How ethecalTM Works

The ethecalTM ecosystem of users

ethecal is an ecosystem in which users and technologies combine to deliver a cheaper and more sustainable way to help eliminate the downward spiral of debt. It provides safe, fair, and manageable credit access to low-income workers who would otherwise have no alternative but to turn to high-host credit such as payday loans.

ethecalTM End Users

ethecalTM Service Providers

ethecalTM Local Councils

The ethecalTM Platform Technologies

The ethecal platform, built on block chain and run on smart-contracts directly connects users to providers

ethecalTM Blockchain Based Platform

ethecalTM Wallet for Consumers

ethecalTM Customer Risk Assessment

ethecalTM Smart Contracts

ethecalTM Automated Bill Payment

ethecalTM Wallet for Providers

ethecalTM Affordabilty Index

ethecalTM Automated Salary Deduction

The ethecalTM App

Key user benefits are:

  • Complete Control: Users can create unlimited sub-wallets to empower budget management.
    • Easy Rule Definition: Users can write their own rules like – “When my housing benefits comes in move it to the Housing Benefit wallet and then pay it to my Housing Association on the 1st of each month”
  • Independent validation of identity and repayment affordability
  • Users perceived as lower risk and can access credit that would otherwise be unavailable or high cost.
  • Simplified applications of contract based products like insurance, HP, phone contracts, etc.
  • Access to special rates offered by ethecal suppliers through the app platform.

ethecalTM for all

Access to credit is based on how much you can realistically afford to borrow

ethecalTM for service providers

Access to a wider reach of prescreened customers

ethecalTM for local authorities

A cost effective and efficient way to deliver benefits and receive payments