In modern world like nowadays, the world has become a place with full of technologies. Internet has erased the gap between people and countries. To some extent, the internet brought freedom and equality but somehow the world is still full of obstacles and limitations.
Now, many people become more and more familiar with the technology of blockchain. It is a kind of technology which the authenticity of data are vital because its availability and consistency. It also filled the crowdfunding’s evolution platforms of fundraising to make them more accessible and efficient.
What is blockchain?
Blockchain is actually a type of ledger distribution or database decentralized where records of digital transaction are stored. All database nodes (instances) are linked to each other through Internet. In real time, data is synchronized between nodes and it can be seen by anyone who are connected within the network. After the process of each digital transaction, it is categorized and grouped with other process of transaction at a time in encrypted block cryptographically. The block is then validated or signed cryptographically and added to the technology of blockchain.
The main advantage of this technology is that all blocks are connected to the previous blocks which after that performing a chain. Therefore, a chain contains the whole history of transaction from the beginning (genesis) block to the end of the block. It gives every member advantages to show who owns certain thing at certain time.
The statement of mission of Tokenland
Tokenland is a platform to provide fiat haven safely for people’s crypto funds. That’s why they have plan in creating a blockchain which is powered by lending platform. They strive to help more people across the world to find opportunities and make profits by lending funds with less hassles and risks. They believe that by using technology of blockchain, they can make the process of lending cheaper and easier without getting involved in a system of conventional bank services.
The solution from Tokenlend
Tokenland gets the idea which is the result from a culmination of their experience in investing as well as their software development vast experience. Tokenland has goal to build a reliable and robust ecosystem which provides a full service of fund lending for all parties that involved. It will also offer many people from different countries around the world a possibility to invest in real estate. People will not get worried to invest online since Tokenlad has high secured loan. The interest rates are also competitive from many kinds of assets of crypto in fiat value like USD and EUR.
This platform will have a list of chosen selected and pre-checked of secured loans that are available for investment. You should remember that, Tokenland will accept loans only from trusted originators of EU loan. The presence of entity’s legal as a counter party will allow many people to take important measures in advance to get payments by the lender. After that, they can mitigate the risk of default.
The personnel of Tokenland will re-check and validate information that has been received by the originator’s loan as well as the personal details, appraisal, pledge information, and LTV ration from the borrowers. Loans will only be listed on the platform if they meet the criteria of Tokenland’s stringent loan.
The platform of Tokenlend
Each LPN or Loan Participation note represents loan with the smallest indivisible with 10 EUR for the value. Users can invest into a certain loan by buying any number which is available in LPN’s with crypto funds or fiat (including tokens of TLN) from their account balance’s platform. Holders of token will need to possess at least 5 TLN on account balance to buy LPN according to Tokenlend calculation.
The market of LPN will allow people to trade their LPNs from each other as long as they are registered users. It is not obligatory for them to sell at the original principal price of LPN because they are able to submit orders of selling for certain LPNs in the price they have set in TLN or Euro as long as LPN was created with tokens.
More Info :
Website : https://tokenlend.io/
Telegram : https://t.me/tokenlend
Twitter : https://twitter.com/Tokenlend_news
Facebook : https://www.facebook.com/tokenlend/
ANN : https://bitcointalk.org/index.php?topic=2548329