I was thinking of a way to set up anchors in my Jurisdiction and several ideas came to my mind which i hope can do the job right via stellar layer. So, let me know of your ideas on how you see this model to function properly.
1. Open an Exchange office which can offer better services (exchange rates) than existing overall on the market. Still thinking how stellar can integrate into it. To operate an exchange office in my country i need around 25600 USD.
2. Open a private Pension Fund (a private one) which would offer better services, more transparency, still don't know what exactly it would do, but i think soon we'll have many opened and they would need a backbone layer like stellar to operate efficiently.
3. Insurance company - again, a financial institution, collecting fiat contributions and issuing obligations. don't know yet how much the license would cost.
4. Notary service. Again will check the cost of opening one
5. Savings and credit association. That's a long story, will develop it later.
The first four can be linked into one limited liability company, and licenses are purchased for each separate activity. This is for those who think to start anchors from scratch. Further we can use the short word Company which embraces the first 4 businesses.
... that's for the start
now i have several questions
1. my Company, as a registered LTD can open bank accounts. Say it opens a bank account in another jurisdiction, say in UK, a financially opened and democratic economy. Admit for a minute, there is a person (man/woman) working in the UK and wanting to send money to my Jurisdiction. He/she would probably need to deposit the money in my Company's UK bank account, and receive money, at will, in my Jurisdiction. The money can stay deposited in my Company's UK account until he/she wants to redeem them in my Jurisdiction and have them recorded in stellar? If he/she would like to use his/her money to buy services from Uber or/and Airb'n'b, how the later gets the money from my Company? Please come with comments and solutions.
