Formal financial services like Insurance, Trading, Equity, Mutual funds, Loans are difficult to understand and work with for the majority population. Chit Funds have been playing a stellar role in the financial inclusion of India because it is easy to understand and participate with Savings as the primary goal before Borrowing
Two main problems in this space are, evading faith and trust on the organizers of this instrument and challenges in administering it.
We plan to use the power of Blockchain technology to decentralize this financial services space and bring utmost trust and transparency in the way India does Chit Funds.
Our Mission is - “To make registered Chit Funds more Accessible, Credible and Rewarding”
Launching our first DApp to Blockchain registered Chit Funds.