MicroMoney: "LOW" fraud risk | Digital Rating Agency

MicroMoney: "LOW" fraud risk

16.10.2017

MicroMoney: "LOW" fraud risk

Widely discussed in the field related resources Micromoney project offers to finance the expansion of its microfinance business in different countries and continents. The Team has strong participants and Advisory board, the ability and intentions of the participants to develop the promised system are unquestionable. Fraud Rate of the project can be definitely assessed as Low. On the other hand, the microfinance business is a classical credit business and it exists perfectly without blockchain and tokens, so the feasibility and financial result of tokenization for investors raise questions.

More details in the report. Coming soon.
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The Quality Rate has been downgraded due to the lack of information from the project team about the implementation of the roadmap; the last activity on GitHub was more than 6 months ago, links to the project's software products are not active.