Intellabridge Products:
ChargaCard’s platform currently offers three core products and services designed to leverage blockchain technologies:
1. ChargaCard
ChargaCard is a P2P payment processing platform for the informal credit markets. The platform makes it easy for individuals to pay their bills in installments and for service sector businesses to get paid on time and in full. The platform helps improve the receivables turnover ratio of service sector businesses and obviates the need for collection agents. At present, the application is not active as the Company focuses on development and marketing of its core assets.
2. Cryptanite Mobile App
The Cryptanite app is a peer-to-peer crypto-currency marketplace, making it easy for users to purchase, trade, send and receive crypto-currencies and tokens. The app is available in the Apple and Google Play stores. The Cryptanite App also includes a variety of pre-configured crypto-currency bundles such as the “HODL” bundle, and “SIZE” bundle making it easy for users to build a diversified portfolio of crypto- currencies. The App is designed to provide a secure, easy-to-use and frictionless process to buy, exchange and store a diversified collection of several dozen crypto tokens, including Bitcoin, Ethereum, Ripple, Stellar and Dash. The application had a limited number of users and transactions, and therefore the Company decided to leverage the intellectual property and technology for the development of its BitDropGo application.
3. BitDropGo
In September 2019, the Company completed the development and launched in the Google Play Market of its new product called “BitDropGo”. BitDropGo is an augmented reality advertising platform, powered by a digital asset rewards system. The private beta version went live in July 2019. South Africa and Ukraine are among the first markets where the product will be launched. In August 2019, ChargaCard has engaged a South African-based company as a Sales and Brand Ambassador, which will support the launch, advertise and promote the product in South Africa. The Product will be featured at several high profile blockchain events with a focus on emerging markets, which has been started with the CryptoFest 2019 conference in Cape Town, South Africa on September 07, 2019.
4. Blockchain Consulting& Professional Development Services
In December 2018, the Company entered into an agreement with One Feather Mobile Technologies Ltd (“OneFeather”), a British Columbia-based technology and consulting service provider focused on First Nations communities, to develop a comprehensive suite of blockchain-based software products including Smart Status Cards, vote management systems, member registrar management systems, digital wallets, and financial management and accounting solutions. This consists of a digital solution for First Nation sovereign identity and status card renewal, a government requirement that often remains incomplete due to the nature of the current renewal process. The Company will provide a development solution utilizing blockchain technologies to enable more efficient status card renewal and status verification. ?
The Company will develop and deploy OneFeather’s Smart Status Cards. These cards will bring a number of banking benefits to users deriving revenue from monthly client card fees and typical banking transaction fees.
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