Civilized Human Society

BFEX is a futuristic platform intending to become a bank for the un-bankable, giving back the power to the people whom it belongs to. What distinguishes our platform is that we have developed the 'Decentralized Social Trust Credit Scoring'. We believe in a world where people have equal access to financial resources, with the helping hands of the privileged groups. This is why BFEX was established. We create a platform which serves as a bridge between the privileged and the opposite side of the society. We're also making sure that our token utility will be sustainable, as we focus sustainable growth over profit, by launching the BPAY application. BPAY application provides a payment solution, allowing users to pay for goods and services from BFEX business partners across the globe.

Banking Platform

by expert rating and reviews

Token BFEX
Platform Ethereum
Price 1 BFEX = 0.5 USD
Country Hong Kong
ICO Start Date 01 May 2018
ICO End Date 28 Jun 2018

About BFEX

We are introducing BFEX, not as merely a business enterprise, but a social enterprise with a personality and a vision to create a world with seamless financial accessibility.

Our mission is to provide equal financial access for all by developing a more widely accessible financial platform, and in turn, disrupting traditional financial institutions. BFEX aims to utilize blockchain technology, big data, and Decentralized Social Trust Credit Scoring (DSTCS) to decentralize peer-to-peer lending.

Our vision is to develop a sustainable financial system where people can freely access the financial pool needed to improve the quality of their lives and contribute positively to society.

BFEX aims to achieve the three following goals:

To develop credit scoring system for nano-finance industry based on Trust-Based Banking by Muhammad Yunus who received the Nobel Peace Prize in 2006. An imminent part of his concept is “We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people ”.

To develop a lending platform for nano-finance via decentralized peer-to-peer lending. The terms and conditions for lending and all the business transactions linked to the data on DSTCS.

To develop the BPAY E-Wallet payment system. BFEX Tokens can be used to pay for goods and services with BFEX business partners. Not only will the business partners be able to grow and expand their markets through their partnerships with BFEX, BPAY users will also receive 50%  cash back from the deals BFEX receives from its partners upon the payment made to BFEX business partners. This cash back will be transferred into the users’ BPAY accounts at the end of 4 each month. For instance, if a BFEX hotel partner offers 20% off from a hotel booking, BFEX will offer 10% cash back to its user while using the remaining 10% for business development. 


Daniel Jaeger member of BFEX ICO
Daniel Jaeger
Joseph Swartz member of BFEX ICO
Joseph Swartz
Sam Roberts member of BFEX ICO
Sam Roberts
Technical co-founder and CTO
Irin Chunsuntorn member of BFEX ICO
Irin Chunsuntorn
International Business Development
Huan Johnson Koh member of BFEX ICO
Huan Johnson Koh
Shankar Biswas member of BFEX ICO
Shankar Biswas
Kaushik Bhaduri member of BFEX ICO
Kaushik Bhaduri
Technical Advisor
Nilanjan Banerjee member of BFEX ICO
Nilanjan Banerjee
Technical Advisor


  • 1

    2018, Q2


  • 2

    2018, Q3

    Public sale.

  • 3

    2018, Q3

    Listing on exchanges .

  • 4

    2018, Q4 - 2019, Q1

    P2P Platform Development; BPAY Development: E-Wallet, Partnership.

  • 5

    2019, Q2

    Alpha Test: P2P Lending Platform, BPAY.

  • 6

    May 16 - June 30

    Beta Test: P2P Lending Platform; BPAY.

  • 7

    2019, Q3

    BFEX Official Launch: P2P Lending Platform (Token Model); BPAY.

  • 8

    2019, Q4

    API Connection with 3rd Party.

  • 9

    2019, Q4 - 2020, Q4

    P2P Lending Platform (Fiat currency integration).


Token Sale Info
Token BFEX
Token Type ERC223
Platform Ethereum
Price in ICO 1 BFEX = 0.5 USD
Tokens for Sale 105000000
Investment info
Accepting ETH
Distributed in ICO 50%
Soft cap 12,000,000 USD
Hard cap 36,000,000 USD

Others in "ENDED ICO"