Block Mega Chain will be officially released in early November 2019

BMC (Block Mega Coin) is the basic unit of value circulation in the Block Mega Chain ecosystem and an important practical tool for realizing inclusive financial.

October 20, 2019 /MarketersMedia/ —

The concept of “inclusive finance” was proposed by the United Nations in 2005 to provide appropriate and effective financial services to all groups of society at an affordable cost. Small and micro enterprises (SMEs), farmers, and low-income people and other vulnerable groups such as the crowd are the main targets.

At present, although the international community has achieved certain achievements in the development of inclusive finance, it still has shortcomings. According to the World Bank estimates, there are still about 2 billion adults who cannot enjoy the most basic financial services in 2014.

The micro-economy simply cannot get the services provided by the existing banking system, and the financial services industry needs to be subverted. After decades of development, one-third of the world’s population still have not accessed to mainstream banking services. For the other two-thirds of the people, the service is not perfect also. As the existing banking system has many problems, including systemic risk, data privacy, financial exclusion, lack of competition and so on.

Blockchain technology is characterized by decentralization, trust, anonymity, transparency, and non-tamperability. It solves the shortcomings of traditional inclusive finance and triggers a new revolution in blockchain inclusive finance. BMC is building a blockchain-driven backbone, a decentralized digital asset bank that serves the small or micro economy, and establish a complete distributed data storage system.

BMC Fintech Limited is headquartered in Sofia, the capital of Bulgaria, Europe. It has a global management asset of more than 200 million US dollars (around 20000 Bitcoin and mainly digital assets). The team consists of senior financial practitioners and technology talents from Europe, Southeast Asia and the United States. A number of blockchain financial business qualification licenses have been obtained.

BMC digital asset bank supports Bitcoin, Ethereum, EOS and other public chains. It applies digital asset management, digital assets trading, digital currency payment and other applications in order to better preserve and increase the value of digital assets. To some extends, Block Mega Coin (BMC) is equal to holding pension insurance, it will continue to generate stable income.

BMC (Block Mega Coin) is the basic unit of value circulation in the Block Mega Chain ecosystem and an important practical tool for realizing inclusive financial.

Block Mega Coin Issuing Plan
 Token Name: Block Mega Coin (BMC)
 Total Supply:10 billion (Fixed amount, no more issuing)
 Panic-buying & Mining output: 800 million (Released through Panic-buying or mining gradually enter the market)
 Ecology Construction:100 million (Including listing on exchanges, listing on market tools, media reports, meetings, etc.)
 Rewards: 100 million (Encourage outstanding users who contribute to the ecology and attract new users)

Block Mega Chain is also technically disruptive.

1. Transparency: Any related data will be stored on the public chain and allowing everyone can access to it thus ensuring the transparency of BMC.

2. Security: Block Mega Chain protects data integrity by building a distributed database system and participant consensus protocols.

3. Traceability: All data is recorded and publicized once it is generated, so it can be traced accurately at all times.

4. High reliability: Inclusive finance can achieve the effect of complete decentralization through blockchain technology, which enables the entire business service to effectively reduce costs and reconstruct the credit mechanism.

5. Auto-contract execution: The introduction of inclusive finance chain programmability allows parties to embed corresponding programming scripts in the process of value transfer, thus generate "smart contract".

In the near future, inclusive finance will be widely used in people's lives, it will benefit the life quality of grassroots people. This is also the original intention of inclusive finance! To provide all users with cost-effective, dignified and efficient digital financial services.

Official website

Contact Info:
Name: Block Mega Chain Team
Email: Send Email
Organization: Block Mega Chain

Source URL:

Source: MarketersMedia

Release ID: 88929254

More News From

Europe's specialty food makers brace for US tariffs

Nov 13, 2019

MILAN — European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5 billion on a range of European goods were approved by the World Trade Organization as compensation for illegal EU subsidies to plane maker Airbus. The U.S. has some leeway in deciding what goods it puts tariffs on. So while it is taxing European aircraft goods an extra 10%, it...

The Latest: Pence heads to Mideast as Turkey attacks Kurds

Nov 13, 2019

WASHINGTON — The Latest on the United States and the military withdrawal from northern Syria (all times local): 6:20 p.m. Vice President Mike Pence says he's being dispatched to the Middle East by President Donald Trump as U.S. troops pull out of northeast Syria and Turkish forces invade. Pence says Trump spoke with Turkish leader Recep Tayyip Erdogan earlier Monday and called for an immediate end to Turkey's moves against the Kurds in Syria. Pence says the president is "very concerned about instability in the region" and is denying that Trump gave Turkey the green light to launch the invasion...

Asian stocks gain after US, China announce truce on tariffs

Nov 13, 2019

BEIJING — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on Chinese goods in a fight over Beijing's trade surplus and technology plans. In exchange, he said China would buy American farm goods. But the two sides reported no progress on basic disputes that sparked the 15-month-old fight that threatens global economic growth. Friday's truce "has simply temporarily halted the escalation...

Impeachment dominates, but much other work awaits Congress

Nov 13, 2019

WASHINGTON — Impeachment may have leapfrogged to the top of the national agenda, but members of Congress still have their day jobs as legislators, and they're returning to work this week with mixed hopes of success. It's a difficult-to-predict time when it comes to possible deals between President Donald Trump and House Speaker Nancy Pelosi, who's kicked off the impeachment inquiry. An important trade agreement has a pulse. An effort to deal with prescription drug prices seems stuck. Divided government has produced scant results thus far, except for a small-scale budget deal that lawmakers are struggling to put in place....

Kosovo election winner in no rush to restart Serbia talks

Nov 13, 2019

PRISTINA, Kosovo — A left-wing party leader poised to become Kosovo's next prime minister said Tuesday he isn't in any rush to restart formal talks intended to normalize relations with Serbia and won't lift the previous government's 100% tariff on Serb imports. In a general election held Sunday, Albin Kurti's Movement for Self-the Determination, or Vetevendosje, defeated center-right political groupings formed by former Kosovo Liberation Army fighters who had governed since 2007. Kosovo, a former Serbian province, declared independence in 2008, a decade after an insurrection by KLA fighters and Serbian strongman Slobodan Milosevic's bloody crackdown launched a 1998-99 war....

Walk The Biz welcomes all casual and easygoing readers who seeks to digest business travel to international trade policy to starting in the transportation & shipping industry.

Subscribe to our newsletter now!