WHAT DOES CUFFCOIN PROVIDE?
Currently, there is over 4bn in irrecoverable debtpapers, because it costs a lot to invest in lawyers and court. Cuffcoin has arrangements with debtcollectors to go to court to collect the debt. Cuffcoin aims to leverage this trend.
PROVEN TRACK RECORD.
Today, Cuffcoin offers users a fully operational debt barter en buying platform. It uses blockchain technology, collaboration with debt collection agencies and lawyers to collect the receivables. The Cuffcoin enables crowdsourcing to help creditors to collect millions of debt that are trapped as worthless securities.
Cuffcoin plans to streamline the debtpaper and collecting process using blockchain and smart contract technology and eliminate the need for a middleman, making it possible for debtowners to complete all debtpaper barter and collecting tasks in one place.
Here at Cuffcoin, we’re convinced that blockchain technology with smart contracts is the core engine for the debtpaper bartering and collecting industry. Smart contracts will be written in Ethereum Solidity to drive accounting / ERC-20 token movement.
Members of the Cuffcoin community have bartered their debtpaper in Cuffcoins. At the end we at Cuffcoin are building a company in bartering debtpapers for Cuffcoin.
Cuffcoin creates a healthy debtpaper barter environment in which all prospective debtowners can customize and negotiate their debtpapers offers based on the Cuffcoin value on this moment and as a result in the future value off the Cuffcoin true market price.