HOMELEND: A DECENTRALISED MORTGAGE SYSTEM

What is Homelend?

Homelend is a decentralized platform that enables the next generation of home equity financing. Homelend provides an interface for direct interaction between borrowers, lenders and other parties involved in the mortgage value chain. In this way, mortgages allow crowdfunding with a peer-to-peer model with the security, transparency and automation of distributed ledger technology (DLT) and smart contracts.

Mortgages Are at the Core of Society
Having a home is one of the basic human needs - a need that most people can only afford if they borrow a mortgage from the bank. In the US alone, more than 8 million mortgage loans are granted every year.

AN ARCHEAN 31-INCH INDUSTRY TRYING FOR DISPLUPTION
The US mortgage market is estimated at $ 14 trillion and the global market is expected to reach $ 31 trillion by the end of 2018. Despite the central social and economic situation, the traditional mortgage credit system remains extremely primitive.

The system relies on lengthy and complex paper-based processes, involving a variety of intermediary processes that are both inefficient and costly for borrowers and lenders.
In addition, mortgage credit is largely unattainable for the new generation of young borrowers, with millions of creditworthy individuals not receiving home loans on the basis of outdated valuation criteria.
The existence of a mortgage loan, to compile smoothly, must follow a fair order. At a time when a buyer of the property applies for a loan, the actual closing of the mortgage loan and the transfer of the property from the seller to the buyer, a series of business processes will take place. The process is highly instrumental. There are three main objects, which make a loan that the first is to make possible the purchase of a property. Secondly, it can repay successfully by the borrower. And the last is to be able to recover to a case directly.
The Homelend Platform, its collection of information in a digital way. Even the data in the document must be transferred to a digital storage based on the distribution technology. The data is given to the user and double checks the verification of the provider's professional. Once an information is verified, a smart contract based on the power of algorithm by I & ML is automatically shown a credit of the borrower's application and if satisfied, the issue of approval of the mortgage loan application. It is important to underline that the mortgage is under writing, as the borrower's credit samples are not done by many, including the set of sophistication develops into the borrower's application. Then, based on the specific scenario of building the information that has been given. Smart contracts make a mortgage loan decide on approval. If the loan is approved, all conditions such as amount, rate of income, duration and so forth will be specified.
THE HOMELEND TOKEN (HMD)

The HMD token is the fuel for the homeland peer-to-peer lending platform. The main functionality is access to the Homeland platform. This utility token also plays a critical role in enabling a fast, smooth, and easy-to-use workflow that is consistent and secure.
All tokens can be converted to and from HMD.
specifications
Symbol ........................... ..HMD total
stock ............... .250.000. 000
standard ........................ ERC-20
nominal value .................. .. 1 ETH = 1,600 HMD
Adopted Currencies ... BTC, ETH, USD
Softcap ........................... ..US $ 5,000,000
Hardcap ........................... USD 30,000,000
Token Allotment
28% Presale36% Public Selling20% Reserve Fund8% Advisors and Bounty Program8% Founder
USE
25% General Administration40% Development35% Marketing & Community Building


For more Information Visit the HOMELEND link:
Website: https://homelend.io/
Whitepaper: https://homelend.io/files/Whitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=3407541
Facebook: https: // www.facebook.com/HMDHomelend/
Twitter: https://twitter.com/homelendhmd
Telegram: https://t.me/HomelendPlatform/
Author :Sherifat
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2157229;sa=forumProfile
ETHERUM ADDRESS: 0xFFC1c1cF6498369B063C781225fAAD58E77484Cb