INSPEER - A Peer-to-peer lending service that works with Cryptocurrency and Fiat - page 23.

RadekG

hero member

Activity: 924

Merit: 500

Quote from: Inspeer.io on October 31, 2017, 10:51:02 PM

The CME Group, the world’s largest derivatives exchange, has announced that it intends to launch bitcoin futures during the fourth quarter of 2017.

Chicago-based CME Group made the announcement on Tuesday, explaining that the futures will be cash-settled based on the CME CF Bitcoin Reference Rate, a bitcoin price index it launched last year in partnership with U.K. firm Crypto Facilities.

Wow Sounds very cool!

kolinko

full member

Activity: 518

Merit: 101

Quote from: skovbitcoin on October 31, 2017, 07:56:52 PM

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

This is an excellent idea! The world's largest crypto-currencies already use plastic cards, and the introduction of cards into your project could bring it to a new level!

dedmaroz

sr. member

Activity: 560

Merit: 255

Quote from: Groc on November 01, 2017, 04:44:17 PM

Quote from: 23coins on November 01, 2017, 04:37:18 PM

I'm most interested in the question of how the creditworthiness of the user will be determined. What criteria will be taken into account? Surely the service will not have access to the banking system, so the platform needs to develop its own algorithm for evaluating customers.

Integration of the solution into the banking system is a difficult task, but it is feasible. It seems to me that at this time it is not realistic to assess the client without the involvement of banking information. The service needs to cooperate with banks, otherwise the venture may be unsuccessful.

User analysis algorithms already exist, as far as I know. Such mechanisms already use Micro Money. By the way, what are you fundamentally different from this service?

Seidr

full member

Activity: 350

Merit: 107

I really like the idea, and its success lies in the very structure of the enterprise. Loans to individuals will be issued in tokens, which will need to be exchanged, and this guarantees a high demand. It seems to me, this is absolutely amazing service.

Groc

sr. member

Activity: 560

Merit: 250

Bounty manager (https://t.me/Gudwinn)

Quote from: 23coins on November 01, 2017, 04:37:18 PM

I'm most interested in the question of how the creditworthiness of the user will be determined. What criteria will be taken into account? Surely the service will not have access to the banking system, so the platform needs to develop its own algorithm for evaluating customers.

Integration of the solution into the banking system is a difficult task, but it is feasible. It seems to me that at this time it is not realistic to assess the client without the involvement of banking information. The service needs to cooperate with banks, otherwise the venture may be unsuccessful.

23coins

sr. member

Activity: 434

Merit: 250

I'm most interested in the question of how the creditworthiness of the user will be determined. What criteria will be taken into account? Surely the service will not have access to the banking system, so the platform needs to develop its own algorithm for evaluating customers.

Inspeer.io

member

Activity: 98

Merit: 10

The CME Group, the world’s largest derivatives exchange, has announced that it intends to launch bitcoin futures during the fourth quarter of 2017.

Chicago-based CME Group made the announcement on Tuesday, explaining that the futures will be cash-settled based on the CME CF Bitcoin Reference Rate, a bitcoin price index it launched last year in partnership with U.K. firm Crypto Facilities.

Inspeer.io

member

Activity: 98

Merit: 10

Quote from: skovbitcoin on October 31, 2017, 08:18:23 PM

Quote from: RadekG on October 31, 2017, 08:11:00 PM

Quote from: skovbitcoin on October 31, 2017, 08:06:55 PM

Quote from: RadekG on October 31, 2017, 07:59:57 PM

Quote from: skovbitcoin on October 31, 2017, 07:56:52 PM

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

Well, I suppose, to repay loans, as in conventional banks.
Or a credit card, the same as that issued in ordinary banks, but only on other terms.

So, what is next? Will this be an ordinary card? Which ATMs will support this card, which payment system will be integrated? I do not understand how this will work, I did not find any information about it.

Not the fact that it will be a plastic card, maybe it will be a virtual card.
That is, there will be no need for any ATMs.

