Pangea

a Blockchain based, interest free, peer-to-peer lending platform for healthcare professionals

Front line healthcare professionals need to upgrade and update their skills through a minimum continuing education credits training every year. The costs can be burdensome and it can be financially crippling for them. Thus they would only take the minimum required while they need to take as possible to be able to provide the best health care in their works. Lending from the banks is not a good solution as the interest can be up to 36% p.a (in case of Indonesia) while the bank cost of fund is only 1% p.a.

Pangea connects the good Samaritans who will forgo the 1% p.a saving interest to provide interest-free lending to healthcare professionals who need to upgrade their training and capacity to provide a better healthcare to the general public through a transparent, secure, safe and lightning fast blockchain apps based on Zilliqa Blockchain Platform. Zilliqa blockchain make it possible for nearly zero transaction costs and fast settlement. The prototype of Pangea is written on Solidity Smart-Contract (Ethereum Platform) which can be easily converted into ZIlliqa smart-contract once the Zilliqa MainNet is up and running.

Pangea will show the world the implementation of blockchain technology which promote real game-changing, level the playing field, culling out intermediaries, near zero transaction costs in a safe, secure and lightning fast fashion - using the Zilliqa platform. The concept of Pangea can be replicated and implemented in other industries, regions for the betterment and equality and fairness through the Pangea playbook.

Currently, very few people use blockchain based applications because even a simple transaction can take a lot of time to process or can incur a huge fee. Enter Zilliqa Platform, the unique game-changing technology of Zilliqa facilitates the new possibilities for mass adoption of the blockchain-based applications. We aim to serve a huge community and to help them do transparent, fair, and low-cost transactions seamlessly.

Blockchain technology is the long-awaited solution for trustless and accountable platform. However, it is handicapped by the fact that the current platform can only perform maximum of 15 transactions per second. 

The design of Zilliqa supports thousands of transactions per second while maintaining strong security and decentralization. In contrast, Bitcoin and Ethereum can support only about 3-15 transactions per second today. 

SInce the smart-contract on Solidity (Ethereum) has been written, we only need to wait for the Zilliqa compiler to be ready so that the existing smart contract can be converted into the Zilliqa platform and implemented on the Zilliqa mainNet scheduled in Q3 2018.

Pangea is one of Noorcoin platform so that it can be used as the catalyst for adoption and traction. 

The Noorcoin platform serves 1.8 billion Muslim populations, as part of Noorcoin platform, Pangea shall enjoy the network effect Noorcoin platform brings.

The solution will leverage on the Noorcoin platform captive market base. The healthcare professionals using the platform will have access into the solution by the means of Noorcoin platform. The other parts of the solution, which is the funder can access the Pangea platform as their supporting healthcare professionals which in turn provide better healthcare services to the communities.

The solution is a dApp on Zilliqa blockchain platform, it is in the prototyping stage and can only be implemented in accordance with Zilliqa road map and timing.

Noorcoin platform leverage on its affiliation with the Organization Islamic Cooperation (OIC) which has 57 member countries and the pilgrimage economy with 1.8 billion population base. 

The team is a part of Noorcoin platform and consist of experienced professionals.

The revenue model will be charging a minimal processing fee for each funding so that it is enough to sustain the operational costs.

Solve has the vast network and access to the important resources including technological support.

For the solution to be workable, it needs to be developed on a robust, high-throughput and low cost blockchain platform. Currently, the only such platform is Zilliqa which still yet to be readily available. Solve can help to identify alternatives for this. For example, the MIT Lab has been working with several initiatives for high throughput platform.