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Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more
Crypto-asset lending is a new type of Fintech business that is surfacing all over the world #EXPERT_TAKE Go to Source Powered by WPeMatico
A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded … Read more
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 … Read more
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 … Read more
A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking rural credit cooperatives to study and educate rural residents on cryptocurrency. Also read: Indians Look to … Read more
There are many different business opportunities in the world of cryptocurrency and blockchain. Decentralized lending is a business venture a lot of companies would like to explore. ETHLend is doing exactly that, as their secure financial marketplace for peer-to-peer lending using blockchain and smart contracts is being developed as we speak. It is evident there … Read more