Thursday 28 Mar 2024

Award-winning Goan entrepreneur to launch media channel TokenJay.TV

| DECEMBER 12, 2019, 03:58 AM IST

the goan I network

PANAJI

Jason Fernandes, who is an award-winning Goan tech entrepreneur, will be launching a new media channel called TokenJay.TV very soon.

Just in the previous month, November, Fernandes was conferred with the prestigious Karmaveer Chakra Award and REX Karmaveer Global Fellowship, which is a global civilian honour instituted by the United Nations and International Confederation of NGOs (iCONGO).

The idea of launching a channel is to highlight people and companies all over the world, which are making the planet a sustainable place by using Blockchain, Fintech and related technologies.

Fernandes said, “I’ll be launching the channel online, which will act as a video aggregator of multiple people and projects, who are using Blockchain for the cause of sustainability. On the channel, I’ll be having my show and I’ll also bring other personalities working in the field.”

Fernandes is a strong believer in the potential of Blockchain in solving some of the major challenges the world faces today, which is making it an unequal place.

“When Mexican people living out of their country would send money to their families back home, they used to lose 30% of it due to charges, fraud and other issues. They started using Blockchain and today they lose only 1% of the money being sent to their families,” he said.Only 39% of adults worldwide have a bank account and large parts of South Asia remain unbanked. Needless to say, a person without a bank account has little financial and legal existence, as he is practically out of the formal financial system.

Fernandes thinks that Blockchain can help in dealing with such challenges. In 2018, he joined Munich based Neco Finance as their ICO (initial coin offering) manager and investment circle lead.

He worked closely with the founder of Neco Finance, Florian Goette, and other senior-level employees to help flesh out the token architecture for the company’s eco-stablecoin, created to address major global challenges including poverty and climate change.


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