WHAT PNGME IS ALL ABOUT?

The blockchain technology happens to be the only viable means that could sort out the issue of lending and loans for small and medium enterprises. This is where PNGME was birthed and I want to use this opportunity to share about their services to everyone out there.

WHAT PNGME IS ALL ABOUT?
Pngme is a blockchain-based international lending platform designed to solve the funding challenges that are confronting both individuals and mostly, micro, small and medium enterprises. Pegme will be developed a marketplace where business enterprises will have quick access to lend money in supporting their businesses. Pegme will be developed digitally and serve as a mobile banking system functioning as a lending marketplace for MSME and other financial institutes.

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Pngme is propelling first with cryptographic money distributed installments and digital currency enthusiasm bearing investment accounts utilizing Pngcoin. Hence Pngme will dispatch controlled, local, resource supported stable coins. This will take into account installments, investment funds, and computerized resource supported credits to be taken out through our portable application or DeFi Dapp in the accompanying fiat monetary forms: United States Dollar (USD), Euro (EUR), Great British Pound (GBP), Kenyan Shilling (KSh), Nigerian Naira (NGN)

Clients of Pngme will have the option to stake Pngcoin to gain intrigue and increment their Pngcoin possessions just as they get limits on loaning rates and charges. Each quarter Pngme will repurchase Pngcoin with 10% of its benefits once more from clients.

PNGME ECOSYSTEM AND HOW THE PLATFORM WORK

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The Pngme Ecosystem is consists of business ventures that normally need credit; these are huge money related foundations, people individuals with huge business, and smaller scale, little and medium measured endeavours; these individuals allude as 'borrower' in the platform. The Ecosystem likewise financial specialists i.e the moneylenders that loan cash to the required business system.

How Pngme works are that the borrowers will start a loaning procedure by rendering their advanced bonds available to be purchased and will utilize his computerized resources as a guarantee. The Pngme loaning system planned a mechanical insurance system that is increasingly solid and can stop the default rate in a loaning system. This credit scoring innovation will straightforwardly demonstrate the FICO rating of the borrower with the goal that the moneylenders can get to either render them advance or not. Those with low FICO assessment or defaulters may deny approaching advance through the Pngme platform.

DIFFERENT BETWEEN PNGME LENDING SYSTEM AND THE TRADITIONAL LENDING SYSTEM
In the traditional lending system, the loan is not available for everybody, it is for special individuals or big firms with a strong background. The entire process and decisions are been anchored by the central body. This type of system is not transparent and not that reliable. The exchange rate for lending is so high and unstable. The lending process is the most time diverted and manipulated. However, for that of the Pngme lending system, every process is being anchored by artificial intelligence and a robot. Its system has an automatic matching algorithm that determines the exchange rate that suits different types of loans. Everything about the lending process of Pngme is transparent, accurate and no manipulation.
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CONCLUSION.
The mobile banking App maximizes access to finance for consumers and entrepreneurs. Users have easy access to finance anywhere around the globe from their mobile device/phone with features such as mobile to mobile payments, savings, and a digital credit score.

For More Information on the project, please see Links Below:

🌐 Website —
📑 Whitepaper — https://docsend.com/view/m8fighb
📑 Token Economics — https://docsend.com/view/929pjg2
📧 Telegram — https://t.me/pngmecommunity
📝 Bitcointalk ANN — https://bitcointalk.org/index.php?topic=5140127
🕊 Twitter — https://twitter.com/pngmemobile
📘 Facebook — https://www.facebook.com/pngme/
📝 Medium — https://medium.com/pngme
🔗 LinkedIn — https://www.linkedin.com/company/pngme/
📱 Android App Early Access —