The process of applying for a mortgage in the traditional way is complicated work. Increased complications in the approval of mortgage acquisition are quite ironic. Getting your own home through a mortgage loan involves a legal agreement in which the bank lends money with interest, and guarantees loans with liens on purchased property (mortgage). This process is present until the total debt payment. Therefore, many data investigations and analyzes are usually involved, claiming significant time duration and other resources, as possible.
The ability to have a well-defined credit system complements your users and also ensures that transactions, operations, options and features are beneficial to users. This is what led to the Homelend blockchain platform. Platform to create a new mortgage housing system and create new ways, prospects and new opportunities in the market.
ABOUT HOMELEND PLATFORM
The Homelend blockchain platform is all about peer-to-peer loan systems for targeted homeowners as well as people who are currently tied to the current mortgage system.
Homelend hopes to reshape and create ways to access and own homes with little or no cost in general. The Homelend Platform is set to modernize the current mortgage system to be more functional, operationally effective, efficient and customer-centered.
The platform will be stronger and more godly in its operations. In addition, he will also expand the ability of people to borrow, in order to have a good home. It will be tailored to them and their lifestyle. Therefore, their lifestyle or pattern does not affect the repayment process of loans or loans offered by Homelend.
We Develop a Decentralized Mortgage Loan Platform, Peer-To-Peer Serves Two Purposes:
1.Modernizing the old-age mortgage loan system to be efficient, cost-effective and custom-centric.
2.Expand opportunities for home ownership for the new generation of borrowers, fulfill their different lifestyles and needs.
Advantages Of HOMELEND Platform
*** From manual & long changed to Efficient & Efficient.
By embedding the predetermined business logic into smart contracts, digitizing documentation and eliminating
unnecessary processes, Homelend will automatically carry out the end-to-end origination process, cutting it from 50
days to less than 20 days.
*** From Ambiguous & Clunky change to Transparent & User-Friendly.
Homelend aims to create a loan process that is not only smart, but also simple and fair. This will allow the borrower
to easily apply for a loan, track the status of their application at any time and interact directly with the mortgage
lender.
*** From the cost of intermediation changed to cost-effective & free-Middleman.
The persistence, security and transparency provided by DLT makes it possible to record transactions, including
loans, without banks acting as intermediaries. This will reduce costs for borrowers and lenders, while minimizing
the distance between them.
*** From Vulnerable & Unreliable changed to Trusted & Safe.
Centralization and paper-based processes are key factors behind the insecurities and vulnerabilities that
characterize the traditional mortgage industry. The unique characteristics of DLT and smart contracts allow
Homelend to provide a platform for people to transact large amounts of money in a trusted, transparent and safe
manner.
How does Homelend Platform work?
By utilizing distributed ledger (DLT) and smart contracts technologies, Homelend brings together individual borrowers and lenders on an end-to-end platform that simplifies and automates the entire process of mortgage origination.
HOMELEND Token (HMD)
The HMD token is the fuel that drives Homer's peer-to-peer lending platform. The main functionality is to provide access to the Homelend platform.
This utility token also plays an instrumental role in enabling fast, smooth, and easy-to-use workflows that are integrated and secure.
All tokens can be converted to and from HMD.
HMD Token
HMD tokens will be used to purchase services and pay fees on the Homelend platform. This token is based on the ERC-20 Ethereum standard. DMC Homelend AG was founded in Zug, Switzerland, aka 'Crypto Valley'. Initial Coin Offering (ICO) will be conducted based on Swiss regulatory guidelines and publications.
Homelend ICO pre-sale purchases are in progress!
SPECIFICATION
Symbols = HMD
Total Supply = 250,000,000
Standard = ERC-20
Face Value = 1 ETH = 1,600 HMD
Currency Received = BTC, ETH, USD
Softcap = US $ 5,000,000
Hardcap = US $ 30,000,000
TOKEN ALLOCATION
28% pre-sale
36% General sales
20% of the Reserve Fund
8% Advisor and Bounty Program
8% Founder
PROCEED USE
25% General Administration
40% Development
35% Marketing & Community Building
ROADMAP
The Homelend platform road map is detailed in the image below.
Team & Advisor
Executive Team
Developing Team
Advisory Board
For more information please visit here:
WEBSITE: https://homelend.io/
WHITEPAPER: https://homelend.io/files/Whitepaper.pdf
TWITTER: https://twitter.com/homelendhmd
FACEBOOK: https://www.facebook.com/HMDHomelend/
TELEGRAM: https://t.me/HomelendPlatform/
MEDIUM: https://medium.com/homelendblog
LINKEDIN: https://www.linkedin.com/company/18236177/
Reddit: https://www.reddit.com/r/Homelend/
ANN THREAD: https://bitcointalk.org/index.php?topic=3407541
Author: Gifar_Gofur
Bitcointalk Profile:
https://bitcointalk.org/index.php?action=profile;u=2219401