BITCOINâ. SENIOR ANALYST GOLDMAN-SACHS. Aram Barnett ... Adult Americans personal data hacked in July 2017 ... Annuall
BLOCKCHAIN SMART ID AND ALTERNATIVE FINANCIAL SERVICES
LEADERSHIP
TEAM
Calvin Bradley
Amanda Graham
CO-FOUNDER & CEO
CO-FOUNDER & COO
• Fin tech Entrepreneur • Private equity finance and consulting background • Thomas Edison Innovation nominee 2017 • Speaker: Blockchain D.C NY Fin-tech-Fast paced ICO’s
• Human Right advocate with strong connections to social impact organizations • MS in Human Rights, Columbia • Hyperledger NYC meet-up champion • Speaker: Hudson Valley Tech Conference
Bob Visnov CTO
• VP technology at JP Morgan • CTO of Authentidate Inc • PHD,Material Science and Engineering, University of Pennsylvania • Expert in finance and cryptography
Josh Thompson
Mohit Mehta
CO-FOUNDER & CHIEF IMPACT OFFICER
DIRECTOR OF ECONOMICS & MARKETING
• Director of Education Bridgeport
• Political consultant at Run for America
• Executive Director of New Leaders
• Helped pioneer Pathways Program to help people run for office
• Former NYC Mayoral Candidate • Advisor to Cory Booker
• Policy advisor for New York Mayoral Campaign
• JD Law, Vermont law School
• Social media analyst
2
ST RAT E GIC
AD V IS ORS
Scott Bommer
Andrew Hoppin
FOUNDER OF SAB CAPITAL DIRECTOR AT THE ROBINHOOD FOUNDATION
Marta Piekarska
PUBLIC SECTOR AND CIVIL SOCIETY FORMER GOVERNMENT CIO
Ken Hausman SVB ADVISOR DEUTSCHE TELECOM
SECURITY ADVISOR HYPERLEDGER DIRECTOR OF ECOSYSTEMS
Carol Von Cleef BAKERHOSTETLER PAYMENTS INFRASTRUCTURE AND REGULATION
Aram Barnett
Lou Kerner “WALL STREETS MR.BITCOIN” SENIOR ANALYST GOLDMAN-SACHS
Nate Lubin OBAMA SENIOR DIGITAL STRATEGIST WHITEHOUSE DIRECTOR OF DIGITAL STRATEGY
LEAD TOKEN ENGINEER CEO ALLUMINATE
Sahil Sachdev CO FOUNDER, THE GIMLI PROJECT CO FOUNDER, SEND IT LATER
3
ID
PROBLEM
11% United States Citizens do not have governmentissued photo identification
50% Adult Americans personal data hacked in July 2017 (Equifax)
ID = Access No ID = No Access ID doesn’t necessarily mean security
http://www.brennancenter.org/sites/default/files/legacy/d/download_file_39242.pdf https://gizmodo.com/hackers-steal-personal-information-of-143-million-ameri-1802136954
4
A C C E S S
A N D
I N E F F I C I E N C Y
P R O B L E M
In the US, there are millions underbanked, underserved and overcharged by the traditional financial system.
77 mm Underbanked in the United States
$3 bn
$1 bn
Annually in fraud
Annually uncollected benefits
http://www.brennancenter.org/sites/default/files/legacy/d/download_file_39242.pdf http://www.cleveland.com/datacentral/index.ssf/2015/05/1_in_5_americans_receive_gover.html http://www.foxbusiness.com/features/2016/02/15/how-many-americans-have-bad-credit.html
21%
30%
Dependent on US government benefits
US population with poor credit
The US government spends an estimated $140 bn annually on EITC and SNAP.
http://www.brennancenter.org/sites/default/files/legacy/d/download_file_39242.pdf http://www.cleveland.com/datacentral/index.ssf/2015/05/1_in_5_americans_receive_gover.html http://www.foxbusiness.com/features/2016/02/15/how-many-americans-have-bad-credit.html
5
SOL UT IO N :
ID Meanwhile, up to 97% of low income individuals have smartphones*
ID as a point of Access
12:30 12:30
Confirmed
Fummi is an android app. It uses SmartID to transform services for the underserved and underprivileged: 3 key features: 1. Digital ID - Change Pass
JS You have successfully added
Jessica Smith
917-930-6597
04/07/91
PHONE You’ve just added DATE OF BIRTH
+$10.00
2. Safe storage of money - SmartWallet Available Balance $300.00
3. Marketplace for service providers and beneficiaries
Verify My Identity BOOK A SHELTER
FIND A DOCTOR
EARN MONEY
Mobile ID and verification
Blockchain (Hyperledger’s Fabric) based SmartID app that reduces fraud and provides people streamlined access to low-cost government services
SOL UT IO N :
C H A N GE
CO I N
Safe Storage of Money
12:30 12:30
The Fummi ecosystem makes use of the Change Coin:
Confirmed My Activity WALLET
2. Reduce the cost of services through the cooperative purchasing platform 3. Function as a currency for improved and sustainable alternative financial services.
