SOFIN: Why It Claims to be Better than Its Competitors?
Online loan systems are of much importance in recent era as one does not need to go to banks or other financial institutions to get their desired amount of money. One does not need to fulfill the difficult terms and conditions of these financial resources to apply for loans. All one needs to do is to install certain relevant applications, fill the desired blanks to verify themselves and finalize the terms and conditions with the other party. The process is easier and the lending money for any reason was not as convenient as it is now. Yet, there were some untapped areas which were needed to be configured to meet the demands of the users and confronting all the challenges recently being faced by this online loan industry.
SOFIN is a unique, innovative and unparalleled system which has recently been introduced in online loan sector with the aim to provide easy and early access to all financial resources without any discrimination of geographical location or political borders systems. We are here to serve all with the aim of making the loan process to the maximum level. Complete verification system is incorporated with SOFIN in order to make the investments of stakeholders the safest than ever (https://sofin.io/docs/whitepaper/en).
The next question that comes to mind immediately after the introduction is that why investors and borrowers would prefer our system by leaving all existing traditional options of giving or taking money? The answer lies in certain points which are enlisted in section given below. Our competitors can be divided into two fundamental categories including the P2P based borrowing systems and the other are the online cryptocurrencies based loan platforms.
• The first difference between us and the other systems is our better transaction storage system. Traditional P2P lending system and other cryptocurrency based loan systems does not enough comfort while dealing with them but SOFIN stores all transactions on its decentralized system along with making it safer via blockchain technology. A loyalty based token reward system is soon going to be introduced by SOFIN team.
• We are presenting a better loan system as the amounts are released in fiat currencies and not the digital currencies so, the lenders have the option of claiming for his money via a proper legal channel to get his money back.
• Another prominent attribute, which makes our system different from existing systems, is that we have our own guarantee fund in case of any loss to the assets and money invested in SOFIM platform.
• We try to involve all types of businesses including small and medium-sized enterprises, too to create a well-connected community. We also give loans for business expansion purposes or any individual can apply to set up his own new business as we believe that new businesses will open new doors of opportunities for job seekers and this is what community and common people need right now.
Note: SOFIN token sale is live now and will remain open till 29th December 2017. Come and grab this fantastic chance of being this phenomenal system (https://sofin.io/).
For more
Website: https://sofin.io/
Whitepaper: https://drive.google.com/open?id=0B-Mzf44S_dQMeEliOWhodUVDZTg
Bitcointalk.org username: mwaqar17
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1148618