Sentinel Chain ICO Overview:
The Sentinel Chain ICO and SENC Token are sourcing funding to bring formal financial services to the unbanked. Without access to formal financial services, the unbanked are subjected to high interest rates for loans as providers require greater incentives to offer higher-risk credit.
Sentinel Chain is built on the premise that if farmers could turn their “dead capital” i.e. livestock into a fungible asset, a greater incentive would exist for more secure lending services to provide access to credit and a range of other financial services. Simply put, Sentinel Chain collateralizes cattle for crypto.
#SentinelChain is "... a solution for farmers in rural areas... to tokenize their livestock which gives them the ability to put that on the blockchain so they can receive micro-financing and insurance" @RolandHaggins, Sentinel Chain Ambassador, Caribbean #africablockchainUG $SENC https://t.co/SCr11nRWGZ
“ #Blockchain technology focuses on the grassroots—it’s a bottom-up technology as opposed to top-down.. it has great potential to improve #financialinclusion for many people on the ground,” said Mr Roy Lai, CEO of #SentinelChain via @asianscientist https://t.co/u7np796ljJ https://t.co/iKqTtKDqeB
We’re looking forward to our CEO @roylai1's Keynote Speech at @FinTechNetwork's 2nd Blockchain for Finance Conference, APAC in Singapore on June 20-21!
Save the date - #BFCAPAC is one of the most important #blockchain and #finance events of the year!
Did you know that 70% of the global food supply comes from small-scale agriculture? $SENC helps the small, family-owned farms generate economic capital, especially supporting them through potential seasonal hardships! #Blockchain #Bitcoin #Ethereum #Fintech #Financialinclusion
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