Title: Decentralized lending platform and its uses - PowerPoint PPT Presentation

Description: The blockchain technology that fuels cryptocurrencies such as Bitcoin and peer-to-peer lending are a natural fit that may help overcome some of the inherent challenges with many peer-to-peer lending platforms today. Many experts believe that this innovative technology will prove itself as a groundbreaking solution leading to a new economic system, often called the blockchain economy. In this new financial system, rules defined by smart contracts will make sure that agreed-upon transactions are enforced autonomously. That’s why peer-to-peer lending in many ways seems like the perfect use case for blockchain technology as it can potentially allow lending platforms to establish a much less dependent trust relationship between lenders and borrowers. This use case is what we know of as decentralized lending platforms. – PowerPoint PPT presentation