STARTING A NEW PLATFORM ON BLOCKCHAIN ETHEREUM
We are excited to announce the launch of the Siglo Protocol built on the Ethereal blockade that will be used to facilitate free access to cellular connectivity for prepaid customers in emerging markets.
Along with technology globalization reaching four corners of the world, smartphone usage ratio has increased dramatically. However, due to the high data and connectivity costs associated with this growth, most smartphone users in the world have much lower Internet access.
In Mexico and Brazil, for example, consumers in Latin America can only access this money with the money they receive in exchange for 8-40 hours of work for 500 MB of data on their phones. Global estimates that 73% of mobile phones are prepaid. I will talk about the Signo approach which makes it extremely costly and difficult to achieve right now, and on the way to work, income, unrelated households.
What is Siglo ?
Siglo is the future of mobile transactions and connections in the high-growth growth market paid by brand sponsors to improve access to the network. Siglo is a financial and digital block-chain protocol. Siglo smartphone users who use this app are based on protocols, roads to work, any time or schedule that allows them to enter the house to interact as never before given connecting to the internet, they can win.The first Siglo app has 1.2 million users in Pig.gi, Mexico and Colombia. While emerging markets continue to grow and see economic growth, multinational and local brands are showing great interest in reaching out to these communities. As the economy continues to grow and enter the internet, Pig.gi offers solutions for new consumers, In addition, Siglo offers a comprehensive solution for pay-as-you-go users in advance by removing barriers that hinder the participation of the digital economy, such as high costs.
Siglo Protocol
In emerging markets, increased access to cellular connectivity is undeniably creating new economic opportunities. We look forward to empower smartphone users in this market by removing barriers that previously prevented them from participating in the digital economy.Siglo will also offer brand scalable solutions to connect with customers in some of the fastest growing markets in the world. Transactional deductions of ecosystem benefits from unchanged and auditable textbooks on Ethereum block, including brand transactions, user transactions and user-to-user transactions. By tokenizing access to mobile airtime, Siglo will be able to facilitate increased access of unadvantaged users to the network through the creation of decentralized mobile network creation.
Advantages of Siglo
The platform offers brands an adaptable answer for interfacing with clients in some of the quickest developing markets on the plan. Key transactional pieces of the platform benefits from the unchanging, auditable records on the Ethereum Blockchain, including brand exchanges, client exchanges and client to-client exchanges. By tokenizing access to mobile top up. Siglo network is giving unbanked clients an increase access to network through incentivizing the formation of decentralized mobile networks. The first Siglo app is Pig.gi, which has already been installed by 1.2 Million users in Mexico and Colombia. Pig.gi provides brands with a solution for connecting with new consumers, while helping people in these markets gain access to the internet. To keep giving free best ups at scale, the Siglo convention and token will be propelled, making the token that connects the providers and brands that directly compensate customers with connectivity in return for engagement. https://siglo.com/ SigloOnePager.pdfToken Sale and Siglo ICO
Siglo token is the first token which allows the providers to reward consumers directly through mobile connectivity in exchange for the service. the Siglo Token, is an Ethereum based. It is an ERC-20 compatible token. The token unit of value is exchangeable between Siglo Apps and in the Siglo ecosystem. Siglo, a Gibraltar organization, will offer and oversee its token and work to advance and grow the platform. The importance of the Siglo Token is that it will be exchangeable for airtime top up coins (Pig.gi, in current markets) which can be utilized to buy items accessible through the Pig.gi app, tokens can be traded by brands for consideration and engagement through the current Pig.gi application. At the point when clients make exchanges with their points (i.e. Pig.gi Coins) these are traded real time for Siglo tokens and exchanges are enrolled on a chain.
Every of the users information on this Siglo platform will be stored on the Blockchain through the Smart contract, which enables the users to build up a unique identity, define personal information for online transactions including basic know your customer (KYC) and anti- money laundering information. Token can be exchanged by brands via the Smart contract which will be established between each brand and Pig.gi where fiat or Siglo is exchanged for Pig.gi coins and issued to users as they interact and share back with the brand. Stay tuned to know when the initial coin offering of the platform will start.
Solve the problem
In the Mexican market, 61% of adults do not have bank accounts and by 2016. In Latin America, 85% of smartphone connections are paid in advance. For this user, 500MB earnings require between 8 to 40 hours of work, based on average wages and top-up costs in Mexico and Brazil. Getting top-ups for mobile connectivity requires travel to supermarkets, gas stations or small roadside shops. By using the Pig.gi app, these users can get airtime toptime during their trip, at home, or whenever their schedule allows them to interact with apps — giving them the ability to connect more than ever before.Team
They have visited more than 50 countries, mostly emerging markets with prepaid connectivity. They have spent the last 3 years living and running a company with operations based in Mexico City. It is important to go beyond theory and be on the ground in emerging markets to understand how users live, think, connect, and consume the internet. At the same time, working with service providers, brands, and even mom & pop stores in emerging markets is very different from highly developed ones.
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patungan
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