Review on Hamebi Token by Pedro O. Alvino M.
Financial infrastructure for smart cities.
Started in 2019, the project plan is to expand a financial ecosystem based on the applications of its affiliates that lead to greater usability of the HMB token as a payment system through peer to peer networks.
The structure of the project is based on providing users with a mechanism that promotes financial entrepreneurship, given that a large part of the project's services are aimed at cities and countries with a high level of development, so that the financial system of such cities can be improved through platforms connected to the project such as Mobi Coins and Mobi Dollars.
According to the project's roadmap, they plan to launch their services to different smart cities in the next three years, in addition the project has a strong relationship with organizations linked to the UN, so they plan to organize an economic aid program for the populations with the greatest financial deficit through the services connected to the project.
The current situation that the world is going through, has affected the project plans so that the launch of its services in smart cities was rescheduled for a period of two years, something that may be detrimental to the project, since the project goes to market with a A similar mechanism that can address such problems and leave the project in financial decline given the low demand for the services it offers.
Pros
- It works as a payment and loan application mechanism.
- Your connection with MobiDollar can give more stability to the HMB token in the market.
- The availability of its services connected to the HMB token are open to any user.
- The project is supported by organizations associated with the United Nations Organization.
Cons
- Much of the launch of its financial services in smart cities will have delays given the current situation the world is going through (Pandemic).
- Establishing long periods of project service launch can be detrimental given the emerging market that it sparks on a daily basis.
- Its HMB token has a declining economy given the low utility it has had in the market.
