Introducing Fummi.key - Blockchain For Change

BLOCKCHAIN SMART ID AND ALTERNATIVE FINANCIAL SERVICES

LEADERSHIP

TEAM

Calvin Bradley

Amanda Graham

CO-FOUNDER & CEO

CO-FOUNDER & COO

• Fin tech Entrepreneur • Private equity finance and consulting background • Thomas Edison Innovation nominee 2017 • Speaker: Blockchain D.C NY Fin-tech-Fast paced ICO’s

• Human Right advocate with strong connections to social impact organizations • MS in Human Rights, Columbia • Hyperledger NYC meet-up champion • Speaker: Hudson Valley Tech Conference

Bob Visnov CTO

• VP technology at JP Morgan • CTO of Authentidate Inc • PHD,Material Science and Engineering, University of Pennsylvania • Expert in finance and cryptography

Josh Thompson

Mohit Mehta

CO-FOUNDER & CHIEF IMPACT OFFICER

DIRECTOR OF ECONOMICS & MARKETING

• Director of Education Bridgeport

• Political consultant at Run for America

• Executive Director of New Leaders

• Helped pioneer Pathways Program to help people run for office

• Former NYC Mayoral Candidate • Advisor to Cory Booker

• Policy advisor for New York Mayoral Campaign

• JD Law, Vermont law School

• Social media analyst

2

ST RAT E GIC

AD V IS ORS

Scott Bommer

Andrew Hoppin

FOUNDER OF SAB CAPITAL DIRECTOR AT THE ROBINHOOD FOUNDATION

Marta Piekarska

PUBLIC SECTOR AND CIVIL SOCIETY FORMER GOVERNMENT CIO

Ken Hausman SVB ADVISOR DEUTSCHE TELECOM

SECURITY ADVISOR HYPERLEDGER DIRECTOR OF ECOSYSTEMS

Carol Von Cleef BAKERHOSTETLER PAYMENTS INFRASTRUCTURE AND REGULATION

Aram Barnett

Lou Kerner “WALL STREETS MR.BITCOIN” SENIOR ANALYST GOLDMAN-SACHS

Nate Lubin OBAMA SENIOR DIGITAL STRATEGIST WHITEHOUSE DIRECTOR OF DIGITAL STRATEGY

LEAD TOKEN ENGINEER CEO ALLUMINATE

Sahil Sachdev CO FOUNDER, THE GIMLI PROJECT CO FOUNDER, SEND IT LATER

3

ID

PROBLEM

11% United States Citizens do not have governmentissued photo identification

50% Adult Americans personal data hacked in July 2017 (Equifax)

ID = Access No ID = No Access ID doesn’t necessarily mean security

http://www.brennancenter.org/sites/default/files/legacy/d/download_file_39242.pdf https://gizmodo.com/hackers-steal-personal-information-of-143-million-ameri-1802136954

4

A C C E S S

A N D

I N E F F I C I E N C Y

P R O B L E M

In the US, there are millions underbanked, underserved and overcharged by the traditional financial system.

77 mm Underbanked in the United States

$3 bn

$1 bn

Annually in fraud

Annually uncollected benefits

http://www.brennancenter.org/sites/default/files/legacy/d/download_file_39242.pdf http://www.cleveland.com/datacentral/index.ssf/2015/05/1_in_5_americans_receive_gover.html http://www.foxbusiness.com/features/2016/02/15/how-many-americans-have-bad-credit.html

21%

30%

Dependent on US government benefits

US population with poor credit

The US government spends an estimated $140 bn annually on EITC and SNAP.

http://www.brennancenter.org/sites/default/files/legacy/d/download_file_39242.pdf http://www.cleveland.com/datacentral/index.ssf/2015/05/1_in_5_americans_receive_gover.html http://www.foxbusiness.com/features/2016/02/15/how-many-americans-have-bad-credit.html

5

SOL UT IO N :

ID Meanwhile, up to 97% of low income individuals have smartphones*

ID as a point of Access

12:30 12:30

Confirmed

Fummi is an android app. It uses SmartID to transform services for the underserved and underprivileged: 3 key features: 1. Digital ID - Change Pass

JS You have successfully added

Jessica Smith

917-930-6597

04/07/91

PHONE You’ve just added DATE OF BIRTH

+$10.00

2. Safe storage of money - SmartWallet Available Balance $300.00

3. Marketplace for service providers and beneficiaries

Verify My Identity BOOK A SHELTER

FIND A DOCTOR

EARN MONEY

Mobile ID and verification

Blockchain (Hyperledger’s Fabric) based SmartID app that reduces fraud and provides people streamlined access to low-cost government services

SOL UT IO N :

C H A N GE

CO I N

Safe Storage of Money

12:30 12:30

The Fummi ecosystem makes use of the Change Coin:

Confirmed My Activity WALLET

2. Reduce the cost of services through the cooperative purchasing platform 3. Function as a currency for improved and sustainable alternative financial services.

