RNS Solutions & Trustedchain develop blockchain FinLit platform for the Islamic development bank – press release Bitcoin News

Press release

PRESS RELEASE. Pakistan: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea and Singapore, announced an impressive partnership with the this week ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Chain of trust Software development and consulting company in Saudi Arabia.

As part of the partnership, the consortium (RNS Solutions & Trustedchain) will develop a blockchain and AI-based platform for financial literacy (FinLit) that will have a crowdfunding laboratory based on blockchain technology. The platform will also include an interactive financial learning management system and financial AI chatbot support systems.

In an effort to provide financial education and information to young generations, often poorly prepared for the financial demands of the modern world, FinLit will break down complex financial and investment terms, services and products within the platform.

“Our teens often exit college in the real world without knowing how to convert their current income into sustainable and intergenerational prosperity,” said Dr. Shakil Muhammad, Chairman of RNS Solutions. “FinLit will offer various modules, from financial learning through hackathons, webinars and tracking to project exhibitions. Each project will have tokenized equity for startups and allow investors to make safe and profitable decisions regarding project financing. “

As part of the platform, the embedded AI-based chatbot allows users to have contextual and non-contextual discussions. Via Natural Language Processing (NLP), the chatbot is able to provide context, answers and information so that the user can get the most informed answer. Machine learning technology ensures that the correct financial definitions and answers are provided with every query.

By providing this type of information and support to young people, they will be able to maintain their resilience during the economic downturn, maintain confidence in financial decision making, increase personal savings beyond their imagination, and local banks, jobs and overall national prosperity. In addition, this type of financial literacy will be available to everyone from young men and women to families, SME owners and entrepreneurs.

“Antlia Blockchain will be used for crowdsourcing modules and an AI-based chatbot will provide query support and real-time responses to all users within the platform, ”said Dr. Mohammad Alqarni, CEO of Trustedchain. “The Antlia blockchain is a scalable and interoperable blockchain that will help FinLit platforms to interact with different currencies from Antlia oracle pools. Finally, the platform includes a detailed learning tracking system that guides users through setting goals, enrolling for courses and improving their personal financial literacy. “

After many years of national and international activity in Asia, the partnership between RNS Solutions MENA and Trustedchain will create rapid economic growth in the greater MENA region. In terms of blockchain and software, the partnership with RNS Solutions will put Asia and MENA on the map as pioneers in the blockchain development game.

The highly anticipated FinLit software development platform is poised to transform the way individuals around the world seamlessly access, process, and use financial literacy.

For more information, visit www.rnssol.com

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This is a press release. Readers should do their own due diligence before taking any action in relation to the advertised company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in the press release.

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source https://bidsfor.me/rns-solutions-trustedchain-develop-blockchain-finlit-platform-for-the-islamic-development-bank-press-release-bitcoin-news/

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