PCCL GLOBAL APP — BASIC VERSION!

The block chain is an undeniably ingenious invention — the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Block chain?

By allowing digital information to be distributed but not copied, block chain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bit coin, (Buy Bit coin) the tech community is now finding other potential uses for the technology.

Bit coin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $9 billion US. And block chains can make other types of digital value. Like the internet (or your car), you don’t need to know how the block chain works to use it.

PCCL app developers have developed a big data science based unique scoring algorithm on artificial intelligence (AI). The algorithm collects and analyses parameters which aids in making precise predictions about the borrowers trustworthiness. Precise predictions is a very important facet. We frequently improve the system to get more precise predictions.

As an example, the borrower’s repayment method is tracked and the borrower’s personal issues are tracked and it automatically analyzes the access to the loan.

We receive customer related data from the social networks used by the customers through their e-mail and phone numbers. This process creates an ample customer profile. With this profile, we are able to provide micro, small and medium loans to the poor people, unbanked people, young professionals, refugees and immigrants who do not have access to basic financial services without the requirement of a credit history.

The PCCL app is the focal access point to the financial services provided by the PCCL Eco system. The app can be used by token holders and the target audience for multiple purposes. It has a wallet which can be used as a token storage by those who have tokens. Another featured wallet available in the PCCL app allows borrowers to store their fiat currencies.

There are 3 stages,

Stage 1 — Basic version,

This version is offered to borrowers for micro, small and medium scale entrepreneurs lending. When the basic version is launched, we can offer the fiat wallet facility to other borrowers.

PCCL will develop its own e-wallet, which will be integrated across all compatible platforms so that investors only need to transfer money to one single account. Investors can then easily browse and view loans, as well as select the desired loans and the desired investment amount, completing the loan investment with merely a few clicks. This makes investment and diversification of assets an extremely simple and streamlined process.

Through this globalized app one could micro lend, complete payments — bill payments, and e-wallet o make money transfers. The facilities are available to whosoever accesses the PCCL Ecosystem. Borrowers can store the fiat currency they receive from Micro, MSME and green loans in the wallet. A small, medium or micro businessman can make payments through the wallet.

Join PCCL, stay tuned!

By Meleeza Ratnayake