EFTA Document EFTA01617334

Platform: iMessage Timezone: UTC+0000 • • 2015/08/05 Can you talk 07:27:02 pm My question to you: [email protected] 07:27:51 pm I have a very cool IP/tech that links from no coverage to 4g and works across all phone types to manage transactions. Slumdweller savers helped me shape it (I worked w them 10 years). Remember that with about $100m of billg money we built these massive savings networks in Africa. Huge and across 34 countries. So the tech creates digital platform for an early (savings based) credit rating system and also grows a marketplace between savers and lenders. It is a huge market. 07:53:40 pin It's trusted bc the communities of savers manage their ledgers (through a block chain validated security and transaction process). QUESTION.... Try to grow the company and push for models and products or develop the solid tech platform and sell it I think it would be perfect for whatsapp (Facebook) bc it would put them into the banking space where they want to be. But MasterCard also wants. 07:55:15 pm EFTA01617334 So the tech is done in 3 more weeks and it's super cool. Field tested etc and we have a trial going w some Banks in Zimbabwe. But if we sold the tech to a great and big company it could be really cool Synergy. It could help Facebook own the market they want. And I could build alongside whatsapp instead of with other competitors And it gives them a head start against the telcos Anyway please help think I have a dinner tonight 630-830 07:56:59 pm 2015/08/06 Just got a call from a big bank in Botswana wanting my product 02:59:54 pm Cool but wow 03:01:23 pm They made me a slide deck about why I should work with them. I'm still piloting so it's a bit odd 03:06:48 pm Dollars? 03:07:23 pm They just sent me slides and we speak tomorrow 03:17:21 pm Hadn't considered Botswana have been focused in bigger economies 03:17:35 pm EFTA01617335 Word travels fast 03:17:50 pm called BancABC 03:18:07 pin Good 03:30:31 pm It's not ready to scale yet 03:31:08 pm The IP is really cool 03:31:19 pm Really really cool and I think should be the finance side of whatsapp (owned by Facebook) 03:31:27 pin explain 03:47:49 pm V Sent EFTA01617336 Two IP things 1. Securely Recording Transactions Using Low-Bandwidth Digital Communication Over Ultrasonic Audio and 3G Networks 2. Block chain validation of ledger and community management system They link 04:04:15 pm It's end to end in terms of tech (don't even need wife or Internet) and it brings everyone on board This is the audience no one knows how to teach but wants to 04:04:55 pm Bottom billion - they transact more than ppl think 04:05:14 pm These massively networked savings and slumdweller groups trust no one. They do trust me and they helped me build and test the product. I have them some of the company too. So they drive like hell 04:05:57 pm https://a16z.com/2015/08/06/wechat-china-mobile-first/ 05:51:54 pm We chat is competitor to whatsapp 05:52:14 pm My stuff makes whatsapp a competitor for we chat in Africa 05:52:34 pm In Botswana they want to do some kind of collective bargaining scheme with unions and want to use Zofo (my platform) for payments falling under those schemes since they are both collectives and frequently off grid 07:36:47 pm EFTA01617337 The revenue model for zofo is a few things - transactions - credit reporting - direct marketing Easier that way 07:37:23 pm 2015/08/07 z0 O\ 01:27:28 am V Read EFTA01617338