ROSCAcoin - Finance for the ordinary

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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 described ROSCA as' the bank of the poor, where money is not idle for long but quickly changes hands, satisfying both consumption and production.' They are also known as (Latin America), cundinas (Mexico)) ayuuto (Somalia) hagbad (Somaliland), milk (West Africa and Caribbean), hui (会) (Asia), palawugang (Philippines), Gam'eya (Middle East ), kye (South) (South Korea), tanomosiko (頼 母子 講) (Japan), pandeiros (Brazil), junta or quiniela (Peru) CAR Ţigănesc / Roata (România) and Arisan (Indonesia).
There are more than one billion people or 17% adults in developing countries around the world who use ROSCA to store / borrow and support each other in their trust communities. In addition, more than 2 billion people, or 39% of the world's population, have no bank account in the world and they may need assistance with financial activities such as loans. The banking system is contradictory because their goal is to serve the rich and not the poor. For people who do not have bank accounts, who do not have a good salary and bad credit score, it will be very difficult for them to get financial support such as bank loans from traditional financial institutions. In fact, they are a group of people most in need of help. Other than that,
ROSCA's global market size is estimated at more than 500 billion USD per year. (The calculation will be from 1% to 10% of the country's benchmark index GDP by India). In addition, the P2P lending market is growing rapidly and has a market size of US $ 70 billion per year worldwide.
WHY ROSCACOIN?
ROSCAcoin (RCA) is a cryptocurrency supported by the ROSCA ecosystem platform (Auto-Regulation, Autonomous, Decentralized, Blockchain). With blockchain technology that includes smart contract features, ROSCA can build ecosystems of financial solutions that use the equity and trust to collaborate with better finance options by eliminating higher borrowing costs, easier financing, better investment options and risk diversification.
TOKEN Specs
The total number of issued ERC-20 (Ethereum) will be limited to 10 billion (10,000,000,000) and can not be updated:
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ROAD MAP (ROAD MAP)
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TIM (TEAM)
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ACHIEVED
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Author by: familyforever

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