Reboot in progress...

 News ticker

We are still looking for help in the areas of comunity management and web site development.

Alex spoke at the Budapest Blockchain Meetup on 10 January about the Blockchain Holy Grail and limits of tokenisation, among others. On 25 January, he will present Sot.rb, a Solidity testing tool for Rubyists, at the Ethereum Meetup Munich.

Team news: Zoltán Humpok has joined Sikoba as lead developer. Max Hilbert, who manages the Beki local currency, agreed to become an advisor.

 Summary

Sikoba is building a decentralised money platform based on peer-to-peer IOUs and blockchain technology. Participants who know and trust each other in real life grant each other credit lines in the Sikoba system. They can then pay each other without using fiat money. These peer-to-peer credit relationships are governed by contracts with specific conditions, fee structures and repayment rules. Using credit conversion, a kind of configurable rippling, payments between participants who do not trust each other become possible. Fiat money or cryptocurrencies are used when there are no credit links between participants, or to repay outstanding balances when needed.

Some additional information can be found on our reddit wiki.

 Where we are - December 2017

We are working on a new online presence and on refocusing the project. In the meantime, if you're interested in the project and want to contribute, please don't hesitate to contact ak/at/sikoba/dot/com.

 Note on token presale

At the beginning of January 2018, we have clawed back unclaimed funds from the token presale (link) that ended in May 2017. Participants can no longer reclaim their contributions, but will be given tokens instead - exact amounts to be decided in the coming weeks. Some of the funds were used by the company to repay debt, the majority will be used for product development.