Cryptoworld: Fast Invest-platform infrastructure blockchain technology financial products

Fast Invest is expanding the platform to a new infrastructure on the blockchain technology to offer a broader range of financial products. We are creating a digital banking system, prioritising the investment sector to help people generate secure and stable passive income streams, and thereby achieve financial freedom. Fast Invest will provide investment solutions, which are different from traditional investment. Investment solutions, such as real estate, private equity, and other structured finance products. We want to create an elegant, intuitive and straightforward alternative to our day-to-day banking habits, avoiding the convoluted bureaucracy mechanism.

What is Fast Invest ?

Fast Invest is a team of innovation enthusiasts, code gurus, finance world fanatics, product experts, and tech fans. We work together to balance the user experience and ease of use, with accessibility and innovation. Our goal is to change the future of how people see and carry out investments.

Vission

Our goal is to show people that they don’t need to have a lot of cash to start investing

The decentralised system is closely related to data security and transparency of transactions. For us, as a FinTech company, it is one of the highest priorities in our daily work — to keep our client’s data safe and to create a bulletproof engine for the platform. We are currently working on integrating the Machine Learning module, which will be scanning our platform for suspicious behaviour. We are “crazy” about our products, and we want to make them reachable to the rest of the world. Fast Invest focuses on global expansion, and our eyes are set on North America and Asia.

How does the platform work?

We use cutting-edge technology, which helps us keep process costs low enough to increase profits.

“A person applies for a loan at the loan originator. After verification and risk assessment he or she receives a loan for a period of 1–12 months.”

Values

1.TRANSPARENCY

We keep our doors and minds open. We want everybody on our team to be fully aware and informed on what is happening in the company.

2.COMMUNICATION

Communication is essential to collaboration. We strive to make every voice in our company heard, creating an open atmosphere for direct contact and bringing down the boundaries of vertical power.

3.FUN

We believe that fun brings out the best in people. Happiness is essential in the workplace. Playfulness helps generate more quality ideas.

How much can you earn?

We are offering you an interest rate from 8% up to a 14% of annual percentage rate.

Most people ask us “how is that possible?” Our answer: technology allows us the cut the expenses that big banks cannot avoid. We use smart Financial IT technologies to reduce costs to a minimum.

Also, we have a fantastic, young, energetic and passionate team to support our goal — of becoming a global movement, allowing anyone to become an investor, starting as little as 1 Euro.

Just about everyone can afford to invest 1 Euro.

Digital Wallet

The digital wallet will ease money management and functionality via the blockchain. The Fast Invest wallet application facilitates the management of crypto assets allowing a simple way to make most of the financial operations on the platform. The system architecture is built as a digital bank, which means you can invest, borrow, exchange, pay and make a transfer using the same wallet via the web or mobile application. Crypto account overview (pic.#6) is designed to display all the vital information considering the investor’s portfolio and money balance. At the same time, the user can hold up to 8 different currencies on their account.

There will be two ways to use a digital wallet:

Online — web-based system.
Mobile — app running on iOS and Android devices.

Advantages:

All different currencies account in one platform;
All financial operations are available on the same profile;
User-friendly dashboard;
Full analytics for your transactions and other activity;
Complete safety for your personal and transactions data;
Closed Community principle (only for Fast Invest Token (FIT)) holders

Investment services

Two types of investments will be available. The first is investing in cryptocurrency itself, the second is crypto-proved loan investment. Investment in cryptocurrency varies because of the crypto-market activity, while crypto-proved loan investment generates passive income.

Saving accounts rates are historically low. Putting your money into a savings account means that you are losing your money. Traditional Banks offer approximately 1.25% annual percentage yield (APY).

Fast Invest provides an opportunity of earning up to 15% annual interest rate on consumer loans.

Let’s see how it works. Example: What will users earn?

Saving account

Amount: 5 000.00 US dollars or 16,66667 ETH

Term: 12 months

Interest rate: 1,25 %

You will earn 62,50 US dollars or 0,20833 ETH

Fast Invest account

Amount: 5 000.00 US dollars or 16,6667 ETH

Term: 12 months

Interest rate: 15 %

You will earn 750,00* US dollars or 2,5 ETH

Advantages:

A limited number of crypto account holders;
No client identification required;
Various crypto investment products on the same platform;
P2P investment offers a high rate of return to investors;
You can invest in a diverse P2P loan portfolio;
Receive monthly payments of principal and interest as the borrowers repay their loans;
You can get your invested money back in 1 day (Buyback);
You can invest in both crypto and fiat currencies.

Solution

Blockchain — a Solution for Lending Blockchain technology provides a solution for the lending business. Its inherent transparency as an open ledger makes all transactions irrefutable and open to incorruptible analysis. Blockchain offers privacy to lenders by not publicly naming the parties involved in the operation.

Novel credit scoring technology uses a machine learning system to process up to 10,000 data points per application. It allows the credit institution to evaluate the customer within less than thirty seconds and determine credit risk with higher precision than traditional credit-bureau based systems, especially for thin-file customers.

Token Sale

Fast Invest will issue Fast Invest tokens (FIT). FIT smart tokens will be implemented on the public Ethereum blockchain technology as ERC20 tokens. To create a smart contract, we used the openZeppelin framework.

A total of 777 000 000 tokens will be generated. From that amount, as much as 50% of tokens generated will go to crowdsale participants. Fast Invest tokens crowdsale will take place on December 4th, 2017 10:00 a.m. London time and will be distributed until January 31st, 2018 3:00 p.m.

During ICO, Fast Invest tokens will be distributed with a discount structure: 20% bonus tokens until a soft cap is reached. We distribute tokens during the crowdsale and give 20% bonus for early participants. We will not be selling our tokens at the discounted price after the soft cap has been reached and it won’t affect market price. We will not seek to sell remaining tokens for less than the market price.

Token Distribution