Lendledger: Features and designations

Borrowers now have access to many lenders at competitive rates. Lenders now have access to an antecedently untapped market. Borrowers have the right to apportion and control their data in a secure manner. Open APIs standardize the system by decentralizing it. An ecosystem is built on trust from both the borrower and the lending perspective. A mundane platform that connects borrowers, lenders and data providers. A public Blockchain ledger makes all transactions transparent and safe.

All transactions are recorded in Blockchain with the unique identifier of the participant. So it builds a reputation of the borrower, the lender as well as the DP can visually perceive it all. All financial transactions are recorded in the accounting books.

All of the borrower's credit data is kept rigorously confidential and is only visible to intrigued parties. The system is open to everyone. Digital Asset Lending is the imprest code of the system. All encrypted data is verified for its authenticity and validity. It eliminates intermediaries and any central ascendancy. This system is inexpensive and transaction costs are low compared to centralized systems. A very simple interface that anyone can utilize and does not require technology expertise. A magnification opportunity for minute businesses.

The advantage of LendLedger:

The LendLedger Network offers the following advantages to its users Trust The utilization of blockchain technology has no desideratum for an intermediary so that each party has full control over their encrypted data and transactions. This makes the platform reliable. Whenever a contract is executed on a blockchain, the information is recorded in the public ledger. No central administrator needed. All authentication on blockchain is public and perpetual, sanctioning accountability.

Seamless:

This platform connects data providers, lenders and borrowers in a reputable building platform. Anyone from any location in the world can be a component of this ecosystem.

Crystal-clear:

The utilization of blockchain technology sanctions all transactions to be transparent to be publicly available on the blockchain while maintaining the confidentiality of the utilizer's identity and confidential data. In the event of a dispute, transactions and transfers can facilely be viewed on the general ledger.

Details of LendLedger:

Name of Token: BONUS

Accepted: ETH Unauthorized

States: Amalgamated States, Cumulated Kingdom and China

LendLedger was engendered at Arth Labs, an Indian company and the brainchild of Gautam Ivatury and Manish. Khera, the co-progenitors of the company. The vision is to transmute the current scenario of informal market lending and exploit antecedently untapped resources that were aforetime unseen through the ecosystem. It even aims to work in the rural and unmanaged sectors of the economy. The company has worked so far on over 400 cities in India and aims to cover more.

http://www.lendledger.io/
http://lendledger.io/images/LendLedger-Overview-Optimized.pdf
https://twitter.com/LendLedger
https://t.me/lendledger
https://bitcointalk.org/index.php?topic=4424652.0

BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2256022
ETH Address: 0x1f770746342Bbd9D5Ce433D97C531273f13E5980