From the previous article, you have learned how the Deal Coin provides solutions to the existing problems occurring in global finance sector nowadays. It is not easy to inaugurate the solutions. There should be a team whose members are experienced and knowledgeable in the field.
The Team
The CEO of the company is Michael Morrison. He has ever been a Senior Director in some large companies in the UK. From this experience, it is no doubt that he could run the company and lead the team to reach the company’s goal. He has more than 15years of experience in running and managing SME businesses successfully. Being successful here means that he can make £75 million annual revenues. As a blockchain enthusiast, he is convinced that blockchain can give a significant impact toward global finance marketplace.
Michael doesn’t work alone. Together with three other co-founders and the entire team, he tries to change the world with particular strategies empowered by blockchain. Nassim Taleb is a part of this plan. Like Michael, he is also a successful SME entrepreneur. Graduated from Leeds University majoring in Mathematics and Business Finance makes him perfect to hold the position as the CIO. His knowledge and passion for mathematics, economy, cryptocurrency, and blockchain technology is a great formula to reach the company’s goal.
In the team, you can also find Tarlock Singh, the CFO, and Rajat Jain as the CTO. Tarlock is a professional accountant that has worked in more than 100 companies while Rajat is an IT expert focusing on IT product strategies and outsourcing business. This founding team works with other dedicated and talented team members such as Sofiane Taleb, the marketing manager focusing on social media and 12 advisors in which each of them holds specific position and expertise. There is a commercial advisor, technology advisor, blockchain advisor, and many others.
The Roadmap
There are two phases of the roadmap. The first phase is the plans that have been achieved and the second is the ongoing plans. The company was found in 2015 followed by the development of Finance Broker Platform in the UK. During 2015 to 2018, the roadmap included the discussion on P2P funding strategies, concept agreement on a P2P crypto lending platform, and research commencement.
In 2018, the company will hold token sales. After the sales are closed, the revenues will be allocated in accordance with what is written in the whitepaper. Finally, the P2P consumer finance strategy will be launched.
How the Platform Works
In order to join the lending platform, first of all, the borrowers must fill an application form via DAPP. This information will be used to make sure that their information is in line with KYC and AML policy. Users should complete the KYC information before in order to participate in the ecosystem. Once the information is verified and confirmed, the borrowers and lenders can communicate directly via the platform to discuss rate and any others terms argued by both parties. That is how the platform connects lenders and borrowers.
The next article will discuss The Deal Coin Token Sale. It will explain further about the timeline of the sale and funds allocation.
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