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Topic: [ANN] 💥 LendLedger | Data-driven, Decentralized Lending 🌎 Powered by Stellar ⚡ - page 7. (Read 4246 times)

newbie
Activity: 157
Merit: 0
LendLedger Protocol is based on Stellar?
newbie
Activity: 54
Merit: 0
I'd like o see the alpha version or smth before investing
newbie
Activity: 41
Merit: 0
How are you going to connect the agents in the system?
newbie
Activity: 156
Merit: 0
Since you focus on giving money to those who need it and is able to pay back, it definitely may work just fine.
newbie
Activity: 46
Merit: 0
What are the basic requirements to become a lender in the system?
newbie
Activity: 37
Merit: 0
Why the informal loans don't switch to the formal sector?

That's a totally different market. Often people either don't want to or can't switch between them.
newbie
Activity: 149
Merit: 0
Getting an alternative financial history is very smart.
member
Activity: 177
Merit: 10
How are you implementing the Stellar protocol?
newbie
Activity: 120
Merit: 0
This is an awesome concept, connecting the investors and the people or company that need a lending for their business to grow.
LendLedger giving a way to build trust for people that hasn't done a lending before

What will be the interest rate here? Since there are high risks of not getting the payment, it must be rather high.
newbie
Activity: 60
Merit: 0
When will you be able to provide the first loans?
full member
Activity: 462
Merit: 101
LENDLEDGER is a project that can provide opportunities for small businesses with no credit history or traditional financial documents to borrow. Securing loans will enable LendLedger to "connect lenders with unregulated digital data and record all loan transactions" based on Blockchain technology. The basis and method of problem solving of the project made me feel very convincing!
full member
Activity: 234
Merit: 120
For me, the most important part here is that LendLedger has interesting options for every side in the lending process.
newbie
Activity: 142
Merit: 0
newbie
Activity: 70
Merit: 0
Where can I test the L-Data and L-Lend software?
sr. member
Activity: 616
Merit: 256
The purpose of this project are clearly explained in details with reasonable facts. Really promising, hoping this project takes off soon enough and achieve the aim of reaching the zenith. Great project and idea, I sincerely wish you good luck and success. I am glad that this project brings such a revolution. When the world develops, things get better.It is interesting to observe and be a part of such projects!
jr. member
Activity: 148
Merit: 3
Another fintech? At least has a new approach. Let's see how it goes.
newbie
Activity: 164
Merit: 0
newbie
Activity: 28
Merit: 0
Do you need any bank license for the project?
anyone can basically give money to another person. Bank license isn't so necessary in crypto market
newbie
Activity: 173
Merit: 0
What's the token utility? It is only to give as a loan?
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