GEOMANNA: THE FIRST SOCIAL BLOCKCHAIN FOR THE DISTRIBUTION OF SOCIAL ACTIVITY BONUSES.
It is no longer news that the global population is growing very fast with over 7 billion people amongst which the greater number lives in poverty. In most countries if not all, there exist a common believe that everyone has equal rights but unfortunately, this doesn't seems true. It is obvious everywhere that only few individuals live in prosperity while the greater number live in poverty and most times can not afford money for clothing, shelter and even food.
This is a very sad and pathetic situation that requires serious attention; this is why the Geomanna project is currently being developed in attempt to solve this ugly situation of social and economic inequality.
The Geomanna project is a blockchain based platform aimed at providing opportunities to all participants from different social stratum to receive bonuses to meet their basic needs by further exchanging them for goods and services.
The platform is decentralized and socially funded ecosystem for direct peer to peer interaction that is based on blockchain technology which is capable of ensuring transparency, reliability, speed as well as equal opportunities.
The Geomanna project is developing a unique system to ensure social equality through a decentralized system of social activity bonuses intended for digital social network with high transactional speed at no commission. This will be achieved through the combined capabilities of blockchain technology and the Geomanna technology framework.
The Geomana platform is intended to improve the effectiveness and relationship between businesses and people by means of eliminating intermediaries to ensure transparency, safety and profitability. E-commence stores as well as cooperate businesses would find this project very suitable for payment purposes such as payment for services, payment for goods etc, particularly as transactions are designed to be instant even across international borders.
Geomanna' platform is designed with core features that help business owners to integrate their stores and services into the platform, by doing so they(business owners) will be able to receive GM bonuses on goods and services. This operations can be carried out through a mobile app.
It is believed that the complete exclusion of commission fees on transactions within the Geomanna' platform will aid mass adoption of GM as well as ensuring direct interactions between suppliers and consumers of goods and services.
Another interesting features of this platform is the safety of operations. A multifactor authentication system is put in place to ensure safe storage of personal data and bonuses on any used device.
Geomanna' main tool for receipt and storage of bonuses as well as the confirmation of transfer between participants is the 'pocket' which will be compatible with all types of smart phones.
Project's roadmap.
Generally, the Geomanna project look promising and has received positive ratings from experts across blockchain, Fintech, and crypto industry.
Informations about the project' team can be accessed on their official website and LinkedIn. Their ICO is currently ongoing with mainsale slated for August 1st, 2018 - November 1st, 2018. Interested investors can use the links below to access more information about Geomana project.
Source/official links
Website: http://geomanna.com/
Ann thread: https://bitcointalk.org/index.php?topic=3429780
Whitepaper: http://geomanna.com/docs/white-paper.pdf
Authored by Torps1: https://bitcointalk.org/index.php?action=profile;u=1291920
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