Bank the Unbanked

Bank the Unbanked

Points-banking is a low-cost moneyless banking system that circulates the economy unserved by the financial system

Inspired by the Moneyless system of the Inca

The Inca created a moneyless system that was able to sustain their empire

Moneyless

Points Banking allows economies to work even after a total financial collapse

Decentralized

Parties keep their own information preventing info asymmetry

Flexible

Points Banking does not use blockchain and can work offline, just as the Inca were offline

Cost Effective

Points Banking can be deployed on the cloud to reduce costs

Integrated With Taxation

Points Banking will integrate with Pointtax to allow payments in kind

How it Works

Based on the requirements in Book 2, Chapter 2 of the Wealth of Nations

Read the requirements
Based on the requirements in Book 2, Chapter 2 of the Wealth of Nations

Awards

Top 5 in the Fintech Edition as Debt Clearing System

2nd Place as Social ROSCA

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