BELUGAPAY - Decentralized Fiat & Crypto Point of Sale Systems

Overview
In 2017, more than 2 billion adults and up to 39% of the total global population still do not have access to a bank account. In developing countries, that number is even higher.

According to the World Bank’s Financial Inclusion Database, as of 2015, almost two-thirds of the populations of just five countries - Indonesia, Philippines, Nigeria, Colombia, and Peru (a combined 630 million people) - remain unbanked. If one includes all middle income and developing nations, that number rises to a whopping 3 billion-plus humans without access to a bank account, let alone access to basic financial tools such as a debit card. Despite the leaps made by financial technologies in the past few decades, it is clear that access to simple, 21st century financial utilities remains shockingly low.

Digital payments are the solution that will provide entry to financial inclusion for these billions of people. That said, financial exclusion still remains, in large part, because most merchants in underserved demographics still deal only in cash. These micro and small businesses (MSMs) - the local food vendors, gasoline stands, mobile phone kiosks - the lifelines for most people, represent over USD 6.5 trillion in transactions annually. Yet less than 10% of these merchants currently accept digital payments.

BELUGA will be fully compliant in every jurisdiction it operates in with strict Know Your Customer (KYC) and Anti-Money Laundering (AML) processes.

Product Overview

Beluga believes the world can be a better place with open and validated payment solutions to connect merchants, consumers in a hybrid crypto and traditional banking environment.

BBI Token Utility

Membership

BBI can purchase Beluga Pro membership with advanced analytics and CRM tools.

Factoring

BBI is used to increase merchant deposit speeds, from three business days, down to one.

Loyalti Rewards

BBI used for rewards (similar to Air Miles.)

Earn from fees

BBI token holders earn 0.5% on all transaction fees.

Token Sale Details

Token : Beluga Banking Infrastructure (BBI)
Fixed Supply : 100,000,000 BBI Tokens
ICO Starts : December 1, 2017
Platform : ERC20 Token
ICO Ends : January 14, 2018
Exchanges :Listing on February 14, 2018

TEAM

Alex Avila

Chief Executive Officer

Alex is a blockchain evangelist and a product designer. Alex is the co-founder of Beluga’s predecessor Espiralapp.com. Currently Alex is also a consultant for Citigroup coaching executives on best practices of blockchain technology and entrepreneurship. Alex dropped out of EGADE Business School and earned a certificate in Design Thinking from CEDIM Design

Hugo Munguía

Chief Technology Officer

Hugo is a fullstack developer and blockchain enthusiast. Hugo is the CTO of Beluga’s predecessor and wrote its first line of code, Espiralapp, and leads all technical integrations with partners and certifications. Hugo graduated from Universidad de Guadalajara.

Saravana Malaichami

Chief Data Officer

Saravana is a blockchain developer and co-founder of Smartchainers. Saravana is a regular speaker at blockchain and fintech events in India. Saravana has over 15 years of development experience. Saravana graduated from Leichsteister University.