Quote from: Bitpreneur1976 on February 27, 2017, 10:57:22 AM

Great idea and congrats to your just started ICO.

But tbh, I read your post on the first page of this thread and watched all your youtube videos but still don`t get what a ROSCA is and what`s the use case for it.

Could you elaborate this for the dummies, like me pls.

@Bitpreneur1976: The Lending Circle allows you to "time-shift" money to an earlier period in which you need the money. Without a Lending Circle, one might have to save 6 months by himself to reach their savings goals. However, with the Lending Circle, you're saving together as a group and you can tap into the entire pot immediately in the first period. Does this make sense?

WeTrust wants to leverage social capital and trust networks to create an alternative financial platform that improves financial inclusion on a global scale. Products that can be supported include Trusted Lending Circles, credit identity, direct lending, and mutual insurance. It is built on the the Ethereum blockchain and our first product is deployed on Ethereum Mainnet. Check it out at ROSCA.WeTrust.IO.