The Deal Coin - The following generation in decentralised lending structures
It is now time for my fourth installment in the Deal Coin series of articles. If you are just now reading about the Deal Coin for the first time, it is a new platform that is going to allow for peer lending using blockchain smart contracts. I will go over some things that I have not mentioned before in this article.
One thing the Deal Coin is doing is providing solutions to proof of ownership of assets. Often it can be difficult to register and track the registration of assets. The Deal Coin will remove roadblocks associated with this and allow for easy proof of ownership, with fast and secure transfers while making use of blockchain. Blockchain is increasingly being used for asset registration, and with that comes more opportunity for loan propositions. By utilizing proof of assets with blockchain technology, both the borrower and investor can benefit. Borrowers will have a better chance to get funding, and investors can feel more secure knowing there is proof of assets.
Which part or the world will you be focusing on in the beginning when launching The Deal Coin platform, and how will you attract users and business to use it?
Initially, we will focus on the countries where blockchain development is advanced enough to support the eco-system that we are creating. We must also consider the regulations and compliance laws that exist in each jurisdiction to ensure that we are compliant in everything we do. In terms of building the eco-system we are already being approached by private and institutional investors who are also looking for a better and more secure return on their funds. We have been testing the business funding market for nearly 3 years and we know that there is no shortage of businesses looking for more competive funding than they currently can access. We receive applications from all over the world from Mauritius to the UK from Africa to the US. We are confident that the business will launch and prove itself very quickly. With the support of everyone across the world and through businesses and investors Working Better, Together we will change the financial marketplace forever.
Initially, we will focus on the countries where blockchain development is advanced enough to support the eco-system that we are creating. We must also consider the regulations and compliance laws that exist in each jurisdiction to ensure that we are compliant in everything we do. In terms of building the eco-system we are already being approached by private and institutional investors who are also looking for a better and more secure return on their funds. We have been testing the business funding market for nearly 3 years and we know that there is no shortage of businesses looking for more competive funding than they currently can access. We receive applications from all over the world from Mauritius to the UK from Africa to the US. We are confident that the business will launch and prove itself very quickly. With the support of everyone across the world and through businesses and investors Working Better, Together we will change the financial marketplace forever.
The Deal Coin Solution will enable borrowers and their assets to be identified, verified and authorised for funding, creating a financial eco-system like no other in the world
Through the use of Smart Insurance and Smart Legal Contracts all deals will be registered on the decentralised ledger and transparently recorded on the Ethereum Blockchain and therefore fully protected for repayment.
As part of our planning and preparation we have been approached by businesses from a wide variety of industries with funding requirements across the globe. The total funding pipeline is in excess of $3 Billion.
The Deal Coin will commence its crowdsale on 26th March 2018, running until the initial token block has been taken up or by the end of the ICO onJune 10th 2018.
Who are your main competitors in the blockchain industry? How do you compare yourself to other lending providers like Salt, Celsius, and Ethlend?
There are many great companies in this industry not just the ones you have mentioned. Whereas some companies are focused solely on crypto lending against crypto assets, we have chosen to bridge the gap between the current financial marketplace and the future of cryptocurrencies and blockchain technology. Our partners are devleoping the latest innovations in asset registers from land, property, cars, arts and collectibles, precious metals. If the asset is registered on the blockchain and we can trust the borrowers identity then there is no reason why smart legal contracts and insurance policies can be registered on the blockchain to enable borrowers to raise funds from investors quickly and securely. We are focused on developing a financial platform and eco-system which combines the latest technology to reduce cost for businesses borrowing FIAT currencies, irrelevant of location in the world and improve returns for investors at the same time. By harnessing the power of the blockchain we aim to dramtically speed up the outdated and cumbersome processes whilst eliminating fraud at the same time. This really is possible and we look forward to making it a reality.
There are many great companies in this industry not just the ones you have mentioned. Whereas some companies are focused solely on crypto lending against crypto assets, we have chosen to bridge the gap between the current financial marketplace and the future of cryptocurrencies and blockchain technology. Our partners are devleoping the latest innovations in asset registers from land, property, cars, arts and collectibles, precious metals. If the asset is registered on the blockchain and we can trust the borrowers identity then there is no reason why smart legal contracts and insurance policies can be registered on the blockchain to enable borrowers to raise funds from investors quickly and securely. We are focused on developing a financial platform and eco-system which combines the latest technology to reduce cost for businesses borrowing FIAT currencies, irrelevant of location in the world and improve returns for investors at the same time. By harnessing the power of the blockchain we aim to dramtically speed up the outdated and cumbersome processes whilst eliminating fraud at the same time. This really is possible and we look forward to making it a reality.
Who can participate in the Deal Coin token airdrop?
Only users who signed-up for the Airdrop with the Airdrop Registration Form prior to March 26th, 2018 and continue to follow us on social media Telegram and Twitter through the end of our ICO are eligible to receive the free Deal Coin tokens.
If you signed up prior to March 26th, 2018 and believe there is an issue, please contact us on our live chat.
The ERC827 protocol will be used for the Deal Coin. This is one of the newer protocols that use the Ethereum network, and is designed to address some weaknesses of the well known ERC20 token. Value and data can be transferred with the ERC827. The ERC827 remains compatible with the older ERC20 as well. Like all Ethereum tokens, it makes use of sophisticated smart contracts to facilitate agreements between users. By using smart contracts, it saves both the lender and the borrower money by reducing the number of people involved in the transaction. Essentially, there are no middle men being used. Investments made on the Deal Coin platform are both enforceable by law, and insurable. This is all due to using the smart contract. The lending landscape is changing quickly and continues to improve. Be sure to read my previous articles about the Deal Coin, and also visit the sites here for more information.
Announcement Thread: https://bitcointalk.org/index.php?topic=3041085.0
Комментарии
Отправить комментарий