BanQu is a groundbreaking for-profit / for-purpose blockchain-as-a-service software company solving the toughest global problem – Extreme Poverty.
As the world’s first and only non-cryptocurrency blockchain platform—we help lift people out of extreme poverty by connecting them to the global supply chains they participate in and the brands, organizations, and governments that power them.
Through the implementation of BanQu’s cutting-edge blockchain platform, we provide benefits to the businesses, organizations, and governments that interact with the world’s poorest on a daily basis. Each of these interactions are captured through a secure, immutable, and distributed ledger of financial and personal records using blockchain technology—in turn building the Economic Identities necessary to connect the “unbanked / underbanked” to the global economy, thus helping to lift them out of poverty.
BanQu allows the unbanked to set up a personal digital identification profile while connecting them to the global supply chains they participate in (i.e. brands/ companies they work for, banked network including family, friends, small businesses, and associated NGOs). As they start accumulating a transaction history on the BanQu blockchain, the unbanked also develop a trackable, vetted financial and personal history. Our blockchain platform allows people to record a variety of transactions including business exchanges, remote purchases, funded wallets, term purchases, cash disbursements, property records, health records, education records, and credit histories among others. This Economic Identity provides a baseline for the unbanked to participate in the global economy. In return—BanQu’s platform provides benefits to the businesses, organizations, and governments that interact with these unbanked individuals on a daily basis.