PAYMENTS
JS
You paid Urban Pathways
UP
Checkin APPROVED
3 key features: 1. Safe storage of money
SNAP
UP
REPORTS
-$10.00
04 / 23 / 17
04 / 23 / 17
You have successfully added Meal voucher exchange 04 / 23 / 17
You’ve just added +$1.25
You collected bottles RiteAid 04 / 24 / 17
UP
+$10.00
REPORT
Checkin APPROVED 04 / 23 / 17
Available AvailableBalance Balance$300.00 $300 BOOK A SHELTER BOOK A SHELTER
FIND A DOCTOR FIND A DOCTOR
EARN MONEY EARN MONEY
Change Coin Ecosystem
Blockchain (Ethereum) based token that adds liquidity in our closed loop system
OUR
TECHNOLOGY
OFFERS
Smart ID technology powers next generation financial services
12:30 12:30
Confirmed
12:30
Ready to Check In
JS
JS
Jessica Smith
PHONE
04/07/91
DATE OF BIRTH You’ve just added
+$10.00
12:30
You have successfully added
Jessica Smith
917-930-6597
04/07/91
PHONE
DATE OF BIRTH
Approved
12
STATUS
ROOM
917-930-6597
04/07/91
PHONE
DATE OF BIRTH
+$10.00
MY CHECK IN CODE
Verify My Identity
Complete Check In
BOOK A SHELTER
FIND A DOCTOR
Available Balance $300.00
FIND A DOCTOR
EARN MONEY
EARN MONEY
Enables additional earnings generation
You paid Urban Pathways
UP
Checkin APPROVED
UP
Meal voucher exchange
UP
Mobile ID and verification
-$10.00
You have successfully checked in!
04 / 23 / 17
Urban Pathways Friday, June 2 11:30am 145 15th Street, New York, NY 10017
04 / 23 / 17
+$1.25
REPORT
04 / 23 / 17
Available Balance $300
FIND A DOCTOR
You’ve just paid
-$10.00
Checkin APPROVED
BOOK A SHELTER
Check-in and payments for locational services
REPORTS
04 / 23 / 17
04 / 24 / 17
BOOK A SHELTER
Confirmed
PAYMENTS
You collected bottles RiteAid
Verify My Identity
Available Balance $300.00
SNAP
JS
You’ve just added
Urban Pathways Friday, June 2 11:30am 145 15th Street, New York, NY 10017
12:30
My Activity WALLET
Jessica Smith
You have successfully added
917-930-6597
JS
12:30
Confirmed
Financial services empower the underbanked and underserved
EARN MONEY
Records transaction history
Available Balance $290.00
BOOK A SHELTER
FIND A DOCTOR
EARN MONEY
Payment management and budgeting 8
ECO SY S TE M
BE NE FIT S
Blockchain auditability and transparency
Reduced admin cost per user Increased user accountability per transaction
More people get services they need
Unique secure records with corresponding data from accredited vendors reduces fraud
ECOSYSTEM BENEFITS
Government and NGOs can securely transmit funding directly to the user
Streamlined payments through blockchain protocols
Trusted network scalable growth
Automated payments & analytics 9
B U S I N E S S M O D E L & A D D R E S S A B L E M A R K E T
SOFTWARE AS A SERVICE
45,000,000 Universe of LifeLine Customers
$3/user
A LT E R N AT I V E F I N A N C I A L SERVICES FOR THE UNDERBANKED & UNDERSERVED
This represents an opportunity to provide alternative financial services to the underserved and unbanked population.
Service Provider Monthly Fees
Blockchain reduces fraud, enables peer-to-peer lending, and creates auditable and transparent services for users.
10
MA R K ET
OP P ORTUN ITY
AND
G RO WT H
Users S TA G E
5 S TA G E
Partner with bank charter Alternative credit scores and blockchain automated micro-lending Micro-lending at massively reduced cost to the user
4
S TA G E
Enables direct deposit banking services Transaction history builds credit profile Money transmitter license: Debit cards
3
S TA G E
S TA G E
Enable benefits administration and management Benefit and financial planning via push notifications Peer-to-peer lending
2
Full Production MVP and service provider network Cooperative purchasing Neighborhood Trust: Savings gamification pilot
1
Pilot with Urban Pathways shelter and POTS food pantry NYC Fummi verifiable digital ID Closed loop payments systems
300,000,000
30,000,000
3,000,000
300,000 30,000
11
D I S T R I B U T I O N
R O A D M A P
Distribution roadmap to have Fummi preloaded to millions of lifeline smartphones:
NYC HOMELESS
Stage 1 Robin Hood partner organizations
US UNDERBANKED
DIRECT MARKETING PARTNERSHIP
MASS MARKET
GLOBAL
Stage 2
Stage 3
Stage 4
Stage 5
Life Wireless - 5 mm app pre-installed and card partnerships
Lifeline Federal Assistance Program 45 mm
Prepaid and payment services
International Partnerships
The 5 mm user mobile distribution strategy will target having the largest number of token holders out of any altcoin. A mere 5% of the total lifeline customer base. 12
TO K E N
S A L E
Marketplace access Token: Change Protocol “Change Coin” Fummi Working Capital Acc
Ethereum ERC20 token Purchase Methods: BTC, USD Total Token Supply: 200,000,000
Exchange: 36.76% CNG: 73,529,412 Private Sale Price: $0.68
12:30
JS Jessica Smith 917-930-6597
04/07/91
PHONE
DATE OF BIRTH
Sale Goal Minimum Raise: $5,000,000.00 USD Goal: $50,000,000.00 USD
Users (Donated) Percent of total: 39.24% CNG: 78,480,000
Verify My Identity
Escrow Acc
13
FLOW
OF
FUNDS
Blockchain database
Using the mobile app the user pays for a service. • Dollar amount is debited from the local balance When connected, the mobile app posts this transaction to the BCC backend database and blockchain
Mobile app payment
Service provider
• Payment is debited from the user account
Marketplace services
Bank
TRACTION
DISTRIBUTION
FOUNDATIONS
SERVICE PROVIDERS
15
D I F F E R E N T I AT I O N
Digital Identity Landscape: 1. Banqu 2. Civic 3. Cove 4. Humaniq 5. Indy
16
C O N TA C T
Thank You - Please contact us for more information: www.blockchainforchange.org
[email protected] www.facebook.com/blockchain4change
@BCCBlockchain @blockchainforchangeofficial https://t.me/blockchainforchange 17
