Risk Warning!

All the article is my own opinion and research. since all kind of investment is subject to market risk so before investment do your own research. No one will responsible for your profit or loss.

Currently, blockchain technology working with every traditional financing methods to make it more scalable for user around the world. For instance, Humaniq a project for unbanked people, Menapay a project for the MENA region for a p2p business transaction, Salt is a startup with a vision of p2p lending in crypto and, there are so many p2p crypto lenders in the blockchain industries. But when it comes to finding lenders for a business it little hard to find an investor/lender who can lend a huge amount of money to a needy business owner. And a person with a small amount of money can't fund any business even if he wants to earn some interest in his small fund.

Introducing "BItbond" a Germany based company who makes business lending around 120 countries in the world.
Let's discuss problems and their solutions by Bitbond.

Problem no.1- It is very hard to find an investor for business and startups and some time traditional banks also deny lending startups and business.
Solution- Bitbond connects lenders or investors to a needy business owner or startups globally. Hence lender can earn a good ROI of his investment and business also grow its way.

Problem no.2- An investor with a small amount of money can't take advantage of business lending.
Solution- No matter what whether you are a big or small investor you can easily fund any business and earn ROI of your investment.

How Bitbond Work

Bitbond vets the borrower simply as a bank would yet, in addition, utilizes AI to check their internet-based life accounts, they're linkedIn, Facebook and Twitter profile or Credit card or Paypal history. You can pick what venture or what individual you need to put your cash in or choose auto-contribute and let Bitbond pick a few open doors that fit your hazard profile. You can likewise check whether the borrowers have been staying aware of their advance installments. Credits on Bitbond have terms between about a month and a half and 5 years.

Because of low loan costs, putting your cash in a bank account will result in you losing cash. Bank accounts commonly pay as meager as of 0.8% normal rate yield (APY). There are other fixed-pay speculations that give a generously higher yield and you ought to incorporate them in your venture methodology. On Bitbond you can make a normal 13% APY on a comprehensively differentiated arrangement of independent company advances. The distinction this can make in your income is tremendous. Suppose you set $1,000 aside. This is the thing that you will procure in enthusiasm following 3 years.

What Bitbond will do if the borrower defaults on the loan?

If an installment of a loan is late for over 90 days then the advance is in default. The cases on every single extraordinary installment will be passed to an obligation accumulation office. This has various negative monetary and legitimate ramifications on the borrower. Particularly the capacity to close new contracts like a cell phone plan or a vehicle rent become incomprehensible because of the accumulation. Sums that are gathered from the borrower will be paid to the banks after derivation of accumulation costs. As should be obvious the hazard far not as much as when you put resources into some HYIP that can keep running off with your cash whenever. I encourage to broaden and spread your hazard over numerous undertakings and individuals as the base sum for credit is 0.01 Bitcoin, along these lines you spread your hazard considerably more.

Conclusion

This a very great project in my point of view because this will generate passive income sources for every person and after getting loan business also grow and more and more.

For more information connect to BItbond

Website- https://www.bitbondsto.com/?a=CDVJSW
Twitter : https://twitter.com/bitbond
Telegram : https://t.me/BitbondSTOen
Bitcointalk: https://bitcointalk.org/index.php?topic=5130337.0
Youtube : https://www.youtube.com/user/Bitbond

Bitcointalk username: jiten12344321
BItcointalk: https://bitcointalk.org/index.php?action=profile;u=1441342
ETH: 0xbdD1f11346bbe039EF6B32B30edFba9164A1fBf1