WAVERLY VENTURES
HAL DOCUMENTS
A DISRUPTIVE APPLICATION
Immensely Profitable
HAL – the IoT Financial – is the next paradigm shift in managing finances.
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This disruptive app increases a user’s wealth by incorporating Voice Recognition, Natural Language Processing, Hierarchical Algorithms, Artificial Neural Networks, and Blockchain Technology.
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HAL customizes itself as a user’s behavior is learned.
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Communications between HAL and users are by voice and text.
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Because financial knowledge is not a prerequisite, all users will become wealthier.
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HAL’s transactional capabilities allow users to buy POS items, make online purchases, transfer funds, and perform other financial transactions. Hence, making HAL sticky.
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Users can provide third parties, such as caregivers for retirees and cognitively disabled adults, limited or complete access to their HAL account.
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HAL makes personal financial apps – including Quicken and Mint – obsolete.
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Digitization makes HAL universally affordable; thereby, enabling this transformative app to be socially impactful as well as immensely profitable.
Financially Sophisticated User
Financially Inexperienced User
Elder Care Providers
Cognitively Impaired User
Please Note:
Many of the documents on WaverlyVentures.com were written befor Intuit discontinued Mint. While Mint no longer exists, several "wannabes" are still vying to take its place. Yet, because of the fundamental design flaws, none are likely to succeed.
HAL's Numbers
The two documents below demonstrate HAL’s profitability.
for the Investor Module
HAL will be developed in stages. Each stage will be a marketable product. And, these products will generate revenue that will finance succeeding stages. The first one is the Financially Sophisticated stage, i.e., Investor Module. (For additional information, see the Financially Sophisticated User Case Study.)
The Investor Module Spreadsheet identifies the amount needed to develop HAL’s first module. Development costs for succeeding modules will be self-financing.
Cognitively Impaired Module
The National Disability Institute (NDI) is interested in having HAL be developed for the disability community. NDI would expend resources in recommending HAL to those who are cognitively impaired. As part of the marketing arrangement, Waverly Ventures would reimburse NDI depending on the number of cognitively impaired HAL users.
The Cognitively Impaired Spreadsheet illustrates the profitability of HAL with respect to one module. And, while the number of potential cognitively impaired users is sizeable, this market niche is small compared to other segments such as the Financially Sophisticated, Financially Inexperienced, Elder Care, Self-Employed, Accountant, and Financial Advisor modules.