Financial Education and Inclusion
The concept is surprisingly simple yet profoundly impactful. The ethecal platform, built on blockchain and run on smart contracts, is a one-stop money management solution for everyone. Offering simple budgeting tools, access to money saving offers on everyday expenses such as phone plans, utilities and subscriptions as well as affordable loans even for those on low incomes. The ethecal platform is unique in that consumers have access to reduced cost services and credit based on their ability to pay for the goods and services versus the traditional method of screening based on credit history. This is a fairer way to connect customers in need of credit with ethecal providers in cases where an individual’s credit score may not give a true representation of the lending and borrowing risk. The ethecal platform is democratising the access to credit and allowing money to flow, helping more customers get on the path of financial wellbeing.