The Deal Coin Blockchain Lending Platform

in #cryptocurrency6 years ago

ip.bitcointalk.org.jpg

The next generation in decentralised lending platforms, combining blockchain expertise with real world financial experience . Our aim is to become a true disrupter in the marketplace, the platform of choice for millions of investors looking for a better deal and connecting them with businesses wanting quicker and fairer access to finance, regardless of location in the world.

Borrower & Investor
The borrower completes the application form via our Decentralised Application (DAPP), supplying additional information to ensure compliance with our KYC & AML policy.
The DAPP connects securely to the Deal Lending Solution Database (DSD), where the information supplied is processed and triggers a number of tasks awaiting verification.
Initially these requests will look to complete the following tasks;
• Asset verification and tokenization
• ensuring that the assets are valid and valued against the potential loan through our asset tokenization partners.
• Application/Contract underwriting
• Smart insurance ensuring that application and contract are protected.
• Identity Verification
• Confirmation of the KYC information supplied by the borrower.
• The DAPP has the capability to work with any number of partners both via blockchain or traditional API connection.
• Once all tasks are returned verified, the borrower is notified and their application is listed within the DSD and displayed via our DAPP for ease of use for the potential investors.
Users who intend to lend on the platform must initially complete the KYC information to participate within the DSD Ecosystem, once the information is confirmed as a verified task, the lenders have the ability to view and communicate with borrowers via the DSD.
Platform users connecting seamlessly with borrowers globally, are able to discuss rate or terms acceptable to both parties.

Funding Loan
Once the borrowers funding target is reached via a single or multiple lenders and terms are accepted, all information is collated and held within the DSD.
The Lender purchases The Deal Coin either initially from the Token Sale or later through any number of exchanges to use on the DSD platform and to initiate The Deal Coin Solution.
The Deal Coin Solution can combine a smart legal contract and smart insurance contract to offer a protected agreement, secured within the DSD and The Deal Coin blockchain protocols and protected by our blockchain cybersecurity shield.
This includes but is not limited to;
• Borrowers application
• Borrowers KYC Information
• Smart insurance policy
• Asset securitisation
• Credit referencing
• Lenders KYC information
• Agreed rate repayment frequency
• Terms of loan agreement
• Borrowers and lenders legal contract
• Arbitration process
• Debt collection provisions
• Loan value
The Deal Coins are then approved for release and converted to the loan recipient’s local currency of preference, the fiat value of the loan is recorded in The Deal Coin contract.

Administration & Repayment
The DSD then acts as the administrator of the loan, ensuring all terms of agreement, loans and interest are satisfied, having the ability to invoke any of the features included within The Deal Coin contracts, such as the smart insurance, arbitration process or debt collection provisions if the conditions of the agreement are not met.
The borrower, having reached the end of their agreement, must repay the original fiat value of the loan using The Deal Coin, this value is confirmed from the records stored within The Deal Coin contract at the commencement of the agreement.
The Deal Coins are then transferred through the DSD and combined with the original contract, the DSD adds an amendment, confirming the terms of the contract have been fulfilled before The Deal Coins are released to the lender or they can elect to leave the coins on the platform and redeploy with another opportunity.
This combination of blockchain technology, connectivity and global reach offers unparalleled advantages for both borrower and lender alike.

Why participate in the Deal Coin Solution?
The Deal Limited is a unique business, targeting the $13.2 Trillion global finance marketplace.
In 2018 a new company has been formed in Gibraltar to launch The Deal Coin platform across the world
We envisage in the near future all businesses connected through our supply chain will look to adopt and trade in The Deal Coin, building a financial eco-system that will grow exponentially through the adoption of the global community, Working Better, Together.
With your contribution in The Deal Coin [DLSD] Token Sale aim to succeed and pioneer the next level of peer to peer lending platform.

The Deal Coin Token Sale
We are raising funds via a Token Sale and allowing contributors to participate in advance of The Deal Coin being listed on the various exchanges.
Deal Coin Price – 1 Deal Coin [DLSD] = $0.10 US or equivalent BTC or ETH.
Method of payments accepted - Ripple, Ethereum, Bitcoin and Fiat Currency.
1,000,000,000 (1 Billion) of The Deal Coins will be produced
$5 million Soft Cap
$50 million Hard Cap
The Deal Coin is based on the new Ethereum ERC827 protocol, a blockchain-based distributed computing platform, all excess coins will be held in treasury for future growth.

ERC827 is one of the latest token standards and improvements to ERC20 on the Ethereum network. ERC827 is 100% compatible with ERC20
The token sale does not constitute an offer of securities or a promotion, invitation or solicitation for investment purposes.
The terms of the contribution are therefore not intended to be a financial services offering document or a prospectus. the token offering involves and relates to the development and use of experimental software and technologies that may not come to fruition or achieve the objectives specified in the white paper. The purchase of tokens represents a high risk to any contributor. Tokens do not represent equity, shares, units, royalties or rights to capital, profit or income in the network or software or in the entity that issues tokens or any other company or intellectual property associated with the network or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction.

For more information please visit
Website : https://thedealcoin.com/
Whitepaper : https://thedealcoin.com/wp-content/uploads/The-Deal-Coin-Whitepaper.pdf
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=3041085.0
Facebook : https://www.facebook.com/wefundanydealcom-949135491807193/
Twitter : https://twitter.com/wefundanydeal
Telegram Chat : https://t.me/thedealcoin

Author : https://bitcointalk.org/index.php?action=profile;u=1232458
Ether Address : 0x0aCf4053dFcF1b47770509a7d4d6DB5eAAe1846F

Sort:  

Get your post resteemed to 72,000 followers. Go here https://steemit.com/@a-a-a

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.030
BTC 62779.83
ETH 3443.62
USDT 1.00
SBD 2.50