Digitizing the Lending Industry Through Blockchain Technology (PNGME).
The digital age also has allowed for more global connectedness and communication across borders has gotten a lot easier (and more efficient). The online component of P2P lending services allows for investing and borrowing across borders, which is a draw for many looking to expand their reach. A streamlined user-friendly interface is also an important factor to younger generations, as it’s becoming the norm (and is practically expected). Tech-driven services also tend to be optimized, easier, and more efficient for the needs of young people.
With the advent of blockchain technology things are becoming more simplified unlike the way we used to handle and carry out transactions few years ago, blockchain has made it possible to effectively carry out cross borders payments/transaction without the need to a third-party or middleman ( traditional financial institutions).
PNGME is using the advanced blockchain technology to render a lending service to global business owners, individuals, organizations etc.
About PNGME
Pngme is global lending platform that gives institutional investors access to an alternative
lending asset class. Using blockchain technology, decentralized rate setting algorithms, and
digital credit scoring, Pngme creates an open and transparent lending platform where borrowers
can obtain low-cost capital and investors can access alpha. Its offer it services to match borrowers with investors online, which allows for lower overhead and makes operations much cheaper than traditional financial institutions (such as banks).
The Out Standing Features of PNGME Platform
1.Pngme is a Ѕmаrt Соntrасt-Rеlіаblе аnd ѕесurе рlаtfоrm; Wіth thе help оf a ѕmаrt соntrасt ѕуѕtеm соmbіnеd wіth еlеmеntѕ оf traditional loans, PNGME uѕеrѕ wіll hаvе ассеѕѕ tо rеlіаblе аnd ѕесurе loan рrосеdurеѕ.
2.PNGME іѕ ԛuіtе a unique рrоduсt in thе bіtсоіn lеndіng mаrkеt. Thеу ѕееm muсh mоrе fосuѕеd оn еnѕurіng thе ԛuаlіtу оf bоrrоwеrѕ – whісh іѕ perhaps whу thеу аrе suffering frоm a rеlаtіvе lасk оf trаdіng vоlumе.
Web and Mobile Apps
The Web and mobile App is the gateway to the Pngme lending marketplace,user management, analytics, and portfolio tracking features.
The mobile wallet uses a custom React Native implementation of the BREAD wallet for security and performance. With two profiles for lenders and borrowers the Web app is designed to serve institutional partners and facilitate a power-user experience for the lending marketplace. While the mobile app is for deployment to businesses or individuals who need to create a credit score and are looking for a non-custodial mobile banking experience.
The platform will be developed in private label, white-, and grey-label versions for deployment in partner markets.
Benefits of Using Pngme
With greater flexibility comes the opportunity for greater diversification. Every financial planner or investment advisor will stress the importance of a diversified portfolio, and we all know the age-old adage that tells us not to put all our eggs in one basket. True and appropriate diversification, of course, can be a bit tricky across multiple types of investments and multiple asset classes when you’re just starting out.
Using Pngme comes with some benefits, of which includes;
You can have access to low or fee-less mobile payments in your local fiat currency or digital currency as well.
You can easily create a daily spending account for your everyday life mobile payments.
You get to lend and borrow money on the platform at competitive interest rates on the loan marketplace.
There is an algorithmic credit score generated from a user’s mobile digital footprint.
You get to have your very own Pngme piggy bank account where you can earn interest on the money saved in it.
The platform allows you to earn Pngcoin rewards when you invite your friends and save Pngcoin.
Pngcoin
Pngcoin is a cryptocurrency based on the ethereum blockchain (i.e smart contracts) it's the native token of Pngme platform. Pngcoin is the primary mechanism the controls Pngme.
The Pngme Network of including the Pngme marketplace, web and mobile apps, will be operated by Messier 31 Inc, a C-Corporation incorporated in Delaware.
Token Details
Name: Pngcoin
Platform: Ethereum ERC-20
Symbol: PNG
Private sale price: $0.02
Capped supply: 1,192,258,185 PNG
Token Usage
Pngcoin will be used by;
Application Users: these are individuals cooperate organizations or business owners who uses Pngme platform and PngCoin to make payments, save money, and take out low-cost credit for their business.
Network Validators: These are cooperate entities that are to required to stake Pngcoin to participate as network validators and participate in the governance of the network. The Pngme Network will on-board an initial consortium of 10 network validators.
HOW YOU EARN REWARDS ON THE PLATFORM.
When you register for the platform’s score program, you get a free credit score.
You can also build credit by taking their credit survey.
You also get to earn rewards for signing up for early access.
When you invite your friends, you also get rewarded.
The more you build your credit score, the more coins you can earn, and the best part is that these pngcoins are redeemable for cash in the future.
Conclusion
The mission of Pngme is to build a marketplace for people that normally do business to have a quick access to loan, find a means to easily raise funds for startup business and enjoy financial support for their business.
For more information please follow the media links below
Website: https://pngme.com/
BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=5140127
Facebook: https://www.facebook.com/pngme
Twitter: https://twitter.com/pngmemobile
Reddit: https://www.reddit.com/r/pngme/
Telegram: https://t.me/pngmecommunity
Medium: https://medium.com/pngme
YouTube: https://www.youtube.com/channel/UCmUPIgu-xfdYijOS7eOwYyg
Instagram: https://www.instagram.com/
LinkedIn: https://www.linkedin.com/company/35697946
Published By Zalixo
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2110265