Peer-to-peer Lending Platform

A collateral-less marketplace where lenders meet their potential borrowers for loan agreements via BFEX’s platform powered by Blockchain.

Decentralized Scoring

BFEX’s disruptive solution of Decentralized Scoring as an alternative pathway to consumer’s financial opportunities in the emerging markets.

Payment solution for the better chance of crypto utility tokens

BPAY allows BFEX token holders to receive the privileges of utilising BFEX tokens as one of their most convenient methods of payment with our merchant partners.

Inspired by

“Poverty does not belong in civilized human society.”

Nobel Laureate Professor Muhammad Yunus

Our Mission

Our mission is to provide equal financial access for all by developing a more widely accessible financial platform, and in turn, disrupting the traditional financial institutions. BFEX aims to utilize blockchain technology, big data, and Decentralized Scoring (DS) to decentralize peer-to-peer lending experience.

Our Vision

Our vision is to develop a sustainable financial system where people can freely access the financial pool needed to improve the quality of their lives and contribute positively to society.

BFEX Video Main
BFEX Video 1 BFEX Video 2 BFEX Video 3

Join us

Telegram
News
Twitter
Facebook
Reddit
Bitcointalk Bounty
Bitcointalk ANN thread
Github
Blog

Key Features

Thank you, investors and future users, for your valuable support to BFEX. We appreciate your trust and opportunity for us to develop a platform that will tremendously impact those whose lives are in need of new beginning.

Image1
Decentralized Scoring

Decentralized Scoring to revolutionize the traditional financial accessibility limited by Credit Bureau and informational scarcity.

BFEX’s hybrid Decentralized Scoring system is powered by Blockchain, AI, Machine Learning and Behavioural Sciences. The alternative scoring system that allows the science of psychology to invigorate the ability of peer-to-peer lending to another level of disruptive technology. Both the online behaviour and offline documents are required in order to validate consumer’s identity and scoring.

Social Capital is the new collateral

Social Capital is the new collateral

It is a fact that peer pressure and connections around an individual affect their behaviour. The repayment rate for nano-finance increases by having peer pressure as one of the factors. Truly decentralized is when the power is in the hands of users, not the platform.
Image2

Image3
KYC

One step at a time, KYC to start lending/borrowing

BFEX’s KYC only requires the essential personal identity documentation and on-time utility payment to verify user’s identity and repayment prediction analysis.

Hyperledger Fabric to protect customer’s privacy

Hyperledger Fabric to protect customer’s privacy

Hyperledger Fabric offers the semi-transparent exposure of information to the public which BFEX implements into our system, in order to protect our user’s anonymity.
Image4

Image5
Being motivated

Being motivated is all you need to enhance scoring with BFEX

The first and the only platform in the world which enables users to use social network and boost their credit scores.

Cashback with Every Payment

Cashback with Every Payment

BFEX connects with merchant partners to allow more liquidity of BFEX tokens and to encourage the wide acceptance of BFEX tokens into utility spectrum.
Image6

BFEX Application

Peer-to-Peer Lending Platform: A lending platform which connects the lenders and the borrowers, allowing them to interact and agree on the terms and conditions of the loan, such as the interest rate and payment due date, all by themselves.

Coming on AppStore
Coming on GooglePlay

How it works?

While banking institutions are restricted under traditional loaning systems, BFEX is determined to develop nano-finance services to meet the consumers’ demands worldwide.

Everyone can join

With BFEX’s Decentralized Scoring, people will gain access to essential fundings more effectively.

Blockchain and Smart Contract

With Blockchain and Smart Contract, BFEX system is transparent and highly secured in the field of cross-border currency transactions.

Set your own interest rate

The lenders and the borrowers will set their own interest rates. The information of the loan will be automatically recorded on Hyperledger Fabric.

Cash Back 1-5%

The BPAY Wallet allows users to purchase goods and services from BFEX business partners with BFEX tokens. Payments will be counted towards users’ credit scores. Cash back will be transferred to the users’ wallet at the end of each month.

Meet the team

Team

Team1

Daniel Jaeger

Co-founder

He has over 10 years’ experience in implementation of complex financial systems around the globe in all industries such as banks, pharma and services.

Team2

Kasiphat Piromchayavanich

Co-founder

Kasiphat is an entrepreneur and an investor focusing on innovative solutions and technology. With the vision to help people all over the world…

Team6

Patiphan Singhanont

ITCS

Being passionate about information technology and cyber security, Patiphan graduated with an information system degree and started his roles in…

Advisors

Advisor1

Wilson Thong

Advisor

Graduating from the University of London with a bachelor’s in economics and finance, Wilson specializes in financial analysis and economics…

Advisor8

Irin Chunsuntorn

International Business Development

Irin is a new youth talent who has experiences in marketing with an international government sector and one of Thailand’s biggest PLC. Her intercultural communication…

Advisor10

Michael H. J. Gomes

Business Advisor

Michael H. J. Gomes, an established international business expert, with experience in Management, HR, Training, Construction and Development…

Roadmap

BFEX aims to achieve the three following goals: Credit scoring system for nano-finance industry, lending platform for nano-finance, BPAY E-Wallet payment system.

  1. 2018, Q2

    April 16 - May 30

    Pre-Sale

  2. 2018, Q3

    June 1 - July 31

    Public-Sale

  3. 2018, Q3

    August

    Listing on exchanges

    - Decentralized exchanges

    - Centralized exchanges

  4. 2018, Q4 - 2019, Q1

    October 2018 - March 2019

    P2P Platform Development


    BPAY Development

    - E-Wallet

    - Partnership

  5. 2019, Q2

    April 1 - May 15

    Alpha Test

    P2P Lending Platform

    - BPAY

  6. 2019, Q2

    May 16 - June 30

    Beta Test

    - P2P Lending Platform

    - BPAY

  7. 2019, Q3

    July

    BFEX Official Launch

    - P2P Lending Platform (Token Model1)

    - BPAY

NEWS

News and Updates

Alternative Scoring, a new form of trust…

June 3, 2018

Medium

Infographic: What exactly is BFEX?

May 31, 2018

Medium

Peer-to-peer lending, joining…

May 11, 2018

Medium

Shankar Biswas, will be attending…

May 11, 2018

Medium

Giving out 1,000 official shirts.

May 8, 2018

Medium

Future Blockchain Summit in Dubai…

May 3, 2018

Medium

BFEX: EMPOWERING THE WORLD WITH…

May 1, 2018

Bitcoinist

BFEX: empowering the world with a better…

May 1, 2018

Medium

7 facts you need to know about BFEX

April 30, 2018

Medium

A basic economic right and not a privilege.

April 25, 2018

Medium

First day’s score 4.5|5.0 on ICOBench

April 24, 2018

Medium

BFEX spotted on IcoRating and The Tokener!

April 23, 2018

Medium

BOUNTY! HELP US GROW WHILE YOU EARN!

April 21, 2018

Medium

MR. DANIEL JAEGER INTRODUCING BFEX

Apr 20, 2018

Medium

SNEAK PEEK!

Apr 19, 2018

Medium

STARTING OUR BOUNTY PROGRAM SOON!

April 18, 2018

Medium

BEHIND THE SCENE WITH BFEX

Apr 18, 2018

Medium

BFEX GRAND OPENING: COUNT DOWN!

April 17, 2018

Medium

Featured In

Development Partners

MEET THE PARTNERS

Merchant Partners

Get in touch

Telegram
News
Twitter
Facebook
Reddit
Bitcointalk Bounty
Bitcointalk ANN thread
Github
Blog