WE BUILD THE DAPACT

blockchain framework for microfinance

We build an Ethereum-based lending protocol

atop a network of licensed pawning family businesses

In emerging countries, countless family businesses own some kind of financial service license – pawning, remittance or currency exchange. These businesses often fall in the infamous SME financing gap and can’t scale their services. 
As underwriters in the DApact network, they can  exchange under-utilised capacity of this existing legal assets for additional business capacity.
With loan directly funded to a beneficiary’s wallet, underwriters can focus on lending operations, netting a 5% commission on each installment processed to cover operating expenses and possible loan default.
  REWIRING 
MICROLOAN 
FINANCIAL
CIRCUITS

IT’S A LUDICROUS BUSINESS

Overly intermediated industry

7 financial intermediaries in average for a microloan to reach its beneficiary, and everyone takes his cut

Huge operating costs

The result of a non-tech savvy industry culture, out-of-age processes, and shadowy business practices

Steep interest rate

The average interest rate on legitimate microloans is over 18% flat rate globally

WE MAKE IT A NETWORK

Small lender uberisation

We leverage the unmatched cost efficiency of family businesses to develop the most effective microcredit system in the world

Direct bridges to the needies

We build a new express way for development agencies, impact investors and crowdlending platforms to reach out to their beneficiaries without the legacy intermediaries

Blockchain + free market principles

An incentive / liability scheme transforms small lenders into network oracles liable for the portfolio they manage

NOW THINK ABOUT IT

750,000,000 microloan users worldwide

It’s us. It’s emerging economies

Access to 350% cheaper loan

A penny saved is a penny earned, and we’re talking hundreds of dollars in saving

Scaling at the speed of light

The DApact is a mere lending protocol: network Trustees handle the legal hassle 

THIS IS BLOCKCHAIN FOR SOCIAL GOOD

Dramatically reducing microloans interest rate in developing countries

from local lender

 

 

 

from microcredit institution

 

 

 

in the DApact network

We’re here to help social impact organisations better fulfil their missions

PILOT IN CAMBODIA

We build a blockchain protocol for international development aid operations in low-income countries, aiming to improve funds traceability and disbursement efficiency through decentralised origination softwares, and a network of centralised, locally compliant oracles securing blockchain to real-world interactions.

Practically, our protocol lets crowdlending platforms, foundations and development banks reach out to their beneficiaries without their legacy data brokers and financial intermediaries. The DApact maintains (1) a set of softwares and UIs for decentralised matching of funders and beneficiaries, and (2) a network of merchants (underwriters) in target countries to complete KYC validation and ETH-to-cash exchange.

Microloans and aid are tokenised as ERC271 (aka non-fungible) standard bearer tokens, and their fiat value formalised in Ether on the blockchain – therefore passable on to unbanked populations at fractional cost and without resorting to a middleman.

Beneficiaries can cash out their Ether against network underwriters for a commission rewarding their participation, with underwriters’ integrity perpetuated notably through a zero-sum balance game.

Being a pure decentralised protocol, The DApact is able to hand over compliance affairs to the underlying network underwriters – they can be registered as a small microfinance, pawnshop, payment agent or currency exchange business following their local regulation. This makes The DApact a compliance-agnostic, seamlessly scalable financial service.

MEET OUR KYC CHATBOT

HOW IT WORKS

TEAM

pm
Pierre-Marie Riviere
Network Lead
Mat
Mathieu Valez
Tech Lead
Untitled 7
Antoine Blanc
TGE Lead
Valérie
Valerie Sfeir
Partnerships Lead
hiring
Your Name Here
Our team is growing

PRESS

   blockchaintothelastmile

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