ROSCAcoin - Blockchain technology that includes smart contract features.

The ROSCA method is a group of people who agree to meet for reasons of saving and borrowing for a certain period of time. This is a composite form of peer-to-peer banking (P2P) and peer-to-peer (P2P).

According to Wikipedia, "FJA Bouman" describes ROSCA as "the bank of the poor, where money does not go long, but quickly changes hands, satisfies consumption and production needs."

What is ROSCA?

ROSCAcoin (RCA) is a crypto currency supported by the Self-Regulating, autonomous, decentralized, and blockchain based (CBOS) Self-Regulating Credit and Savings Loan Association. Through blockchain technology, which includes intelligent contract functionality, ROSCAcoin can create a financial solutions ecosystem, which uses social proxy capital to work closely with the best financial options by eliminating higher costs, simplifying financing, increasing investment opportunities and risk of ersifikatsii.

In developing countries worldwide, more than 1 billion people or 17% use ROSCA to store / borrow and support each other in their trusted communities. In addition, more than 2 billion people or 39% of the world's population do not have bank accounts in the world, and they may need help for some financial activities, such as credit. The banking system is against its purpose to serve the rich, not the poor. For people who do not have a bank account, no good salary, it will be very difficult for them to get financial support

Solutions offered

Rotating and Saving Credit Associations (ROSCA) is an individual group that creates an alternative economy based on Peer to Peer and Peer to Peer banking loans. Creating decentralized services based on blockchain and cryptocurrency technologies, they build ecosystems of alternative financial solutions. The ROSCA ecosystem has many entities under its umbrella. The following entities are part of the ecosystem.

ROSCA Loan Circle

ROSCA credit score

ROSCA Merchant Program

ROSCA P2P Platform

Crowdfunding platform ROSCA

ROSCA Charity Platform

ROSCA Lucky draw platform

This is the main product offered by a platform designed for a specific purpose. With the help of blockchain technology and users across developing countries, they will create a reliable and transparent alternative financial ecosystem that can be used by anyone in the world.

ROSCA's mission:

To build a sustainable partnership with rich people and companies that will invest to provide financial solutions and seek access to financial opportunities for those in need.
Create a decentralized financial solutions system using blockchain technology.
Create a transparent platform for the parties involved to enable powerful users to monitor and manage their financial solutions without third party involvement.
Create a crypto community where rich and commercial companies connect directly with their stakeholders.

TECHNICAL CHARACTERISTICS

Token name: RCA (ROSCAcoin)
Standard: Ethereum ERC20 Standard Token
Token Amount: 10000000000 (10 billion), not subject to return issues
the number of tokens for sale: (3 billion) 3 billion
exchange / Payment Method: ETH and BTC
Holding -ICO: March 2018

Allocation of capital and operating costs

Other items:

45% of the funds earned from Rocco will be allocated to our team's salaries and benefits.
15% will be allocated to our office and indirect costs such as office rent, utilities, furniture and accessories.
We will allocate 15% to contractors, contractors including legal counsel, outsourced gift services, outsourced designers and other outsourcing services.
10% of the marketing costs allocated to us, these costs include business development and digital marketing.
10% is allocated to other projects, such as the implementation of infrastructure for traders Rocca, Rocca trading stalls and remote areas.

5% of the funds are reserves for other accidents.

Use of funds allocated by the team:

45% of the funds received from the RCA token will be distributed according to the salary and benefits of the team, as they believe that team members are the main assets in the ROSCAcoin organization.
15% will be allocated for office and overhead expenses, such as office rent, utilities, furniture and installation.
15% will be allocated to contractors, including legal counsel, remuneration for outsourcing services.
10% is financing marketing activities, and these expenses include business development and digital marketing.
10% for other projects, such as sales for sales agents ROSCAcoin, kiosks and building infrastructure for remote areas.
5% of the funds form reserves for unforeseen circumstances.

About Tokens

Token name: RCA (ROSCAcoin)
Standard: Ethereum ERC20 Standard Token
Total number of tokens: 10,000,000,000 (10 billion) that can not be reissued
Number of tokens sold: 3,000,000,000 (3 billion)
Method of exchange / payment: ETH and BTC
ICO: March 2018.

Roadmap

2017
September - Market research
October - business plan, marketing plan, documentation
2018
March - ICO launch
April - launch of ICO
July - Core Development & Development ROSCA Lending Circle (RLC)
August - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Testing MVP, enabling ROSCAcoin in token exchange platform
October - Development of final product ROSCA Lending Circle (RLC)
2019
January - ROSCA product development (RCS)
April - ROSCA Lending Circle (RLC) and ROSCA Merchant Program (RMP) Go Live
May - Go ROSCA credit rating (RCS)
August - Platform ROSCA P2P (RPP) Core & Mobile Development
October - testing MVP P2P (RPP) MVP platform
2020
January - Develop ROSCA P2P platform (RPP)
April - ROSCA P2P Platform (RPP) Go Live
July - ROSCA Crowdfunding Platform (RCP) Core & Mobile Development
August - MVP Test on platform Crowdfunding Platform ROSCA (RCP)
October - Development of final development of ROSCA Crowdfunding Platform (RCP)
2021
January - ROSCA Crowdfunding Platform (RCP) Go Live
April - ROSCA Lucky Draw Platform (RLD) Core & Cellular Development
June - MOS Testing ROSCA Lucky Draw Platform (RLD)
October - ROSCA Lucky Draw Platform (RLD) Development of final product
2022
January - ROSCA Lucky Draw Platform (RLD) Go Live
March - ROSCA Charity Platform (RYP) Core & Cellular Development
May - ROSCA Charitable Platform (RYP) Test MVP
August - ROSCA Charity Platform (RYP) final product development

November - ROSCA charity foundation (RYP) Go Live

TEAM

For more information you can visit the link in this bawash:

Website: https://roscacoin.io/

Technical description: https://roscacoin.io/wp-content/uploads/2018/03/Roscacoin-Whitepaper-V1.0- 4.pdf

Twitter: https://twitter.com/RoscacoinToken

Facebook: https://www.facebook.com/Roscacoin/

Telegram: https://t.me/roscacoin


My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=980422


My ETH Address: 0xc828d8F4FFc021DaCb9e9ea21269C66a03Ef15cE