We aim to change economic trends affecting many low and moderate wage earners in society. More importantly, we are here to help educate and guide hard working citizens to a better quality of life.
Visit our website for more information: https://t.co/CT08G5nW83
Did you know 1 out of 3 Americans are one paycheck from being homeless? According to Bankrate, 62% of Americans have no savings for a $1,000 emergency room visit or a $500 car repair.
Our solution is simple - introduce to the financial industry a #blockchain based business model that will help level the financial playing field.
#COLAcoin#LinkInBio
Want to support #COLAcoin? Spread the word to your family and friends.
Subscribe to our #YouTube channel: https://t.co/4bcFVc0bll
Join the #NoScores movement! https://t.co/9WWbndm2oe
Student loan debt - now $1.6 trillion - is preventing the U.S. from having a normal housing market. Missed or late payments can result in a poor FICO score, making it difficult to secure a mortgage loan - especially for first-time buyers.
Read more: https://t.co/hDVXmOp6Fj
The FICO credit scoring system leaves over 26M Americans “credit invisible” - along with an additional 19M with no credit score.
Northeast Capital Fund I, LLC, will not use credit scores or pay history to underwrite loans. Visit our website for more info: https://t.co/9WWbndm2oe
#JPMorgan and #Microsoft signed a memorandum of understanding to accelerate the adoption of blockchain among large enterprises.
“Orgs use Quorum to solve complex problems via blockchain.” - Umar Farooq, JPMorgan's global head of Blockchain
Read more: https://t.co/96bVGNKCEC
Our basic philosophy: all humans should have fair access to capital and financial resources. By using cryptocurrency token crowd-sales to fund lending operations, COLAcoin will help provide new opportunities to asset acquisition.
For more info: https://t.co/BUnkIuJuMD
Technology can have the collateral affect of marginalizing people because it moves so fast. With that understanding, it's imperative that we invest in cultivating the people along the way via education that you can touch and grasp a hold of.
The ratio is expressed as a percentage, and lenders use it to determine if you can afford to repay a loan. But definitions aside, in the majority of cases it comes down to discipline and objective thinking when looking at your money as you plan for the future.
Advances in technology (i.e. blockchain) and alternative ways of evaluating credit are but 2 of several solution avenues to leveling the access-to-capital playing field.
According to a 2017 survey by the FDIC, about 25% of US households are either unbanked or underbanked, and thus face challenges getting a foothold in building wealth.
"We're providing opportunity that goes beyond all colors and economics. Everyone deserves a change and really needs a change." — Bernard Peacock, COLAcoin Co-Founder
Subscribe to our YouTube channel: https://t.co/4bcFVc0bll
The second annual New York Blockchain Week (May 10-17, 2019) will include conferences, events, meetups and gatherings. Global stakeholders in cryptocurrency and blockchain will meet, collaborate, and contribute to industry growth.
See the event schedule: https://t.co/hbR5ANrlg2
We believe that access to credit is a very powerful element needed to create better financial opportunities to help overcome adversity. Find out how we're removing credit scores from the equation.
Join the #NoScores movement! https://t.co/SDOpBVZOWu
Enterprise blockchain is helping corporations enhance business processes, increase transparency and potentially save billions of dollars. Total corporate and government spending on blockchain should hit $2.9 billion in 2019.
Read more: https://t.co/JbN59FAE8u
Our vision is to be a catalyst in the financial markets that sparks the needed transformation toward embracing low and moderate-income wage earners - a demographic traditionally shut out.
Read more on our blog: https://t.co/qxv62GmUIv
The fund, called Proof of Capital, will invest in early-stage startups that focus on several areas in the blockchain ecosystem, including remittances, custody and wallets, as well as security and identity, according to a recent report.
Read more: https://t.co/5bGbeWRuOS