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Niket Raj Dwivedi
•

Medial • 1y

Announcement : Pitchers (Digital Shark Tank) by Medial. Hello everyone! Glad to be announcing our flagship initiative- Pitchers! This app is for entrepreneurship and entrepreneurs. Hence, to complement it, we have decided to celebrate ideas and drea

Vaishnavi

Making ai work • 1y

Problem :-There are many women in villages or in urban areas who do this committee system in which you submit some amount every month and one or two people can take a loan from that and then pay it back as interest in the following month . But it's a

Deepasnhu Chail

Mastering the Game o... • 1y

You’ve identified an unexplored area. The existing committee system operates offline, and transitioning it to a digital platform could bring significant benefits. Unlike offline systems, a digital solution can scale rapidly, reaching more users across different regions. A digital platform would make it easier for participants to track contributions, loan requests, and repayments. It eliminates the need for physical meetings and paperwork. Convincing users to shift from a familiar offline system to a digital platform may require building trust. Some participants might be hesitant due to lack of familiarity with technology. In rural areas, internet connectivity can be unreliable. Ensuring seamless access to the app or website will be crucial. If your platform operates like a bank, you’ll need to comply with financial regulations. Licensing, KYC (Know Your Customer), and other legal aspects must be considered.

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Vaishnavi

Making ai work • 1y

Wowww that was a great insight thank you 😊

1 Reply

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