Application for Approval of Blockchain-Powered Payment System to Promote Financial Inclusion, Stimulate Economic Activity, While Promoting Biodiversity and Facilitating Climate Change Response.

Dear Governor Maurice Hoever,

I hope this letter finds you well. I am writing to you on behalf of "Mercury Investments Consultancy NV" [KKF#69722], trading name "Mercury Iconex" based on a recent article posted on starnieuws CBvS: Large part of the population excluded from formal payment systems to present a proposal for the acceptance and collaboration of our Fintech & Blockchain-powered payment system and money transfer company with the respected Central Bank of Suriname.

“Mercury Iconex” is a pioneering financial technology (FinTech) company specialized in providing Blockchain-powered money transfer services and Fintech payment options, through digital currencies to promote financial inclusion and stimulate a cashless society. For the past seven (7) years, we have been eager (see letter previously addressed to your institution under the name of the author) to play a central role in advancing the objectives of the Central Bank of Suriname in promoting a more inclusive and open digital financial landscape, while actively stimulating economic activity and biodiversity in the region. As a pioneer in the field of financial technology (Fintech), we are convinced that the use of blockchain technology for remittance services and payment execution offers a transformative solution to address the challenges of the “unbanked and underbanked” populations, while also promoting economic growth through the use of digital transactions and to some extent facilitating the tackling of climate change.

Through our platform, we aim to enable safe, transparent and cost-effective cross-border transactions, so that people who have traditionally been excluded from the formal banking system can seamlessly access financial services. As part of our commitment to align with the Central Bank of Suriname’s vision for financial inclusion and to discourage the use of cash, our proposal focuses on the following key objectives of our platform:

Financial Inclusion: Our blockchain-based FinTech platform enables individuals from all socio-economic backgrounds to participate in the global economy, thereby reducing** financial inequality** and promoting economic growth.

Transparency: Blockchain technology provides an immutable and auditable record of all transactions, thereby improving transparency and accountability within the financial system.

Security: Our platform uses state-of-the-art encryption and decentralized architecture, ensuring the utmost security and protection of user data and funds.

Cost Efficiency: By eliminating intermediaries and streamlining the remittance process, we provide cost-efficient solutions for our customers, with the benefits being passed on to both senders and receivers.

Seamless Integration: Our platform can seamlessly integrate with existing and traditional financial systems, enabling interoperability and collaboration between traditional banks and emerging financial technologies. We aim to build strong partnerships for seamless integrations to facilitate financial transactions across the existing financial ecosystem, expand its reach and scope, and provide more inclusive services.

Discourage the use of cash: By providing efficient and secure digital remittance services, our platform aims to reduce the reliance on cash transactions. This not only minimizes the risks of handling cash, but also increases transparency, combats illicit financial activities and contributes to mitigating climate change.

Stimulate economic activity: Our blockchain-based remittance platform aims to stimulate a vibrant and dynamic economy. By enabling faster cross-border transactions and promoting greater financial fluidity, we expect to create more trade and investment opportunities in the region.

Encouraging biodiversity: Conservation and promotion of biodiversity, such as the conservation of the Amazon, can benefit from the use of blockchain-related transactions in several ways, such as transparent supply chains, tracking and recording of conservation funding and donations, creation, tracking and trading of digitized carbon credits and offsets. In short, by using blockchain transactions, efforts to conserve biodiversity and its ecosystems can become more transparent, accountable and efficient.

Mitigating Climate Change Risks: Achieving the global emission reduction targets set by international organizations for the transition to a sustainable, resilient and carbon-free future can be facilitated by blockchain transactions in various ways, such as digitizing climate-related assets to create peer-to-peer trading of renewable energy, which will promote clean energy sources, being able to trace the origin and carbon footprint of products, streamlining and securing climate financing and the fast and efficient distribution of especially financial resources during climate-related disasters.

We would like to collaborate with the Central Bank of Suriname to deploy our innovative Fintech platform for the above initiatives and promote the adoption of digital transactions. We understand that regulation is of the utmost importance and we are fully committed to complying with all necessary guidelines and requirements.

We kindly request you to give us the opportunity to present our proposal in detail and discuss how our blockchain-based money transfer company and Fintech payment system can complement the efforts of the Central Bank of Suriname in achieving its goals of financial inclusion, economic growth and reducing the use of cash, while boosting biodiversity and mitigating climate change. Your support and acceptance of our company’s offering would be a significant milestone in advancing our shared goals of promoting digital transformation and economic prosperity, which can have a positive impact on the economy, society and nature at large.

We once again look forward to the opportunity to work together towards a more inclusive open and cashless financial ecosystem, and to contribute to the growth and development of the financial ecosystem in the region.

Sincerely,
Anthony Roy Sporkslede | Blockchain Architect
Founder & CEO
Mercury Investments Consultancy NV

Updated on: 14/12/2024