Introducing to the Sentinel Chain!
The Sentinel Chain is a global B2B marketplace for financial services accepting the use livestock as collateral. There are more than 570 million farms worldwide, most of which are small and family-operated. These smallholder farmers rely on seasonal agricultural production for their livelihoods. Approximately 70% of the global food production comes from small-scale agriculture. The ‘poor’ are much richer than they think. What they need is a solution to unlock their economic potential. The sentinel Chain came up with the solution will revolutionize financial access by unlocking the true economic capital of the unbanked.
Since we discovered problem, I am introducing quick guild for you to understand how the Sentinel Chain Increased Adoption and Utilisation over the global B2B marketplace (The Sentinel Chain is the first in the history):
To revolutionize financial access, the project aims to increase adoption and utilisation of the Sentinel Chain as an international marketplace for cross-border financial services by connecting local community blockchains to offshore financial service providers. With an increased adoption and utilisation of livestock insurance in conjunction with Crosspay Blockchain, other economic activities utilising the CrossPay Blockchain such as livestock-collateralised loans, are likely to increase as well. This creates a virtuous cycle which increases the network effect of the Sentinel Chain. The number of active users is expected to grow rapidly in the early years as the Sentinel Chain opens new markets, either by expanding its own operation or via licensing of the software to local entities.
the Sentinel Chain Token (SENC), a utility token that comprises of 6 major features
INSURANCE For insurance companies to publish livestock insurance on CrossPay Blockchain, based on verifiable livestock assets on CrossPay Blockchain.
LOANS For local financing companies to publish loan agreements on CrossPay Blockchain, hedged on livestock collateral.
COLLATERAL For local financing companies to use as collateral to borrow from overseas financing companies.
CROWDFUNDING For overseas peer-to-peer lending and crowdfunding platforms to use the service of Sentinel Chain to provide financing for local financing companies.
COMMUNITY PROJECTS For overseas donors to use the service of Sentinel Chain to fund the local community projects like humanitarian aid or disaster relief.
E-PAYMENTS For token holders to use the service of CrossPay Blockchain to make electronic payments with local merchants.
You Can found out more SENC Features on Sentinel Chain official website:
https://icodrops.com/sentinel-chain/Looking forward for you to join the Sentinel Chain revolution!
