Bitcoin Forum

Other => Politics & Society => Topic started by: Sroka on April 12, 2018, 01:09:34 PM



Title: Lending on the Blockchain - should banks be scared?
Post by: Sroka on April 12, 2018, 01:09:34 PM
There are a number of reasons why using blockchain for borrowing and lending makes sense, especially when it comes reducing fees, cutting out middlemen, and operating in a trustless and transparent environment.

The article below dives deep into the benefits (and drawbacks) of blockchain lending, and thinks about how banks will respond.

It also lists a few of the best projects focussing on this, including SALT, EthLend and Ripio Cedit Network.

https://medium.com/trivial-co/lendi...lockchain-should-banks-be-scared-e0a01c857c43

What do you think about it - would you take or provide a loan on the blockchain?