Tag: Lending

Crypto Lending Will Do More Good Than Traditional One

Unless you have been living under the rock, you will know crypto lending is thriving more than any other segment of the cryptosphere. Of course, there are apparent reasons for it because lending and borrowing is a direct consumer business. But, honestly, I am too surprised by its growth where companies like BlockFi, Celsius, YouHodler have issued loans worth billions of dollars. At first sight of crypto lending products in …
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Peer-To-Peer Pressure: Risks vs. Reward and a Changing Regulatory Landscape

Peer to peer lending also known as P2P is not a new phenomenon. People have always turned to their friends and family for financial assistance when caught between a rock and a hard place. It was either that or the cutthroat pawnshop owner or the shadowy lenders down a dark alley. Before the recession, many a person in need of a loan could comfortably approach a bank and get their …
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What Is SALT?

Lending over the blockchain is one of those innovative concepts which could become quite successful. SALT is one of the many companies looking to explore this business opportunity. Its goal is to let users hold onto their assets and still get their cash. What is SALT? SALT is a blockchain-based lending platform which lets anyone in the world leverage their blockchain assets. That collateral is then used to secure cash loans. This solution …
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What Is the Ripio Credit Network?

Many people view cryptocurrencies as a legitimate threat to traditional finance. Moreover, currencies such as Bitcoin offer financial services to people in underbanked regions. Ripio Credit Network wants to connect lenders and borrowers all over the world to establish a peer-to-peer global credit network. What does the Ripio Credit Network Provide? The Ripio Credit Network wants to offer a real global credit ecosystem which is more suitable than traditional solutions and even …
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