AT A GLANCE
Today, Cuffcoin offers users a fully operational debt barter and 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.
We are convinced that irrecoverable debtpapers is the next industry to be disrupted by technologies, and our entire team believes that blockchain and smart contracts are the inherent part of the upcoming innovation. Here at Cuffcoin, our goal is to make both debtowners and Cuffcoin enjoy an experience that includes open and transparent application process, crowdsourced security debtcollection network, instant barter deals with Cuffcoin, which will also increase the value of cuffcoin.
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.
More than $35trln in the bank accounts around the world generating only on average 0.1%. People have limited access to investment alternatives that often have min thresholds and requirements.
FROZEN IN DEBTPAPERS
Debtowners freeze millions of dollars in debtpapers. To get more value, there must be taken action and must be invested in lawyers to collect the debt. Cuffcoin will invest in the debt and collect the money. The cost and profit to collect the debt is for Cuffcoin. The value of Cuffcoin will go up when Cuffcoin will succeed in collecting the debt.
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.