PAYMENTS

JS

You paid Urban Pathways

UP

Checkin APPROVED

3 key features: 1. Safe storage of money

SNAP

UP

REPORTS

-$10.00

04 / 23 / 17

04 / 23 / 17

You have successfully added Meal voucher exchange 04 / 23 / 17

You’ve just added +$1.25

You collected bottles RiteAid 04 / 24 / 17

UP

+$10.00

REPORT

Checkin APPROVED 04 / 23 / 17

Available AvailableBalance Balance$300.00 $300 BOOK A SHELTER BOOK A SHELTER

FIND A DOCTOR FIND A DOCTOR

EARN MONEY EARN MONEY

Change Coin Ecosystem

Blockchain (Ethereum) based token that adds liquidity in our closed loop system

OUR

TECHNOLOGY

OFFERS

Smart ID technology powers next generation financial services

12:30 12:30

Confirmed

12:30

Ready to Check In

JS

JS

Jessica Smith

PHONE

04/07/91

DATE OF BIRTH You’ve just added

+$10.00

12:30

You have successfully added

Jessica Smith

917-930-6597

04/07/91

PHONE

DATE OF BIRTH

Approved

12

STATUS

ROOM

917-930-6597

04/07/91

PHONE

DATE OF BIRTH

+$10.00

MY CHECK IN CODE

Verify My Identity

Complete Check In

BOOK A SHELTER

FIND A DOCTOR

Available Balance $300.00

FIND A DOCTOR

EARN MONEY

EARN MONEY

Enables additional earnings generation

You paid Urban Pathways

UP

Checkin APPROVED

UP

Meal voucher exchange

UP

Mobile ID and verification

-$10.00

You have successfully checked in!

04 / 23 / 17

Urban Pathways Friday, June 2 11:30am 145 15th Street, New York, NY 10017

04 / 23 / 17

+$1.25

REPORT

04 / 23 / 17

Available Balance $300

FIND A DOCTOR

You’ve just paid

-$10.00

Checkin APPROVED

BOOK A SHELTER

Check-in and payments for locational services

REPORTS

04 / 23 / 17

04 / 24 / 17

BOOK A SHELTER

Confirmed

PAYMENTS

You collected bottles RiteAid

Verify My Identity

Available Balance $300.00

SNAP

JS

You’ve just added

Urban Pathways Friday, June 2 11:30am 145 15th Street, New York, NY 10017

12:30

My Activity WALLET

Jessica Smith

You have successfully added

917-930-6597

JS

12:30

Confirmed

Financial services empower the underbanked and underserved

EARN MONEY

Records transaction history

Available Balance $290.00

BOOK A SHELTER

FIND A DOCTOR

EARN MONEY

Payment management and budgeting 8

ECO SY S TE M

BE NE FIT S

Blockchain auditability and transparency

Reduced admin cost per user Increased user accountability per transaction

More people get services they need

Unique secure records with corresponding data from accredited vendors reduces fraud

ECOSYSTEM BENEFITS

Government and NGOs can securely transmit funding directly to the user

Streamlined payments through blockchain protocols

Trusted network scalable growth

Automated payments & analytics 9

B U S I N E S S M O D E L & A D D R E S S A B L E M A R K E T

SOFTWARE AS A SERVICE

45,000,000 Universe of LifeLine Customers

$3/user

A LT E R N AT I V E F I N A N C I A L SERVICES FOR THE UNDERBANKED & UNDERSERVED

This represents an opportunity to provide alternative financial services to the underserved and unbanked population.

Service Provider Monthly Fees

Blockchain reduces fraud, enables peer-to-peer lending, and creates auditable and transparent services for users.

10

MA R K ET

OP P ORTUN ITY

AND

G RO WT H

Users S TA G E

5 S TA G E

Partner with bank charter Alternative credit scores and blockchain automated micro-lending Micro-lending at massively reduced cost to the user

4

S TA G E

Enables direct deposit banking services Transaction history builds credit profile Money transmitter license: Debit cards

3

S TA G E

S TA G E

Enable benefits administration and management Benefit and financial planning via push notifications Peer-to-peer lending

2

Full Production MVP and service provider network Cooperative purchasing Neighborhood Trust: Savings gamification pilot

1

Pilot with Urban Pathways shelter and POTS food pantry NYC Fummi verifiable digital ID Closed loop payments systems

300,000,000

30,000,000

3,000,000

300,000 30,000

11

D I S T R I B U T I O N

R O A D M A P

Distribution roadmap to have Fummi preloaded to millions of lifeline smartphones:

NYC HOMELESS

Stage 1 Robin Hood partner organizations

US UNDERBANKED

DIRECT MARKETING PARTNERSHIP

MASS MARKET

GLOBAL

Stage 2

Stage 3

Stage 4

Stage 5

Life Wireless - 5 mm app pre-installed and card partnerships

Lifeline Federal Assistance Program 45 mm

Prepaid and payment services

International Partnerships

The 5 mm user mobile distribution strategy will target having the largest number of token holders out of any altcoin. A mere 5% of the total lifeline customer base. 12

TO K E N

S A L E

Marketplace access Token: Change Protocol “Change Coin” Fummi Working Capital Acc

Ethereum ERC20 token Purchase Methods: BTC, USD Total Token Supply: 200,000,000

Exchange: 36.76% CNG: 73,529,412 Private Sale Price: $0.68

12:30

JS Jessica Smith 917-930-6597

04/07/91

PHONE

DATE OF BIRTH

Sale Goal Minimum Raise: $5,000,000.00 USD Goal: $50,000,000.00 USD

Users (Donated) Percent of total: 39.24% CNG: 78,480,000

Verify My Identity

Escrow Acc

13

FLOW

OF

FUNDS

Blockchain database

Using the mobile app the user pays for a service. • Dollar amount is debited from the local balance When connected, the mobile app posts this transaction to the BCC backend database and blockchain

Mobile app payment

Service provider

• Payment is debited from the user account

Marketplace services

Bank

TRACTION

DISTRIBUTION

FOUNDATIONS

SERVICE PROVIDERS

15

D I F F E R E N T I AT I O N

Digital Identity Landscape: 1. Banqu 2. Civic 3. Cove 4. Humaniq 5. Indy

16

C O N TA C T

Thank You - Please contact us for more information: www.blockchainforchange.org [email protected] www.facebook.com/blockchain4change 
 @BCCBlockchain @blockchainforchangeofficial  https://t.me/blockchainforchange 17