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

[Timur.brnd]

Another fintech? At least has a new approach. Let's see how it goes.

[yugyug]

The purpose of this project are clearly explained in details with reasonable facts. Really promising, hoping this project takes off soon enough and achieve the aim of reaching the zenith. Great project and idea, I sincerely wish you good luck and success. I am glad that this project brings such a revolution. When the world develops, things get better.It is interesting to observe and be a part of such projects!

[greenBEryin]

Where can I test the L-Data and L-Lend software?

[Oleg.Cheburek]

Glad to see professional advizors! https://medium.com/lendledger/community-expert-ben-lyon-co-founder-of-hover-and-kopo-kopo-c26e056429f2

[Oleg_93]

this issue is relevant only for India?

Of course not

[woodywoodf]

For me, the most important part here is that LendLedger has interesting options for every side in the lending process.

[CEOKEY]

LENDLEDGER is a project that can provide opportunities for small businesses with no credit history or traditional financial documents to borrow. Securing loans will enable LendLedger to "connect lenders with unregulated digital data and record all loan transactions" based on Blockchain technology. The basis and method of problem solving of the project made me feel very convincing!

[NEQATIF]

When will you be able to provide the first loans?

[Den.3354]

This is an awesome concept, connecting the investors and the people or company that need a lending for their business to grow.
LendLedger giving a way to build trust for people that hasn't done a lending before

What will be the interest rate here? Since there are high risks of not getting the payment, it must be rather high.

[faspik4]

How are you implementing the Stellar protocol?

[VityalyaVik]

Getting an alternative financial history is very smart.

[RannyGG]

Why the informal loans don't switch to the formal sector?

That's a totally different market. Often people either don't want to or can't switch between them.

[Khicneog]

What are the basic requirements to become a lender in the system?

[Ilya.miy]

Since you focus on giving money to those who need it and is able to pay back, it definitely may work just fine.

[Silly Dog]

How are you going to connect the agents in the system?

[Global Progression]

I'd like o see the alpha version or smth before investing

[Julia26]

LendLedger Protocol is based on Stellar?

[Vladik24]

Who will become the lenders?

[Danil_k]

LendLedger looks interesting. Although the concept is challenging, it has a chance to success. Many people from informal sector are related to crypto and will be willing to take a loan and pay it back later.

[Kezan2]

What information is shared between the system members?