the possibility of voter suppression: if you can’t identify voters, you can’t target them.

A blockchain is also immutable: that is, every record on the ledger is permanent and unalterable. That would make auditing easier, tampering almost impossible and lost or missing votes a thing of the past. Every ballot would be final and guaranteed.

But perhaps the important security advantage of the blockchain is decentralisation. Because the ledger is distributed across a public network, it has no single storage base. In order for the voting network to be compromised, you would need to hack a majority of the “blocks” and complete the hack before new blocks are created, like an extremely complex game of whack-a-mole. This makes hacking any blockchain hard. For a large blockchain — such as an election blockchain — it would be even harder.

 

Next Steps

Critics of blockchain-based voting largely miss the point. While the blockchain may be imperfect, its weaknesses are dwarfed by those of the current system. Furthermore, blockchain technology would solve the two most prominent election concerns (which generally fall along ideological lines): voter access and voter fraud.

For activists worried about voter suppression, a blockchain-based solution would allow eligible voters to cast ballots anonymously on their laptops, tablets or smartphones, using an encrypted key. At the same time, the public ledger would tie each ballot to an individual voter, establishing a permanent and immutable record. Fraud would be highly unlikely, and any foul play would either be evident on the ledger or corrected by the peer-to-peer consensus network.

In that regard, blockchain-based voting represents a bipartisan win-win proposition. The trick lies in persuasion and adoption, as with any major technological innovation.

 

 

With Finterra in the final stages of building its own proprietary blockchain platform, Finterra enables real world solutions that address the needs of governments and global industries.

Finterra offers a truly global, fully inclusive platform that aims to bridge the gap between consumers, providers and regulators through its innovative blockchain platform.


Source
http://www.finterra.org/2018/05/08/can-blockchain-technology-solve-voting-issues/

The Open test net will be available soon.

The team can be found here and on linkedin actually.
http://finterra.org/about/#our-team

At the World Blockchain Forum 2018, in Moscow (26th April). FINTERRA showcased as a true Social Solution for Blockchain.

FINTERRA signs with PALMEX Exchange for listing in Middle East

önümüzdeki ay Dubai'de bir etkinlik düzenliyoruz
http://fintechnews.ae/events/international-waqf-and-blockchain-forum-iwbf-dubai/

Finterra aims to put Waqf/Endowments on the blockchain, imagine if money didn't need to be squandered, money that was supposed to be used for charity. This could be the game changer we need in the endowment sector as it will bring about the transparency of transactions which can avoid misappropriation of funds by project managers, endowment managers, and stakeholders as well. The transparency will also allow the public to regulate the projects and call out any discrepancies they find in project proposals. Finterra also plans on having a loyalty point exchange that allows users to trade loyalty points for other points, therefore not limiting users' loyalty points to only one brand or company but allowing them to freely use it within our E-cosystem which will have vendors and services like flights & hotel bookings, utility bill payments, telco top-ups, and so much more.

Not to mention that Finterra will feature an open source developers environment complete with an easy to use GUI with will allow even the layman to make their own smart contracts, therefore allow the ease of use for endowments and business smart contracts. Finterra doesn't just plan on changing the business industry but rather bringing the old world into the new one beginning with the endowment sector. Finterra already has over 70,000 users on their ecosystem.

Please have a look at our corporate video and sites, we are essentially a platform that allows people to crowdfund endowment projects & create their own smart contracts through an intuitive easy to use GUI/developers environment, loyalty points exchange, global crypto Exchange Integration and Blockchain integration(through COSMOS).

Please do check out our corporate video.
https://www.youtube.com/watch?v=BSYDYOmJrdo

I was so hoping that we would have upgraded by now.

Decoding Modern Waqf : A Social Blockchain Solution for Saudi Arabia




There has been a gradual realization of Waqf  as a pertinent tool that has the potential to enhance economic, financial, social and other aspects of human life.  Waqf  has taken place in many Islamic countries for centuries and as in definition, Waqf  is the holding of one’s property and preserving it for confined benefits of certain philanthropy with no divergence.

A new venture aims to use blockchain technology to modernize the management and investments of Waqf , that would tap into a vast but underutilized pool of assets across the Muslim world.

Singapore-based financial technology company Finterra has developed a platform that is socially, economically and, morally viable for the global development of Endowment (Waqf ) assets, via crowdfunding, and under the privy of regulatory compliances.

“Finterra’s Blockchain solution is developing and growing, we are finding new and innovative ways of using our BlockChain platform to implement new solutions in various business lines. But our main aim is to re-invigorate and bring a solution to the 800 year old problem of Waqf . Through our platform we will make it easier for Land/Property Trustees, Waqf  Boards and even individuals to develop and realise monetary values on their assets that will benefit the communities and societies that the Waqf  was intended for,” said Hamid Rashid, Founder and CEO of Finterra, who will also be speaking at Decoding Blockchain KSA this April.

Waqf  in Saudi Arabia is well organized across the public and private sectors generally; yet, this organized structure of Waqf  does not keep pace with the growing and diversified nature of Waqf  as a whole sector which requires reconsideration of the managerial aspects of Waqf  in Saudi Arabia.

According to the Awqaf Board in Saudi Arabia there are approx 124,000 Waqf  properties and land parcels in the country, and a BlockChain platform could help develop, re-develop and  build new projects using  Shariah compliant Smart Contracts.

The Waqf  Blockchain solution can give users financial freedom by making transactions more efficient and transparent. Users in their ecosystem are able to use their platforms for a range of activities like utility payments, telco top up purchases and flight and hotel bookings, all at a discounted rate. Finterra’s fully inclusive financial platform that aims to bridge the gap between consumers and providers, offers the world’s first borderless blockchain driven, zero fee cloud based platform.

“The Waqf  BlockChain solution is really a first, we have spent a lot of time and consultation with various Waqf  Boards and experts in Waqf  & Shariah to create a solution that will work and more importantly be Shariah compliant,” added Hamid Rashid.

He firmly believes that blockchain solutions are definitely the way forward with regards to Waqf  management and that its efficiency, transparency, and cost effectiveness will benefit the society at large.

In light of these developments, Bizwingz Production House is hosting Saudi Arabia’s very first blockchain conference, Decoding Blockchain KSA 2018. The conference offers unique networking opportunities for attendees to connect with Fintech and Blockchain industry leaders and innovators who are looking to explore the distributed ledger technology, while providing an ideal platform to understand the promising technology of Blockchain in the modern Middle East world.

The conference offers VCs, bankers, government officials, payment companies and more the opportunity to not only actively exchange information but to also establish powerful strategic alliances.

The conference will present a range of speaker sessions through which participants are given the opportunity to meet with innovators who offer business solutions that will help banks and financial institutions reduce costs and improve efficiency and integrity.

Come watch the best minds in the blockchain industry from across the pan-Saudi region, as well as the rest of the world, convene on a single platform on the 23rd and 24th of April, 2018 at (venue).

Registrations are open – Ensure your participation for the ultimate knowledge-sharing conference at the earliest.

Register Your Interest (http://www.decodingblockchain.com/)

Feel free to reach out to the below contact for further discussion concerning your attendance at the conference.

Source
http://www.eyeofdubai.ae/news/details/decoding-modern-waqf-a-social-blockchain-solution-for-saudi-arabia