INTRODUCTION
Lending on the blockchain has never been so Interesting as what it is appearing to be now. BITBOND is introducing its new approach to the activity and is ready to release infrastructures to that end such that people can have a dependable body or structure that is able to give them loans without all of those struggles in the existing system when they seek loans. This platform will make them follow some basic patterns and the plans made by the STO with all the criterias made available. Also funds will be made available for all establishment and bodies with moderate charges and full transparency or support will be given to the users. This is how this platform chooses to introduce the new loaning strategy with lesser charges without the ICO but the STO.
THE STRUCTURE OF BITBOND
The use of the STO is more advantageous than the ICO is in so many ways as loan is concerned. There is full regulations when STO is involved together with a high level of transparency between the lender and borrower. Using STO helps that platform to grow rapidly, there is a faster growth with this than ICO and the trend stays a longer time than the other type. It will difficult for scammers to work or thrive with the STO unlike what happens with the ICO. Also, loaners and borrowers are presented with sp many choices to make without any intention of scam and they also have a straightforward speculation, eliminating the other types.
HOW HELPFUL IT IS TO PEOPLE
Many businesses and private companies might be in need of loans that they wish to acquire in the ledger chain. What bitbond does is to make the borrowers make such request and they send the request to the lenders in the platform. When that is done, the interested lenders gives the loan to those requesting and then attach his own rate. Although when this is done, some documents might be needed, in such cases the documents are presented and transactions are made from one bank to the other that receives the loan then business transaction are completed that way. Thw infrastructures in this case are used well, the issuers of the loans also are allowed to have an account in the system where they can invest their money on loans and have greater returns. The borrowers and lenders in the system are able to relate well with the agreements they make. It can be a written contract such that borrowers can be monitored and loaners don't have issues after they have issued the loans.
Now the lenders don't only get to issue to the borrowers only, they will also have the opportunity to lend to the project as well and not just to borrowers in the ecosystem. This is however done with interest rates on it too which might ve varying or fixed depending on the lenders.
THE UNIQUENESS
BITBOND functions with no intermediaries in the flow of the operations and that saves the peopy from being charged in excess because instead of the intermediaries, smartcontracts are made to be in charge of the process and that makes the entire process very safe and less expensive for the lenders and borrowers in the community. Now that makes a p2p transaction available and also the people have the advantage of using the wallet for all the transactions.
Also, the platform express easy programming. Its activities can be programmed such as both the simple and complex functions can be done automatically when the users solicit for them. Activities like payments can be done this way.
BITBOND helps to overcome all forms of risk in the system and makes Bitcoin lending another feature thus giving many options to the borrowers as long as they are cool with the little interest rate. This platform will be used in so many countries of the world which means that borrowers can come from any part of the world and they can be satisfied with the money they requested for. Worthy lenders and borrowers get to flow well in this platform and investment done will be meaningful.
CONCLUSION
This how the loaning structure or system will be revamped effortlessly with the application of bitbond principles. All the Investors in the DLT will find this approach useful and beneficial to them and the need for funds will be satisfied.
USEFUL LINKS
STO Sign Up: https://www.bitbondsto.com/?a=CAUMLQ
Light Paper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5130337.0
Twitter: https://twitter.com/bitbond
Facebook: https://www.facebook.com/Bitbond/
Telegram: https://t.me/BitbondSTOen
Youtube: https://www.youtube.com/user/Bitbond
#bitbond #bitbondsto #tokensale
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759
Bitbond Affiliate: https://www.bitbondsto.com/?a=CAUMLQ