Today, there are less than 15% of people who have not applied to banks for a loan at least once. And banks in turn offer the most various programs of crediting to the population. Credit companies are ready to provide the population with the following types of loans:
-consumer loan;
-credit for the purchase of a motor vehicle;
-cash loan for the purchase of residential real estate;
-express credit.
In order to become a client of a financial institution, it is necessary to comply with a variety of conditions. If earlier, to obtain a loan, it was necessary to simply apply to the Bank, then to date, the procedure for applying for a loan involves a lot of things.
But banks today maintain rather strict requirements to potential borrowers and prefer to work with the checked clients, offering them large credits in cash and credit cards. In order to become a holder of a loan, in addition to the desire, in most cases it is necessary to have a stable salary, not to have delays on loans, as well as to meet a variety of other criteria. A loan is not only an opportunity, but also an obligation that must be fulfilled regardless of the borrower's financial position, and regardless of the lender's position.
Also, a large number simply do not have access to financial services, including credit, there are about 2 billion people on earth. Imagine how many small and medium-sized businesses because of this simply can not start their development, and now the banks, the state subsidizes in a very small part and those who have all the rights to it( about 20% of the required amount).
But this issue is taken to solve the project Lendingblock, which I will tell you a little bit. Read carefully, my friends!
This company creates a centralized lending platform in the cryptocurrency world directly between the participants, without any intermediaries in the form of banking and electronic payment systems, more acceptable interest rates are carried out through smart contracts.
If you are not familiar with how smart contracts work, I will explain to you: with the help of this technology, you can transfer money, provide services and receive goods, that is, they are the most convenient automated form of interaction without intermediaries. That is, you can exchange money, shares and other assets, transfer ownership or order any service without the participation of intermediaries.
they allow you to simply pay from your cryptocurrency account and receive a contract, document or service stored in your account. At the same time, smart contracts not only contain information about the obligations of the parties and penalties for their violations, but also automatically ensure compliance with all the terms of the agreement.
That is, in a digital contract, the asset or currency is transferred to a program that itself monitors compliance with the terms set in the contract. At some point, the program confirms that the terms of the contract are fulfilled and automatically determines what it needs to do next-to transfer the asset to one of the participants in the transaction or return it to another.
Lengingblock will give you the opportunity to diversify your portfolio, many small and medium-sized businesses will be ready to seek help from such a platform, you can create an additional source of income. I have, for example, about 100 different cryptocurrencies and I will be happy to lend and receive interest from them. You can get a double win: since the digital money market is now at an early stage of development, the cost of real tokens, supported by activities, will grow.
Honest ratings of borrowers will be compiled, which will allow them to choose more reliably and possibly increase the amount of loans. It is planned to create a convenient mobile application, integration into various websites, that is, to simplify access for ordinary people and for financial institutions. This ecosystem will allow the cryptocurrency economy to develop at a rapid pace, to increase the supply sector in the financial services market, and to connect offline businesses.
Token sale is held until April 22, 2018 and for those who buy them, you can get beneficial advantages in the form of lower interest rates on loans, lower fees. See the picture below for details.
More information you can find on these links:
Website: http://lendingblock.com
Bitcointalk thread: https://bitcointalk.org/index.php?topic=3109951.0
Twitter: https://twitter.com/lendingblock
Facebook: https://www.facebook.com/lendingblock/
Reddit: https://www.reddit.com/r/Lendingblock/
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1184171