Sikoba was created by the founder of New Money Hub, a think tank focused on monetary theory and stable economic systems.
The token presale ended long ago, we are now working on next steps...
With P2P lending growing at 50% p.a., we see the market of P2P IOUs as the next frontier of finance, and the ultimate distributed finance application.
Sikoba is a decentralised money platform based on peer-to-peer IOUs and built on 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.
P2P payments are already above $1 trillion annually. From almost nothing 10 years ago, P2P lending has grown to $26bn in 2015 and is expected to reach $900bn in 2024. We believe that P2P IOU systems have a similar potential and that they will soon become the next frontier in finance.
There is, in the end, only one possible backing of money, and that is the promise of human work. All the mechanisms of banking and finance tend to hide this basic fact
Only a few centuries ago, most trade was done on credit. In addition, many monies circulated: the government’s money (which, by the way, was not always strongest), money issued by bankers, money issued by local princes, by monasteries, by merchants. Paying with credit was a normal occurrence. The Sikoba system will allow a flowering of this monetary diversity, adapted for modern times.
Alex is a researcher in monetary theory and leads the development of the Sikoba platform.
An experienced Project and Operations Manager, Nimisha also holds a PhD in Nanotechnology from Imperial College
Iulian is a blockchain and cryptocurrency expert and holds a PhD in Information Technology from the Bucharest Polytechnic.
Stéphane's research focuses on blockchain, zero-knowledge proofs and multi-party computation protocols. He holds a PhD in physics.
Max is the Coordinator of Beki, Luxembourg's only local currency. He is also deeply engaged in several initiatives that focus on sustainable monetary and economic systems.
Lisa has a long experience as head of finance of a UK listed company.
Elisabeth is a member of the Luxembourg bar, a former Group General Counsel and also a Sikoba co-founder.
Emmanuel is a financial services and risk specialist who has worked for some of the world's leading banks.
Graham is a crypto enthusiast and advocate for human rights, new systems of payments and governance. He is CEO of Festy, a ‘contactless crypto‘ payment system.
Roland is a blockchain and Ethereum consultant who helps us with community relations.
Bokky is a self-described ‘Actuary, consultant, quantitative developer, almost-a-palaeontologist and Ethereum fanatic.’