Our plans use AirToken to bridge the local currencies of lenders and borrowers in the marketplace.
Maria needs R$ 250 to buy a used sewing machine to start a tailoring business in her home, but she doesn't have a bank account or credit rating
Maria builds her trustworthiness score by using the Airfox app daily. Now she can borrow R$ 250.
Maria pays the AirToken loan back in installments with income from her new business.
Lenders loan capital anonymously using AirTokens to cohorts of users in the app based on their risk.
We believe structural issues and lack of trust in traditional systems allow for financial exclusion. To overcome this issue, our aim is to provide an array of financial services at a fraction of the costs of traditional providers using three complementary core technology pillars:
The AirToken web app is expected to enable Ethereum wallet and AirToken holders to
Keep up-to-date on all new Airfox and AirToken developments.
