⚡ AZ FundChain - Financial Inclusion Through Decentralized Money Circles ⚡

Today the financial ecosystem connects different people, organizations and companies around the world irrespective of their gender, culture and country. This financial relationship allows them to function efficiently and effectively. These financial institutions helps us to grow economically and thus contributes to overall growth of countries GDP. The financial system allows to do self financing and venture capital and thus financial money flows in a particular direction.

Today, we met with new financing method which allow organizations to raise funds called crowdfunding. And this financial tool allow different projects and startups to raise necessary amount of funds to develop their products.

Problems

Despite having huge advantages and benefits, today's financial systems are facing many challenges. The classical crowdfunding methods are posing risks than those of benefits. That's why investors are direction-less and are not making investments decisions.

To understand this let's take an example, when you decide to invest in crowdfunding events but still you are not sure about it because there is no sure that the projects can reach it's goal, whether they are capable to create the products or not OR simply they can take our money and go somewhere. And even we don't know whether the projects are technology based or creative one. And if it is creative project, there are many vulnerable points exist in crowdfunding schemes.

Let's say, you are an artist and you decided to raise funds by crowdfunding method. For this you record the music and release the album. Conversely at the first stage you started to receive funds. But at the same time, there no process which insures or provides copyright protection for our music so that nobody else can raise funds from our album. This is a potential risk arises while raising funds. And this hinders the process of raising funds and creates obstacles for fans who have desire to donate the funds for their favorite artists.

Such cases are offensive in the world of financial ecosystem. And the classical financial methods are incapable to provide solution to such risks and does not protect the investors money. But now thanks to a team of professionals who are committed to provide solution to both sides of this problem by creating a platform called FundChain.

About the project

The main aim of the FundChain project is to provide a perfect financial ecosystem which provides investment protection, transparent and reliable crowdfundig tools powered by blockchain technology. The project also provides financial assistance for new projects to develop creative products. The FundChain platform has developed mobile application for both Android and iOS devices.

The FundChain provides all the necessary tools for investors and which helps them to monitor the project's developments in which they have invested. Investors can also save their money at expenses on certain financial transaction fee. This helps a lot for investors to verify whether the projects that they have invested are actually working or not.

Features and benefits

FundChain platform is creating positive environment for investors and provides solution to existing financial model. New tools and features provided are:
• firstly, FundChain platform provides transparency and security in it's every operation. Users need to pass KYC before start using the platform services;
• secondly, the FundChain platform is built on peer-to-peer model, it connects investors and legal entities for participation within the application. They have the opportunity to choose whether to take part in the present financial circle or create their own circle;
• thirdly, on the FundChain platform users can securely make deposits and withdrawals in Fiat and cryptocurrency;
• fourthly, the platform has implemented self executing smart contracts to process every financial and crowdfunding transactions upon the agreement of both the parties. This method eliminates any third party interference and solves the disputes quickly;
• lastly, implementation of blockchain technology provides huge advantage for project developers. They can handle huge volume of transactions, process them at faster rate with very less fee. It helps to create decentralized financial circles which are free from country, political and location restrictions. Thus everyone can easily participate;

Technically, the FundChain platform provides huge advantages than classical financial models. Thanks to the project team that they have identified the problem and decided to provide solutions to it.

ICO details

The FundChain platform uses its own internal token called AZ. Which will be used to perform every platform operation. There are totally 30 million coins were minted and or of which 2.7 million will be allocated for sale, 9 million for public sale and the remaining will be used for platforms development process, for advisors, team and founders. The remaining tokens were locked for 1 year period to ensure price protection and to bring trust.

The price of the token will vary during every stage, initial price will be $0.50 per token in private sale and in public it will be $0.63. The project set it's Hardcap at $7 million dollars.

Team

Conclusion

It is good to see such a real use case projects are developing on blockchain technology. The FundChain is committed to provide new financial ecosystem through mobile applications. This gives huge advantage because most of the users use mobile devices. And thus FundChain help investors by providing all the necessary tools to make better financial investment decisions. Now they can not only monitor invested project's developments but also save money in transaction fee. The platform also provides secured deposit and withdrawals in Fiat and cryptocurrency.

Finally I would suggest you to read the official whitpepaper of the project for more details. This project needs much public attention and I wish all the best for this great project.

Learn more about AZ FundChain:
Website: https://azfundchain.io
Read Whitepaper: https://azfundchain.io/whitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5096656
Telegram: https://t.me/fundchainAZ
Facebook: https://www.facebook.com/azfundchain/
Twitter: https://twitter.com/azfundchain
Medium: https://medium.com/az-internet-blog

About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d