I think this is a really interesting plan. There definitely needs to be a system in place for Bitcoin loans. Interesting. Do you have any future plans to allow third-party lending through your system? Like user to user, with the same collateral system?
imho
ethereum smart contracts is your answer @dev, and this is very needed.. similar what digix did
here some more info:
http://www.tflholdings.com/blog/open-letter-to-dgd-holderthis part is very interesting
Imagine organizing future ventures such as the p2p lending platforms, decentralized exchanges, or virtual nations mentioned in the most recent Progress Update....
