[ANN] 💥 LendLedger | Data-driven, Decentralized Lending 🌎 Powered by Stellar ⚡

[Lendledger]

are you gonna loan money to anyone who asks for it or is there gonna be a verification process too?

Hi icofit - of course not! Whilst we don't require traditional documentation we still do intense checks on those requesting loans. We have both Credit Evaluators and Identity Verifiers as part of the LendLedger network. Take a look at our Technical Paper - https://lendledger.io/images/LendLedger_TechPaper.pdf?pdf=LendLedger%20Tech%20Paper to find out more.

[Margary]

it's really popular in indtstria. so I think people will actively use this chance, which will spill over into them. so you should be careful and follow this project

[Lendledger]

Read the newest LendLedger Weekly Update, just published.  

[CryptoChanel]

Sorry if this question has been answered already, how is the project different from platforms like ETHLEND?

I have also put the same question, before you, but the team has not considered a good idea to answer to this quite crucial question. They have asked to other questions from other people, but not to this. Not a very good approach to ignore legitimate questions, IMHO.

[Ndok88]

Great job lend ledger on stellar.

[Lendledger]

Sorry if this question has been answered already, how is the project different from platforms like ETHLEND?

I have also put the same question, before you, but the team has not considered a good idea to answer to this quite crucial question. They have asked to other questions from other people, but not to this. Not a very good approach to ignore legitimate questions, IMHO.

Hi rahu0831, CryptoChanel, let me begin by assuring you that we wouldn't neglect a question like this - our Bitcointalk admins try to answer everyone's questions in a timely manner but sometimes things take longer than expected. Now onto your question. We have a medium post (https://medium.com/lendledger) coming out shortly which will focus on running you through how LendLedger is different from a number of other platforms operating in the space (SALT, Ripio, Bloom and others) so stay tuned for that. For now in terms of ETHLEND our two main differentiators are that ETHLEND focuses on Peer to Peer Lending whilst our Lenders are institutional and that whilst ETHLEND lends in Crypto with LendLedger both Borrowers and Lenders transact in fiat. LendLedger likes to think of crypto as 'plumbing' - it gives us the security, ease and transparency we need but can remain behind the scenes. We believe that this lowers barriers to adoption in the type of markets we will begin to focus on. Additionally, our mission is to help the 200 million+ MSME's to get loans and we will begin with an emerging markets focus, this is not true of ETHLEND. Hope this answers your question.

[5thangel]

Good, looks like another lending project, it is going to be some competition with other lending projects on the market. I already took a part in some lending icos before.

[Lendledger]

Good, looks like another lending project, it is going to be some competition with other lending projects on the market. I already took a part in some lending icos before.

Hi 5thangel - great to hear you're involved in lending ICO's there are so many fascinating players in the market. What we believe makes us special is our team of experts (both our co-founders have 25+ years of experience in the fintech sector), the fact that both lenders and borrowers can transact in fiat which lowers barriers to adoption and the fact we come from an already existing lending business (v.01 of the LendLedger protocol is already running and powering $30 million of loans annually)

[Lendledger]

ICO Alert Podcast #41 featuring LendLedger

[princessjenyz]

I can see that this is another great lending project. We all know lending is on trend nowadays because many small business owners needs to expand their businesses but they don't have enough budget to do that. That's why lending projects are very benefecial for them. My question is what makes Lendledger unique compared to other lending platforms?

[CryptoChanel]

Sorry if this question has been answered already, how is the project different from platforms like ETHLEND?

I have also put the same question, before you, but the team has not considered a good idea to answer to this quite crucial question. They have asked to other questions from other people, but not to this. Not a very good approach to ignore legitimate questions, IMHO.

Hi rahu0831, CryptoChanel, let me begin by assuring you that we wouldn't neglect a question like this - our Bitcointalk admins try to answer everyone's questions in a timely manner but sometimes things take longer than expected. Now onto your question. We have a medium post (https://medium.com/lendledger) coming out shortly which will focus on running you through how LendLedger is different from a number of other platforms operating in the space (SALT, Ripio, Bloom and others) so stay tuned for that. For now in terms of ETHLEND our two main differentiators are that ETHLEND focuses on Peer to Peer Lending whilst our Lenders are institutional and that whilst ETHLEND lends in Crypto with LendLedger both Borrowers and Lenders transact in fiat. LendLedger likes to think of crypto as 'plumbing' - it gives us the security, ease and transparency we need but can remain behind the scenes. We believe that this lowers barriers to adoption in the type of markets we will begin to focus on. Additionally, our mission is to help the 200 million+ MSME's to get loans and we will begin with an emerging markets focus, this is not true of ETHLEND. Hope this answers your question.

Yes, it does. In fact this is a truly excellent answer, which now will make me look deeper into your project. Thanks.

[Lendledger]

I can see that this is another great lending project. We all know lending is on trend nowadays because many small business owners needs to expand their businesses but they don't have enough budget to do that. That's why lending projects are very benefecial for them. My question is what makes Lendledger unique compared to other lending platforms?

Hi PrincessJenyz great question. We believe that LendLedger has three things that make us unique. As blockchain technology is incredibly novel most platforms have to build themselves from the ground up. LendLedger on the other hand derives from a preexisting lending business Happy Loans (https://happyness.net) which is already powering loans at a run rate of $30million per year using the same software the LendLedger platform will utilize when it's up and running. Secondly, we have an unparalleled team of expert advisors on board and the support of organizations such as the World Bank. What's more, we are constantly bringing on new thought-leaders in the form of our LendLedger Community Experts (https://medium.com/lendledger/lendledger-community-experts-956038f061b7). Finally, whilst many existing blockchain lending platforms send and receive loans in cryptocurrency, on the LendLedger platform both Lenders and Borrowers can transact in their own local currency. We like to think of crypto as the 'pipes' - it keeps the operation moving securely, seamlessly and transparently but remains behind the scenes. This substantially lowers barriers to adoption for crypto-sceptic markets.
Hope this answers your question!

[jaksone]

Are there plans to open an agent offline in developing countries for the implementation of the next program?of course with easier terms

[bitdenail]

LendLdger is a project that has been eagerly awaited by many people. Their project is very innovative, where LendLedger brings together Borrowers, Data Providers, and Lenders in an open and safe global ecosystem built on blockchain technology. Hopefully many investors will join this great project.

[Lendledger]

We're excited to be reviewed by AltCoinDaily on their latest YouTube video.

[Lendledger]

it's really popular in indtstria. so I think people will actively use this chance, which will spill over into them. so you should be careful and follow this project

Hi Margary. Thank you so much for your comment we really appreciate it. Join us at https://www.lendledger.io/index.html.

[Cryptochel]

The vision is to change the current scenario of informal market lending and exploit previously untapped resources that were previously unseen through the ecosystem. It even aims to work in the rural and unmanaged sectors of the economy. The company has worked so far on over 400 cities in India and aims to cover more.

[namistyk]

The company at the highest level, with such a mood, of profit will be worthy!
This industry is very promising, I am sure that those who are the first to plunge into this market will take their rightful place.

[Lendledger]

The company at the highest level, with such a mood, of profit will be worthy!
This industry is very promising, I am sure that those who are the first to plunge into this market will take their rightful place.

Thank you so much namistyk - we're so happy you like our project!! Did you know that our token sale opens soon on October 30?? Tkae a look at this medium post for more details https://medium.com/lendledger/6-weeks-left-before-the-lendledger-crowdsale-what-you-need-to-know-2ce80bf5f71e

[Lendledger]

LENDLEDGER CROWDSALE GOES LIVE IN T-36 - ARE YOU PREPARED??