Digital Banking feature of IZIChain
Intended for users with the need for depositing or funding, based on peer-to-peer lending structure.
- A user with deposit need may choose the smart contract with suitable benefit parameters set according to their preferences for money deposit with IZI.
- Users with finance are required to offer collateral asset, with those assets being locked in smart contract until the end of loan term.
- Interest rate will be agreed in the contract. Everything will be managed using SmartContract and operated by AI in IZILending system. Activity history will be
transparently recorded in blockchain overtime.
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