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trakinvest
bookmark8.5 /10
team - strong team
mvp - yes
idea - interesting
competitors - no
market - #financialsystem
Starts
Mar 5th 2018
in 8 days
Ends
Mar 25th 2018
in a month

Kora Network is an infrastructure for inclusive community owned financial systems. We provide the tools needed to build a self-sustaining, community-owned ecosystem for circulating and accumulating capital within a community. This includes the ability to validate identity, and to use that identity to store, transfer, or lend money, to make payments, and to provide or access value-added services like lending, marketplaces, benefit distribution and digital education, even without internet access or a smartphone through channels like SMS or USSD.

Our blockchain stores identity and transactions, runs software modules, and connects to other blockchains while preserving user privacy. We use Tendermint DPoS as a consensus algorithm, allowing for scalability while maintaining decentralization. The blockchain is secured by the Kora Network Token (KNT).

eFiat are digital versions of national currencies that users understand and trust. They are 100% backed by cash reserves, and redeemable on a 1:1 basis.
CVNs empower users to pool capital for lending or investment, social assistance, financial education and other services.

Team

Dickson Nsofor
CEO and Co-Founder
Maomao Hu
COO and Co-Founder
Eugene Fine
CTO
Zahen Kahn
Head of Marketing
Bryan Uyanwune
Business Development Lead
Lauren Harrington
Blockchain Researcher

Advisors

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Faisal Kahn
Advisor to Everex and Leading Banking & Payments Consultant
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John Edge
Chairman of ID2020
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Nako Mbelle
CEO of Fintech Recruiters
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AA Atayero
Vice Chancellor at Covenant University

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