Well, yes, most likely it will work this way.
I like this idea

This depends on ICO results. Firstly we will issue virtual cards. Ater this we will issue plastic cards with a credit limit for regular customers. Check our Roadmap and White Paper for more information Wink

Inspeer.io

member

Activity: 98

Merit: 10

Quote from: g2com on October 31, 2017, 06:57:27 PM

Quote from: lordmick on October 31, 2017, 06:20:30 PM

Quote from: g2com on October 31, 2017, 06:14:29 PM

Quote from: lordmick on October 31, 2017, 06:08:32 PM

Quote from: g2com on October 31, 2017, 06:02:35 PM

Quote from: lordmick on October 31, 2017, 05:57:54 PM

Is this the first such project in Russia or does it have competitors?

Well, depending on what exactly do you mean? Competitors in which sense?

I mean this is the first similar project of P2P lending in the territory of Russia, or are there competitors in this area, how successfully have these projects proved successful? Is the market ready for such a product?

No, this is not the first such project in Russia, there have already been similar projects, but they have not become successful.

If other similar projects were a failure, then why should Inspeer be successful? What is its exceptional feature?

But this project is much more interesting than its competitors, so that it is adapted to work not only with fiat money but also with crypto currency. All transactions are guaranteed and work thanks to smart contracts, it's reliable and convenient. In the same way, financing through ICO also brings its advantages.

Currently Inspeer successfully operates as a micro-lending online platform in Russia under LightFin.ru brand. We've built an efficient scoring system, and developed loan distribution pipelines. From the very beginning Inspeer will provide loans in cryptocurrencies alongside with fiat. With InsCore and OLAF Anti-fraud system we will cut down all possible risks for the benefit of our customers. That's why our project will work successfully. Also we have already presented first prototype which you can check on our facebook or telegram.
Join us : https://t.me/Inspeer_io

g2com

sr. member

Activity: 364

Merit: 255

Quote from: elrugrim on October 31, 2017, 08:15:11 PM

Quote from: g2com on October 31, 2017, 08:05:23 PM

Quote from: elrugrim on October 31, 2017, 08:00:38 PM

Quote from: g2com on October 31, 2017, 07:55:40 PM

Quote from: elrugrim on October 31, 2017, 07:53:53 PM

I understand correctly that anybody can get a loan? Huh

Of course there is no LOL Cheesy

Before giving you a loan, the system will carefully check your solvency, your crocheted history, etc.
Here, as in an ordinary bank, you first need to undergo a certain test.

And in what way will this happen?
Will there be a staff of specially trained staff or what?

Of course not. Cheesy

A special program will deal with scoring (called InsCore). Based on machine learning. It will take into account many parameters and do it much faster than any ordinary employee of the bank.
In fact, they co-exist with very steep partners (Scorista)

Wow...
It sounds very inescapable, I would like to see how it works, and learn more details

I think the details will be a little later.
Closer to project release

skovbitcoin

full member

Activity: 532

Merit: 100

Quote from: RadekG on October 31, 2017, 08:11:00 PM

Quote from: skovbitcoin on October 31, 2017, 08:06:55 PM

Quote from: RadekG on October 31, 2017, 07:59:57 PM

Quote from: skovbitcoin on October 31, 2017, 07:56:52 PM

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

Well, I suppose, to repay loans, as in conventional banks.
Or a credit card, the same as that issued in ordinary banks, but only on other terms.

So, what is next? Will this be an ordinary card? Which ATMs will support this card, which payment system will be integrated? I do not understand how this will work, I did not find any information about it.

Not the fact that it will be a plastic card, maybe it will be a virtual card.
That is, there will be no need for any ATMs.

Well, yes, most likely it will work this way.
I like this idea

elrugrim

sr. member

Activity: 686

Merit: 251

Quote from: g2com on October 31, 2017, 08:05:23 PM

Quote from: elrugrim on October 31, 2017, 08:00:38 PM

Quote from: g2com on October 31, 2017, 07:55:40 PM

Quote from: elrugrim on October 31, 2017, 07:53:53 PM

I understand correctly that anybody can get a loan? Huh

Of course there is no LOL Cheesy

Before giving you a loan, the system will carefully check your solvency, your crocheted history, etc.
Here, as in an ordinary bank, you first need to undergo a certain test.

