cashless economy

Post on 13-Apr-2017

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UNIQUENESS ABOUT BUSINESS

Transparency

Accountability

Increase of quality in all products

Theft, Corruption and Bribe Control

OUR PRODUCT

Our product is an application which aims in bringing more accountability and transparency to the existing economic system by replacing the current currency transaction method with digit transaction method.

WORKING MODEL OF APPLICATON

WORKING LAYOUT

B-PLAN

FINANCE PLAN The funds are arranged through

1) Loan provided by SIDBI

2) Loan provided by asset valuation.

SIDBI SMALL INDUSTRIES DEVELOPMENT BANK OF

INDIA offers “Growth Capital and Equity Assistance”

The funds are used for Marketing, Brand Building, Software Purchase, R&D and Technical know how.

SIDBI also offers SIDBI revolving fund for technology innovation.

Maximum assistance is not more than 1,00,00,000 with a interest rate of 5%p.a.

ASSET VALUATION

70% of the asset value, decided by the bank could be availed as loan.

HUMAN RESOURCE PLAN

SIDBI: If the loan could be arranged through SIDBI

then all the three founders will have equal shares.

ASSET VALUATION: If the loan is sought through assets then the

shares of the founders will be based on their contribution of their assets.

OPERATING COSTS COST OF HARDWARE:

Server’s hardware cost are determined based on the server required to perform and the number of users.

COST OF SERVER OPERATING SYSTEM:

High End Server OS: Windows server 2008 R2,Mac OS X Server

COST TO ADMINISTER A SERVER:

Costs include initial configuration and ongoing support fees, workforce costs for day to day administration and reserve funds for replacing hardware, software update fees and more.

MARKETING PLAN

Through small schools and colleges.

Bigger educational institutions.

Through small scale industries.

Through large scale industries.

Through bank tie ups.

Through print and social media.

Through Government and MNC’s

ADVANTAGES By bringing more accountability and transparency to

the money transaction system, the growth progress of the world could be achieved in more rapid speed.

Social injustice could be avoided. Sharing of resources would become more smarter. Right to Equality will be a common factor irrespective

of race, religion and culture. Helps in saving Time and Energy. Helps in leading smarter way of life. 100% literacy rate worldwide could be achieved in no

mean time . Economy Status of the people will be increased.

FUTURE EXTENT

The infrastructure and the programming code created because of this application could be extended in future for almost all fields like health and medical field, tourism, agriculture, etc.

Queries

Effort Never Dies

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