LendChain
LendChain is a distributed digital asset financial services platform based on the GXChain, providing digital asset holders with financing, investment, insurance and other financial services.
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A credible platform that integrates with personal credit data
LendChain collaborates with GXChain, a decentralized credit data platform. GXChain has abundant credit information, especially for cryptocurrency holders. Moreover, the LendChain team is proficient in financial technology and big data risk control. The combination of credit data and financial models will enable us to provide loans for cryptocurrency holders.
Automated smart contracts with robust security
LendChain establishes the entire loan process of the user on the blockchain, including collateral asset freezing, loan, investment, repayment, late payment collection, etc., all will be executed through smart contracts. No manual involvement in the operation process, which avoids the low efficiency of centralized platforms and eliminats the risk of single point failure.
What is the value proposition
The main Idea of this project is the whole lending and borrowing process through the smart contract powered by the blockchain.
