Formosa Financial aims to solve 3 main current market needs: Crypto security, Treasury management, and Payment services. Crypto security will offer full brokerage custody with hot and cold wallets, as well as multi-signature wallets for utmost security. Treasury management will offer P2P lending as well as bank-issued credit lines based on crypto assets acting as collateral for fiat credits. Payment services such as digital fiat and international wire payments will offer a universal cross chain solution whilst connecting with a mature banking layer.
Global Road shows average 1 PER 2 weeks. Apply to Taiwan fintech sandbox. Open From Private sale. Complete V1 platform development. Complete from private sale.
Q3 2018
Global road shows of aaverage 1 PER 2 weeks.Beta test platform V1 with limited feature and partner support.receive admision to Taiwan fintech sandbox. begin phase 2 platform feature development.
Q4 2018
Global road shows of average 1 PER 2 weeks.Launch XDRC reserve ASSET. Complete Phase 2 platform features.
Q1 2019
Global road shows of aaverage 1 PER month. Full feature support for all customer Types.
Q2 2019
Global road shows of average 1 PER month. Pursue partnerships and secure full banking license.