What is Swapy Network?
Swapy is building a decentralized protocol with a suite of three integrated applications aiming to provide Universal Access to Credit: (1) The Swapy Exchange, which aims to connect smart money to emerging economies. It will introduce international investors from countries where the interest rates are comparatively low to credit companies in countries where the interest rates are comparatively high, providing better returns to the investors and lower cost capital for the credit companies; (2) Swapy Financial ID, which aims to empower people, giving them a financial identity that has the purpose to be valid anywhere in the world; (3) Swapy Data Market, which aims to transform users’ financial data into self-determined value through a token-based system.
Swapy Network is a decentralized platform that aims to provide Universal Access to Credit. This is our dream for a future enabled by Swapy Network: A world of efficient credit markets, with no barriers to entry for new players, where consumers have the power and reap the benefits of Universal Access to Credit.
Swapy Exchange connects international investors from countries where the interest rates are lower to credit companies in countries where the interest rates are much higher, providing better returns to the first and lower cost capital for the latter.
Swapy Financial ID
Swapy Financial ID empower individuals, giving them the right to a worldwide financial identity that is valid anywhere in the world at anytime.
Swapy DataMarket transforms user's financial data into value for the data owners. Now, individuals will hold their own data and choose how much tokens they receive in exchange for it, when they want to share, and for whom.
Swapy Network Benefits
Reduced cost of capital on emerging nations
Better returns for lenders
Financial identity valid worldwide
Individuals have the rights and reap the value of their own data
Easily accessible and lower cost financial data source
Lower entry barriersfor companies