What Is Crowdforce?
CrowdForce is a global, decentralized network that aims at empowering micro businesses in order to ensure mass adoption of digital, crypto and financial services in communities and populations that are currently underserved and don’t have access to financial services or quality products.
Additionally, CrowdForce will utilize mobile technology and a merchant agent network that will offer banks, business, and exchange companies with access to underserved emerging market and enable them to serve the markets in an effective way.
The CrowdForce platform will work through an ecosystem composed of crowd sourced micro tasks and services within the identified emerging markets. This will enable companies to monitor and analyze customer behavior, which is a crucial factor in understanding the dynamics of the market.
Crowdforce MobileForms Mirco-Business Blockchain Network Features
CrowdForce Mobile App
The mobile application will work together with the CrowdForce platform that currently works on the Ethereum network. Through the application, users such as banks, business, or financial services can create micro tasks or services that will be accessible by all the merchants on the network and the merchants will be able to earn additional income from performing the tasks.
Micro tasks include Market Research and Surveys, Retail Audits and Census, Citizen Engagement and Image and GPS Capture of Locations of Interest.
Micro services include Cash In and Cash Out, Account or Wallet Opening, Buy and Sell Cryptocurrency, and recharging digital wallet accounts.
CrowdForce Merchant Agent Network
Agents are individuals who already have outlets or businesses in their localities where they sell their goods or services. An agent funds their escrow wallet with a certain amount of capital, after which the he or she can perform task and services and after each task or transaction the agent is paid commission, which is redeemable for cash at any time.
The CrowdForce will operate through the CRF token, which provides users with access to the platform. The token is also the main payment method for the fees charged by the platform such as the transaction fees, withdrawal fees, and other fees for additional services that the platform will offer in the future.
Reliability Of Data
Through the platform, governments and CPGs can access real time data about the dynamics surrounding the economies of underserved communities, which can help them in having a better understanding about their consumers, monitor their competitors, and finally improve their supply chain.
Financial Inclusion In Communities
CrowdForce’s partnership with banks, lending services, and digital wallets will result in empowered CrowdForce agents who can work as local agent banks in the communities that are either underbanked or unbanked.
Access To Cryptocurrencies
CrowdForce agents will have the CrowdForce app and CrowdForce Mobile Pos systems, which they can use to purchase or sell cryptocurrencies at CrowdForce outlets. Cryptocurrency owners can also replenish their crypto and exchange wallets through the wallets. This will increase the accessibility to cryptocurrencies as well as result in mass adoption.