'Crypto for good': This community doesn't just innovate, it wants to make a difference
Innovation is the lifeblood of any new market or industry, and crypto is no exception. But when disruptive sectors move fast, there's always a real risk that crucial values — including safety and compassion — end up getting left behind.
SmartFi is one of the crypto communities vying to offer cutting-edge products with digital assets at their heart, all while protecting the interests of users.
"Crypto for good" is the project's mantra — and SmartFi has been registered with the Financial Crimes Enforcement Network (FinCEN) in a push for transparency. SmartFi's native token, SMTF, has also undergone a thorough audit.
In the coming years, this community believes old-fashioned conventions surrounding banking and government-controlled money will inevitably change. As cryptocurrencies continue to gain prominence, they'll transform the lives of the world's poor — and enable millions of unbanked consumers to unlock financial freedom.
"Returning power and economic control back to the people really matters to us," SmartFi's co-founder and CEO Aaron Tilton told Cointelegraph.
In the coming months, SmartFi's planning to release a peer-to-peer, asset-backed stablecoin — as well as a mobile payment app that's accessible to all.
As development continues, the community is being encouraged to give back to others — and Tilton has led by example with a philanthropic trip to Guatemala. Joined by Joseph Allen — a singer, entertainer and TV personality who wowed crowds and was awarded with a golden buzzer on America's Got Talent — their work brought power and clean water to a rural school, making a real difference in people's lives.
SmartFi has been in business since 2017 — and over this time, the project says it has funded loans and crypto
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