And in what way will this happen?
Will there be a staff of specially trained staff or what?

Of course not. Cheesy

A special program will deal with scoring (called InsCore). Based on machine learning. It will take into account many parameters and do it much faster than any ordinary employee of the bank.
In fact, they co-exist with very steep partners (Scorista)

Wow...
It sounds very inescapable, I would like to see how it works, and learn more details

RadekG

hero member

Activity: 924

Merit: 500

Quote from: skovbitcoin on October 31, 2017, 08:06:55 PM

Quote from: RadekG on October 31, 2017, 07:59:57 PM

Quote from: skovbitcoin on October 31, 2017, 07:56:52 PM

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

Well, I suppose, to repay loans, as in conventional banks.
Or a credit card, the same as that issued in ordinary banks, but only on other terms.

So, what is next? Will this be an ordinary card? Which ATMs will support this card, which payment system will be integrated? I do not understand how this will work, I did not find any information about it.

Not the fact that it will be a plastic card, maybe it will be a virtual card.
That is, there will be no need for any ATMs.

skovbitcoin

full member

Activity: 532

Merit: 100

Quote from: RadekG on October 31, 2017, 07:59:57 PM

Quote from: skovbitcoin on October 31, 2017, 07:56:52 PM

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

Well, I suppose, to repay loans, as in conventional banks.
Or a credit card, the same as that issued in ordinary banks, but only on other terms.

So, what is next? Will this be an ordinary card? Which ATMs will support this card, which payment system will be integrated? I do not understand how this will work, I did not find any information about it.

g2com

sr. member

Activity: 364

Merit: 255

Quote from: elrugrim on October 31, 2017, 08:00:38 PM

Quote from: g2com on October 31, 2017, 07:55:40 PM

Quote from: elrugrim on October 31, 2017, 07:53:53 PM

I understand correctly that anybody can get a loan? Huh

Of course there is no LOL Cheesy

Before giving you a loan, the system will carefully check your solvency, your crocheted history, etc.
Here, as in an ordinary bank, you first need to undergo a certain test.

And in what way will this happen?
Will there be a staff of specially trained staff or what?

Of course not. Cheesy

A special program will deal with scoring (called InsCore). Based on machine learning. It will take into account many parameters and do it much faster than any ordinary employee of the bank.
In fact, they co-exist with very steep partners (Scorista)

elrugrim

sr. member

Activity: 686

Merit: 251

Quote from: g2com on October 31, 2017, 07:55:40 PM

Quote from: elrugrim on October 31, 2017, 07:53:53 PM

I understand correctly that anybody can get a loan? Huh

Of course there is no LOL Cheesy

Before giving you a loan, the system will carefully check your solvency, your crocheted history, etc.
Here, as in an ordinary bank, you first need to undergo a certain test.

And in what way will this happen?
Will there be a staff of specially trained staff or what?

RadekG

hero member

Activity: 924

Merit: 500

Quote from: skovbitcoin on October 31, 2017, 07:56:52 PM

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

Well, I suppose, to repay loans, as in conventional banks.
Or a credit card, the same as that issued in ordinary banks, but only on other terms.

skovbitcoin

full member

Activity: 532

Merit: 100

In fact, I do not understand one thing. The developers say that they plan to produce their own plastic cards. But what are they for?

g2com

sr. member

Activity: 364

Merit: 255

Quote from: elrugrim on October 31, 2017, 07:53:53 PM

I understand correctly that anybody can get a loan? Huh

Of course there is no LOL Cheesy

Before giving you a loan, the system will carefully check your solvency, your crocheted history, etc.
Here, as in an ordinary bank, you first need to undergo a certain test.

elrugrim

sr. member

Activity: 686

Merit: 251

I understand correctly that anybody can get a loan? Huh

Topic: INSPEER - A Peer-to-peer lending service that works with Cryptocurrency and Fiat - page 23. (Read 22023 times)