Lendingblock

As the market of cryptoactive assets grows, reliable financial services to support crypt issuers, investors and users will become an increasingly important part of the new financial world. These services include exchanges, payment systems and lending and cryptographic financing. While exchanges and integration of payment systems exist and will continue to grow, lending services that allow owners of cryptoactive assets to receive interest income are only beginning to emerge in their most basic forms.

Marginal lending
Numerous exchanges offer the opportunity to make margin lending on their exchanges. However, these loans are autonomous on centralized platforms, which makes it impossible to exit the loan platform. This reduces the ability of borrowers to enter into any complex trading or arbitrage strategies. Borrowers and creditors also depend heavily on the security and availability of exchanges, which makes their facilities susceptible to the exchange of insolvency or failure.
Crypto for Fiat lending
Crediting of conventional currencies secured by crypto-currencies is a service offered by a small number of new enterprises. However, high levels of fiat-crypto volatility mean that the required levels of collateral are much higher than crypto vs. cryptography, where correlations are higher, and fiat integration is significantly more complex than a model that focuses exclusively on digital assets.
Credit crediting
Credit-based credit score services, including those that rely on trust and credit networks, are manual services that are associated with a high level of disclosure of personal information and are mainly targeted at small consumer loans.
Although there is considerable value in the appearance of all credit services, there are significant restrictions on the use of loans on the basis of margin, fiat and credit scores, especially in terms of institutional borrowers. At Lendingblock, we believe that the creation of a financial infrastructure for lending securities based on the block chain will solve the critical and unattended needs.
Lendingblock creates an infrastructure for crediting securities for cryptoeconomics. Using the assumption of accepting credit in the crypto-economic economy is half the norm in lending to securities and assuming a 25 percent annual growth in the total market value of digital assets, it can be assumed that the market for crypto-credit lending can generate annual revenues of more than $ 300 million. USA for three years.

Lendingblock creates an open exchange for borrowing and crediting of cryptoactive assets. Owners of digital assets will be able to obtain stable and safe profits without sacrificing property benefits, and borrowers who own digital assets can use these digital assets as collateral for borrowing at market rates to support financing, hedging or investment strategies.
The end users of Lendingblock will be companies that want to borrow or provide encryption facilities. These entities, whether retail or institutional, will fall into two categories - lenders and borrowers.
The Borrower's process consists of five stages:

1. Registration in which potential borrowers create an account and complete the verification and verification of the identity;
2. A specification in which borrowers fill in profiles that indicate the details of the loan they are looking for, for example, the principal asset and principal amount, duration, maximum interest rate and pledge to be pledged. After verifying that the collateral is available to prevent false offers, this borrowing request is then automatically matched with lending proposals;
3. Initiation, when the borrower places a pledge in the LND smart contract and expects the lenders to place the principal in the intellectual contract until the loan amount is reached;
4. A service in which the borrower makes planned payments that are distributed to creditors under the LND Smart Contract and, as necessary, adjusts the amount of the security to reflect any change in value; and
5. Completion, when the borrower completes repayment of the principal amount of the loan, which is returned to the creditors, and the collateral is returned to the borrower using the LND smart contract or in the event of the borrower failing to fulfill the collateral, the creditors cover their investments.
   The Lender process consists of five stages:
6. Registration in which potential creditors create an account and complete an identity check;
7. A specification in which creditors first fill out profiles, indicating that they are looking for, for example, how much they want to lend, for how long, the desired minimum interest rate and acceptable collateral. After verifying that the director is available to prevent false offers, this loan offer is automatically matched against loan profiles that meet their requirements;
8. Initiation, in which, as soon as the borrowers have provided the collateral, the creditors place the principal amount in the Lendingblock loan agreement, and at this point the principal is sent to the borrower;
9. An operation in which the lender receives the planned interest payments from the LND smart contract; and
10. Completion, when the creditor receives repayment of its principal amount or in case of default by the borrower receives a pledge to cover its investments.
    Useful links about the project:
    http://lendingblock.com
    https://whitepaper.lendingblock.com/#abstract
    https://twitter.com/lendingblock
    https://www.facebook.com/lendingblock/
    http://t.me/lendingblock