The mode of operation is explained too simply, without understanding, please elaborate
yeah, also think so.
is it just another e-Wallet like OKPay, PerfectMoney etc?
A digital wallet allows an individual to make electronic transactions only. That is just a very small part of what we offer.
We are also a financial services company. We expect our free payment network to attract many many users. We acquire big data, which gives us, higher---risk adjusted----returns on those financial services (for example p2p lending, credit cards, car loans, student loans, mortgages, micro loans, insurance and asset-backed securities).
In addition, we are Blockchain enthusiasts! We want to bring cryptocurrencies to the world's billions.
ok, I think the concept is interesting, but the mission is so boring.
people who need transfer money frequently are always few, most people will not transfer even once a year.
as said lenging, loan, insurance, this may be novel, but if these are free, how do you run the business?
maybe my mind is too stupid, and I look forward to your more detailed plan.