FCoin, QOS and PinjamanGo reached a strategic cooperation agreement to jointly carry out user operations, establish digital account system for PinjamanGo’s users, promote the blockchain services in the credit field, and record the user's consumption, wealth management and credit data through the QOS public chain. The borrower's needs are real-time P2P lending and guarantee the consistency of the use of the loan and the transaction.
All parties plan to work together to provide microfinance services to the middle and low-income groups with a total of more than 100 million in Indonesia. PinjamanGo plans to actively explore the feasibility of issuing QSC tokens and reward community users with “transaction mining”.
QOS aims to build a "next generation enterprise-level application community" by building a blockchain based operating system, a unified identity authentication system, a self-motivated double-layer token protocol, and a double-layer mining mechanism for “super-node + transaction mining”. With the development of the public chain, payment companies, commercial banks, internet finance, and new media companies will gradually join as cooperative service providers.
PinjamanGo is a technology finance company invested by Indonesia's largest corporation - APP Group. PinjamanGo’s business scale ranks second in Indonesia. As of today, it adopts fully automated credit approval and provides micro-credit services to more than 400,000 users.
August 3, 2018