Highlights of Pngme

There has been a wave of changes seen with the rise of blockchain technology launching different projects and applications bringing positive change in our daily life. The expansion of technology demands all-inclusive participation in every sector of the economy. To have sustainable growth and to change the quality of life creation and participation of new enterprises and all individuals is necessary. Although there have been some major changes in the financial sector with the advancement of computer technology, it is still lagging behind with the pace. The dawn of blockchain technology has revolutionized the payment industry with its unique feature of decentralization as well as its temper proof nature making it more secured in the use of financial institutions. The Pngme is a mobile app with a vision to have global reach and make the financial market inclusive of all enterprises and individuals who are in need of easy capital. With today’s financial structure, most of the people and businesses fall out of the market inclusion due to lack of proper credit scoring or different regulations and rules. The Pngme wants to take the opportunity for this specific part of the financial market along with the existing ones and bring change into the quality of life with smooth access to capital.

Highlights of the Pngme app:
The Pngme app is gong makes three core foundations while operating globally, making capital availability for everyone in need. These are the use of blockchain technology which makes payment and transaction secured and fast, these of digital credit scoring which will be used by the lenders for the purpose of bringing excluded part of the market into the financial market and decentralized rate-setting algorithm which will provide competitive interest rate to the consumers and enterprises.

The Pngme is an open and transparent market that will provide a platform for lending, providing access to the digital-based asset market targeting the micro-financial institutions, hedge funds of digital assets, micro, small and medium enterprises, and mobile money network.
The lenders can provide loan which will be within the digital bonds, and it will be collateralized with traditional liquid assets and smartphone locking technology, and it will minimize the risk of borrowers to default.

The Pngme app will impose a digital scoring model to the consumers of micro-financial institutions and mobile money networks by their global mobile app, which will provide the lender the ability to understand the structure of digital bonds that are availed in the marketplace along with their associated risks.

The disruption of mobile lending apps will make the lenders to improve their pricing models so that they will charge a cheap and effective APR to have a competitive price in the market.
The Pngme will set the lending rate in the market place which will use the concept of reveres Dutch auction where, based on the competitive rates and transparency of the digital credit scoring, borrowers will purchase loans from the lenders at that competitive rate.

The Pngcoin will set up the digital credit scoring, which will enable the borrowers lacking in formal credit scores to participate in the market with access to cheap loans through the network of micro-financial institutions and mobile money networks.
The Pngme also minimizes the administrative cost of giving out loans to the customers with the proper use of white and grey non-custodial mobile banking app. The quantitative hedge funds and the investors who are accredited will have the ability to establish their stage of risk exposure and purchase bonds, including the digital bonds with impact-orientation in nature, which has desirable returns in alternative assets along with the generation of yield and alpha.

The Pngme app has the vision to maximize the financial sector to its full potential while making all inclusive participation in the financial market. To make it possible, the app is designed to have features of digital credit scoring, savings, and competitive rate setting. The users of the app will have easy access to the financial market regardless of the place and entity. This app will have a tremendous impact on the economy, making capital flow borderless and easy, which is most important, making an economy grow and change the quality of life alongside.