The Deal Coin - P2P blockchain lending platform

in #blockchain6 years ago (edited)

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The complexity of lending and high interest rates are among the main factors that cripple small and medium-sized businesses development. There is a huge number of enterprises that need financial support, but do not have access to it.
The Deal Coin is a blockchain lending platform that will allow small and medium-sized businesses to bypass all obstacles that exist in the current credit system.

According to the developers, there are a number of problems that require solution:

  • High interest rates. In some banks interest rates on loans may reach 30%, which is very disadvantageous for business.
  • High refusal rate. Only a few companies can get a loan, because to do this the founder must complete a huge pile of paperwork, and the company itself must meet certain requirements, that are not always reasonable.
  • Geographical limitations. If you operate on the country's territory , not being its citizen , then banks will not give you a loan.
  • Long delays. Sometimes it takes weeks or even months to get a loan, which is simply not acceptable in a highly competitive environment.

The Deal Coin platform opens new horizons for business representatives, allowing to exclude all the shortcomings of the current credit system described above. It is a P2P-platform, connecting investors and companies in need of financial assistance. The main advantages of The Deal Coin include:

  • Security and honesty. Due to blockchain technology and smart contracts, each deal will take place without third-party intermediaries and in strict accordance with the terms agreed.
  • Convenience. To get money, you do not have to spend a lot of time in banks and mess with a bunch of paperwork - it's enough to have access to the Internet and to have your own account on The Deal Coin platform.
  • Profitability. Interest rates on The Deal Coin platform will be minimal, so you will be able to use funds as efficiently as possible to develop your own business.

The project will issue 2 types of tokens - Deal and Deal Coin. They will have a different purpose:

  • Deal - token which will be used exclusively for internal operations and payments. Deal is a stablecoin and is tied to the rate of pounds sterling in the 1: 1 ratio.
  • Deal Coin - token which can be traded on exchanges and exchanged for Deal for use on the platform.

The exchange of Deal Coin for Deal will be carried out on more favorable terms than exchange of other cryptocurrencies. Such a structure allows to ensure lesser volatility and to stimulate the growth of the coin price.

At the moment you can buy The Deal Coin tokens with a 10% bonus, so register on WEBSITE right now and get coins on the most favorable terms.

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