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Author Topic: A letter to community members of The Force Protocol  (Read 37 times)
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October 19, 2018, 07:31:11 AM

To our community members:

Hello, dear community members.

The community culture of blockchain projects are disappearing and replaced by a whole set of risk investment and financing system. Most people only care about the rise and fall of token price, not the development of project.

We started from the community operation of The Force Protocol, hope to gather a group of members who are interested in blockchain, believe that blockchain can really solve some objective problems and firmly in faith of blockchain’s future development. Not only the project code is open source, but also development result of project and most of its token are belongs to members of the community.

The essence of the Force Protocol is a decentralized P2P trading network. In the future, everyone will be free to participate in trading without the need of trusting a centralized platform.

We focus on decentralized encrypted digital asset mortgage lending, with our technology, users who hold digital assets can initiate mortgage lending without any intermediary or platform. The global digital asset lending network allows you to get a lower interest rate, which means, truly inclusive finance.

The project started in an internal blockchain technology and application seminar in December 2017. Everyone in the team agreed that it has a great effect and positive social benefits of using blockchain technology to solve the problems of traditional P2P lending platform closing risk.

It has been difficult to achieve real Peer to Peer (or Person to Person) lending in the past five years of online financing development. The reason is that the Internet only moves traditional services online. However, the lending business itself is still a black box. The opaque business results in a high customer gaining cost and user trust cost, which makes the business a negative cycle.

The Force Protocol is designed around the mortgage lending scene, designing and developing smart contracts, interest rate bidding, shared order book, automated risk control and Oracle modules to provide a reliable technical foundation for building a global decentralized lending network. Smart contracts solve the problem of trust, allowing any two people who don’t know each other to implement the lending business; the interest rate bidding mechanism allows each user in the lending network to obtain loans or participate in the investment at the most appropriate interest rate; shared order book makes people from different regions and countries around the world could participate in the business together; automated risk control and Oracle provide a solid guarantee for the robustness of P2P lending networks.

The team members are mainly technical background, mostly from China’s 985, 211 colleges and universities. We have a Ph.D. in artificial intelligence graduated from the Chinese Academy of Sciences, a former Baidu senior R&D engineer who graduated from Harbin Institute of Technology, and a former core developer of Sogou big data graduated from Beijing University of Aeronautics and Astronautics. Our team also has experience and extensive resources in the Internet finance industry. Consultant Mr. Li Zhongnan is the vice president of HETRONE financial, and has successively launched financial products such as, and Lianhai finance. Based on our deep understanding of the industry’s pain points, our team will use blockchain technology to build a reliable lending network, truly inclusive finance, and allow financial services to be extended to those who need it more.

In the world of financial trading markets, under the glory of almost every applause are the souls of the violators. The blockchain leaves the trace of the offender nowhere to hide.

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Force Network - The Internet. Redefined

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April 22, 2019, 08:01:38 AM

The ticker FOR has already been claimed in November 2017 by Force Network,
the decentralized Internet, please choose another ticker to avoid confusions.

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