Micromoney is a blockchain-based lending platform and decentralized credit bureau that aims to provide financial services for the unbanked population in emerging markets. It uses its own native cryptocurrency called "AMM" (abbreviated from Micromoney) to facilitate transactions within its platform.
The primary goal of Micromoney is to offer small loans to individuals who lack access to traditional banking services. Through their mobile app, users can apply for loans, which are processed and approved based on their digital footprints, including mobile phone data, social media profiles, and other non-traditional creditworthiness criteria. The utilization of blockchain technology helps to ensure transparency and secure transactions.
Micromoney aims to empower individuals and small entrepreneurs by providing them with access to affordable credit. In addition to loans, Micromoney also offers other financial services such as insurance and remittance solutions to further enhance financial inclusion.
As for the specific details of the AMM cryptocurrency, such as its underlying technology or tokenomics, further information may be required. No further details are available at the moment.
For those who want to download the Micromoney logo, we have
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