Bizaka / blockchain / cryptocurrency / web-3 / startup / e-commerce / decentralised / online marketplace / decentralised projects / online vendors / affiliates / e-commerce merchants
Let’s take a look at Bitcoin first. Its market capitalization is USD 600 Billion (1000 billion USD in April 2022). Its transactions are 4.6 per second. But it’s not a bank, it’s more than that. Because it has no buildings, no employees, and no employer. But its accuracy is 100%. How is this possible? One word, DeFi, decentralized finance. Its technical basis is blockchain technology. Its founder, Satoshi Nagamoto
Finanza is a DeFi system created by Bizaka. Its transaction tool is a cryptocurrency called Zaka Coin. Even though Finanza is not 100% decentralized at present, the work is progressing rapidly. However, since June 20022 business loans to Women Self Help Groups have been provided through Zaka Coin.
Generally Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies.
Firstly, Finanza supports the talents of those who initiate and promote decentralized ‘startup’ projects.
Secondly, Finanza assists for the commercial projects, run by SHG women towards ‘women empowerment’.
Finanza lends Zaka short term lock-in loan for crypto angels to buy Zaka Coin for the minimum of one lakh.
Finanza provides Zaka Coin loans to the talents of those who have any decentralized startup project.
Finanza gives Zaka Coin term loans to ‘Self Help Group’ women for their group business developments.
Finanza lends loans for those who initiate blockchain startup projects with any of the Bizaka platforms.