ROSCA - Finance for the ordinary

The ROSCA method is a group of individuals who agree to meet together for the purpose of saving and borrowing for a certain period of time. This is a mixed form of peer-to-peer banking (P2P) and peer-to-peer lending (P2P). According to Wikipedia 'FJA Bouman describes ROSCAs as "the bank of the poor, where money is not idle for too long but changes hands quickly, satisfying both consumption and production needs."
ROSCAcoin is a self-regulating, autonomous and decentralized blockchain platform. With blockchain technology that includes smart contract features, ROSCAcoin is able to build a financial ecosystem solution that leverages social capital and trust to collaborate with better finance options by eliminating higher borrowing costs, easier financing, better investment options and risk diversification .
The ROSCAcoin Ecosytem platform will offer several financial solutions for our users, as below:
  1. ROSCA Lending Circle (RLC)
  2. ROSCA Credit Score (RCS)
  3. ROSCA Merchant Program (RMP)
  4. ROSCA P2P Platform (RPP)
  5. ROSCA Crowdfunding Platform (RCP)
  6. ROSCA Charity Platform (RYP)
  7. ROSCA Lucky Draw Platform (RLD)
In addition, we will also invest in some potential projects that can promote ROSCAcoin, such as:
  • Merchants for goods and services.
  • Building Internet and network infrastructure in remote areas.
  • Build ROSCAcoin Kiosk in remote areas to help our users.
Each platform will be progressively developed, and the entire ecosystem is projected to be completed in 2022. In addition, we will also invest in some potential projects that can enhance our ROSCAcoin Recognition.
WHY ROSCACOIN?
ROSCAcoin (RCA) is a cryptocurrency supported by the ROSCA ecosystem platform (Auto-Regulation, Autonomous, Decentralized, Blockchain). With blockchain technology that includes smart contract features, ROSCA can build ecosystems of financial solutions that use the equity and trust to collaborate with better finance options by eliminating higher borrowing costs, easier financing, better investment options and risk diversification.
The ROSCAcoin Ecosystem Platform is built on the Ethereum platform that is compatible with the ERC20 standard. This will accept Bitcoin and Ethereum Token instead of ROSCAcoin Token.
VISION AND MISSION
To provide a solution to the above uncompromising situation, the concept of ROSCAcoin is thought out and designed to help people who are "disconnected". We believe cryptocurrency is an answer, as it is easily accessible anywhere in the world without borders at the lowest point of transactional cost.
Vision
Build ongoing partnerships with wealthy and business people who will invest in the same 
vision to provide financial solutions and strive for the accessibility of financial facilities for the needy.
Mission
  • To create a decentralized ecosystem of financial solutions using blockchain technology.
  • Create a transparent platform for the parties involved.
  • To enable users with authority to control and manage their financial solutions 
    without third-party interventions at low cost.
  • To create a crypto community where rich people and businesses connect directly with their stakeholders 
    .
ROSCA's global market size is estimated at more than 500B USD per year. (Calculations taken will be 1% -10% times GDP from the country benchmark by India) In addition, P2P market loans are growing rapidly and have a market size of 70B USD per year globally.
With the above statistical details, we see great potential for ROSCAcoin to penetrate this financial market.
How does RLC work?
ROSCAcoin Token (RCA) is the currency to be transacted for ROSCAcoin Loop Range and other products / services provided by us. In addition, altcoins such as Bitcoin, Dash, Dogecoin, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple and Wave will be supported by our platform also in the future.
To start a ROSCA loan pool, users need to create a new pool on smart contract platforms, and 
users will be considered as Leaders of the pool. He must set up pool rules such as:
  1. Number of rounds, minimum 8 rounds per round.
  2. Contribution per round with coins or dollars.
  3. Number of participants.
  4. Payment due date.
  5. Installation date for each round.
  6. Option to join the insurance program (add some flowers and will be explained below).
Intelligent Contract Summary ROSCAcoin
Each layer of the process is done with a smart contract like below:
  • User: An intelligent contract that records user information including personal transactions and recording histories.
  • Proxy-Controller: A smart contract that manages user interaction with platforms such as: authorization logic and 
    permission agreements.
  • ROSCA-Fund: A smart contract that contains all the information and business logic in the platform.
TOKEN Specs
The details of our coins are as follows:
For more information :

Author by: thomas_sugiarto

https://bitcointalk.org/index.php?action=profile;u=1350842

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