[ANN] Privé - Private Credit On Blockchain

[Irresident]

Irresident is excited to announce the upcoming release of Privé, a platform that will be the first of its kind to bring together the best of commercial banking and private credit funds. Privé enables access to favorable market-driven credit conditions combined with customized service of freely competing providers local to borrowers. The platform builds entirely upon decentralized global credit supply, having the debt secured with marketable and nonmarketable collateral.

Irresident believes that the Privé innovation will reshape the landscape of the commercial credit industry through reliance on blockchain technology.

For further information regarding Privé, including its functionalities and their implementation, please refer to the whitepaper available at www.irresident.io.

[Irresident]

Privé is a platform that enables decentralized industrial scale loan and credit origination with support for full debt servicing lifecycle. The platform is being designed to rely on the Ethereum public blockchain and smart contracts for digital contract execution and exchange of value. Realized use‐cases include secured lending with support for digital and off‐chain collateral, trade finance, guarantees, debt servicing as well as auctioning off non‐performing loans (NPL), and other forms of bad debt. The platform introduces a concept of Asset Backed Liabilities which among others enables for large transactions without the necessity of conversions to and from ETH network currency.

[Irresident]

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[niknik1966]

To be honest, there are a lot of abstruse specific terms. Phraseology is used as it is used in almost all projects. I would like to see the individuality in the project. And so, the usual credit project.

[elimi]

I do not get the information normally obtained in a project such as the total number of coins, roadmaps and more

[Irresident]

I am under impression you guys haven't red the whitepaper

[damir@irresident]

To be honest, there are a lot of abstruse specific terms. Phraseology is used as it is used in almost all projects. I would like to see the individuality in the project. And so, the usual credit project.

There is no phraseology, just finance and software engineering. Credits and the roadmap will be available soon. This is our first public release. I am the author of the whitepaper, so feel free to ask ANYTHING, but be fast as I've got a lot of work and can't spend much time on forums.

Damir

[robinhande]

with this simple announcements thread you will got less attention from crypto users in, hope this thread will have a better ANN