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!!!wiki.include:businesstwin_intro
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# Business Twin
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Imagine a world where all your business partners have a legal_twin in a safe legal jurisdiction, you can do together transactions in all safety and simplicity, no complicated paper, money flows at a fraction of the cost today.
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- This official legal structure 100% represents you and can act on your behalf.
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- This is possible today but too cumbersome, we want to simplify this and make more cost effective.
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- Our aim is to make your legal twin seamless integrated with your digital_twin.
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- You use the hercules_browser to access your legal twin hosted elsewhere on the TFGrid in chosen jurisdiction.
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Such a business twin would cost 50-200 eur per month and would take care of
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- shareholder administrative tools.
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- billing & invoicing between companies (other business twins), 100% automatic, zero-paper.
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- deal with contractual relationships (using blockchain smart contracts).
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- your HR requirements, work with anyone in the world 100% seamless & transparant
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- work with digital currencies (over gateway)
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- legal tender for your official documents.
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- store your assets as gold or other valuable assets.
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- all your tax reporting requirements.
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> Basically you would be able to run a full blown business in all safety, 100% regulated for < 100 eur per month. <BR>
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> Independent from where you physically live. <BR>
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> Our aim is to automate all your business processes as much as we can.
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## Benefits
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- cost savings
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- time savings
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- simplicity
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- transparant
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- 100% legalized & trustworthy
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- automated
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> don't lose your time on boring admin/money business items
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## Its a viral idea.
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Its in the best interest for every business twin owner to convince other people to do the same
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- every shareholder of yours can get their own legal_twin
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- every business partner of yours can get their own legal_twin and as such life becomes more simple for everyone
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- ideal backend structure for Security Token Offerings (because all would stay in legal sandbox)
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- easier blockchain based escrow services
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> By convincing your friends, business partners to join your life becomes much more simple & secure.
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## Future
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- There is an option to buy a structure in Mauritius which allows us to create hundreds of thousands of legal entities fully regulated.
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- The structure has already 1m USD recurring revenue.
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- Next to owning this structure (or at least have majority shareholding) the plan is the further develop on the technical platform.
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- Investment need 5m EUR.
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```charty
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{
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"title": "Profile",
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"config": {
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"type": "rating",
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"labels": true,
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"numbers": true,
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"groups": 5
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},
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"data": [
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{ "label": "High Tech", "value": 3 },
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{ "label": "Sustainability", "value": 2 },
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{ "label": "Product Ready", "value": 3 },
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{ "label": "Market Traction", "value": 0 },
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{ "label": "Sales Focus", "value": 0 },
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{ "label": "End User Focus", "value": 2 },
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{ "label": "Future Value", "value": 5 }
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]
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}
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```
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## Business model
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- 50-200 eur per entity
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- aim is to have hundreds of thousands of companies registered like this
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- 100.000 companies -> 80 eur average = +- 100 million USD recurring revenu
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!!!alias business_twin
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!!!wiki.include:tsc:twin_projects
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_archive/possibleecosystem/businesstwin/img/business_twin_.jpg
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_archive/possibleecosystem/businesstwin/img/business_twin_.jpg
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