Idea Napkin #2

Idea Napkin #2

1. You- I am Matthew Shim, I am attending the Heavener School of Business as a junior this year. I have been developing my skills and experiences in business by working part time since I was 17 years old at Publix. I have learned the basics of working and business cycles and now I am enhancing my experience and knowledge as a student at the University of Florida. My talents range from time management and accuracy skills that I learned from working in the pharmacy to communication and premier customer service skills that I learned from working in customer service. I am aspiring to develop a secure information system that I hope will be implemented around the world. I imagine it to become my career and take the place of all my time not including my personal time but maybe some of it.

2. What are you offering to customers? I am offering a secure and fast information system that will provide ease and security to customers needing to make transactions with their cryptocurrencies. This system will be efficient and strong enough to handle high volume trading in the event of price fluctuations. This system will be in complete compliance with the law and will enable firms and customers to deal with this new regulation worry free.

3. Who are you offering it to? I am offering this service to anyone. People with criminal records for money laundering will be exempt. This is primarily going to be used between firms, but it is a service that enables them to continue serving their customers. They are going to be ranging from age 18+. They have something in common and that is an investment in cryptocurrency.

4.Why do they care? They care because they want to keep trading. They care because it is in response to the anti-money laundering law. Ignoring this new law could land them in prison. They will appreciate the security and efficiency we will offer.

5. What are your core competencies? We are different because no one can replicate the unique skillset and experiences I have. They also do not have the advantage I have with the help of my software developer. My software developer has years of experience and already has started developing our first prototype of the system.

I believe that my idea fits together for the experience that my software developer and I have. Let me know if you see weaknesses in my plan. I am not able to explain the changes I made based on feedback because my first post never got any.