The Deal Coin: smart lending to small and medium-sized businesses on the blockchain

How does new technologies and innovative ideas translate into practical ways of using it?
For government agencies or large companies this issue is solved quite simply: if a project benefits people and it is profitable, then financial structures allocate their assets for development and production.

Another thing is if the project is implemented by a small organization, small business, or small entrepreneur. It is not always possible to quickly resolve the issue of financing or lending on preferential terms. Typically, financial structures require liens, guarantees, and rather high interest which is almost impossible to repay in the near future.

The biggest problem with loans and financing is in developing countries. Banks and credit institutions are poorly developed and do not work with new startups.
In addition, the disparate financial system of different countries does not allow inexpensive investor's money to participate in the circulation and crediting of numerous potential borrowers from different regions of the world.

In addition to that, existing small businesses can not receive short-term financial assets, for example, on an urgent purchase or urgent payment of wages. The process of finding and processing such urgent loans from banks is usually prolonged for a long time which negates the usefulness of such a loan for the borrower.

There is a long-standing need for a solution to these problems, especially in some regions, so a promising project The Deal Coin was created. This project creates a platform for lending to small and medium-sized businesses.

The main task that the developers of The Deal Coin project are going to solve is to unite in a single system of potential creditors and to provide their services to small and medium-sized enterprises all over the world. Developers of the new platform have already created their large brokerage company, the motto which - "We finance any project".

The main innovation in the existing credit system will be the creation of a unified loan platform based on the blockchain technology. This will expand the system of financing to all regions of the world with effective security, transparency of work, and the absence of external influence and fraud.

The project involves covering a huge potential lending market. It is estimated at more than thirteen billion dollars today.
The Deal Coin project is ready to support any projects that are developed by small and medium-sized enterprises. In the future, the platform will become the main financial assistant for millions of investors who are ready to provide their accumulated funds for additional profit.

The Deal Coin platform will become a new financial economic model with administration and effective capital turnover. The usual, sluggish banking service structure will be eliminated, and introduced an automated loan scheme based on smart-contracts that will operate in real time between the participants in the platform.

The Deal Coin project will allow you to receive urgent inexpensive loans for business development in a short time. Percents will mainly be determined by the availability of assets and guarantees of enterprises, and without restrictions on location.
Any member of the system can issue a financial transaction only having a phone, an Internet connection, and an active account on the platform.

The use of smart-contracts and blockchain technology guarantees the safety of storage and use of assets of all participants, transparency and unchangeability of arrangements, full confidentiality. In addition, at any time there will be an opportunity to conduct an audit which will eliminate the possibility of hacking and fraud.

The Benefits of The Deal Coin

For Borrowers:

• Possibility at any time to receive a loan without applying to physical financial structures, without documents, without waiting for the approval of investors. In addition, the funds can be borrowed without large percentages at the option of the existing proposals.

For creditors:

• Everyone who has free assets can earn through investment in interesting projects provided on The Deal Coin platform.

How it works:

• An applicant for an asset receives an application in the DAPP application.
• DAPP checks the information in the database of The Deal Coin.
• There is a verification of the identity, then the application goes to the community wanting to invest.
• The contract is concluded with the consent, conditions are made.
• The terms of the contract are prescribed in a smart-contract.
• The applicant receives funds to his account in platform tokens.
• After the contract expires the borrower invests his account on the platform with a fiat and then return the debt using tokens.

The main task of The Deal Coin token (DLSD) is to act as the domestic currency of the platform or a means of payment between the participants.
Any loans will be issued and returned tokens. In order to avoid speculation tokens will be equated to a stable fiat currency (British pound).
In the future, DLSD tokens will be listed on external exchanges which will allow buying tokens cheaper.

The ICO began in March and will end in mid-May, 2018.
The company provided a bonus in percentage terms from the invested amount.
The price of the coin: 1 DLSD = $ 0.10 US or equivalent of BTC or ETH.
Total number of coins: 1 000 000 000.
Softcap: $ 5,000,000.
Hardcap: $ 50,000,000.
The method of payment is accepted - Ripple, Ethereum, Bitcoin and fiat.
The bonus will decrease with each round of sales.

To learn more about the details of this project as well as to participate in the purchase of platform tokens visit the official website https://thedealcoin.com/ and read the whitepaper: https://thedealcoin.com/wp-content/uploads/The-Deal-Coin-Whitepaper.pdf

Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=3041085.0

Bitcointalk Username: Cryptozond (https://bitcointalk.org/index.php?action=profile;u=1190894)