https://www.homelend.io
One of the goals that human beings set themselves is the acquisition of a decent home, where they will want to start a family, is not an easy thing, generally most of these people, not being able to get their own home, have to choose many alternatives, such as living with their parents, relatives, friends, renting a room, an apartment or a small house, the acquisition of a home usually represents a sacrifice for many people in the purchase of some material goods or even risk the future of their children's studies, since if they do not do so the acquisition of their dream home will be impossible.
One of the options available is to apply for a mortgage loan unless you have won a jackpot in the lottery and can buy cash, a bank loan is the most advisable option when buying your own home, but these loans handle a lot of bureaucracy which includes a lot of paperwork depending on each country, require unnecessary expenses, the investment of time for both buyer and seller is not justifiable, such loan involves many parts.
The Problem
The complexity of the market has become complicated in recent years, as a banking institution has played many roles as the issuer, lender and collector, that is to say in short, it provides the loan with the funds generated by its customers' deposits, and administers the mortgage for the duration of the loan.
At present this is changing as new actors are being incorporated and are acquiring the debts with the banks and at the time of finalizing the loan, the owner does not know for sure who to negotiate with since the mortgage was resold to a third party. These decisions taken by the banks are due to regulations issued by government agencies, which cause higher costs.Solution
Homelend is implementing a revolutionary platform that harnesses the power of blockchain technology and will disrupt the mortgage market.
Homelend's decentralization will be the future in generating mortgage financing for all those who wish to own their own home, an interface between the lender, you and other third parties. Using the P2P based model will generate the confidence, security and transparency you are looking for when you buy something.
One of the features that caught my attention in this project is the integration of intelligent contracts, digitization of documentation and the elimination of bureaucracy, with this automation is reduced from 50 to less than 20 days.
How it works
Using distributed accounting technology (DLT) and smart contracts, Homelend brings together borrowers and lenders on a comprehensive platform that streamlines and automates the entire mortgage origination process.
The Homelend Advantage
Manual and prolonged, to Optimized and efficient
By integrating default business logic into intelligent contracts, scanning documentation and automating unnecessary processes, Homelend can automatically execute an end-to-end origination process, reducing it from 50 to less than 20 days.
From Ambiguous and Confusing to Transparent and Easy to Use
- Homelend's goal is to make the loan process not only smart, but simple and fair. This way, borrowers can easily apply for a loan, track the status of their application at all times and interact directly with mortgage lenders.
From Costly to Profitable Intermediation and without intermediaries
The immovability, security and transparency offered by DLT makes it possible to record transactions, including loans, without banks acting as intermediaries. This will reduce costs for both borrowers and lenders, while minimizing the distance between them.
From Vulnerable and Untrustworthy to Reliable and Secure
The centralization and automation of paper-based processes are the key factors underlying the insecurity and vulnerability that characterize the traditional mortgage industry. DLT's unique features and intelligent contracts enable Homelend to provide a platform for people to transact large amounts of money in a reliable, transparent and secure manner.
About the HMD Token
The HMD token is the gasoline that powers Homelend's peer-to-peer lending platform. Its main functionality is to allow access to the Homelend platform.
This utility token also plays a key role in enabling a fast, fluid and easy-to-use workflow that is unified and secure.
All tokens can be converted to and from HMD.
| - | - |
|---|---|
| Token | HMD |
| Price | 1 ETH = 1,600 HMD |
| Bounty | Available |
| MVP/Prototype | Available |
| Platform | Ethereum |
| Accepting | BTC, ETH, Fiat |
| Minimum investment | 1,000 USD |
| Soft cap | 5,000,000 USD |
| Hard cap | 30,000,000 USD |
| Country | Switzerland |
| Whitelist/KYC | KYC & Whitelist |
Milestones
2016
- The Homelend founders launch the project with the incorporation of new company.
2017
- The founders bootstrap the project with 1 USD million USD in contributions. A team of experts in technology and finance join the company. Design of the platform's concept and architecture begins. A first MVP is completed, based on client-server infrastructure. A second MVP is released, based on distributed ledger technology.
2018
- DMC Homelend AG is incorporated in Zug, Switzerland(aka 'Crypto Valley'). Business and technical whitepapers are completed. Token Generation Event (TGE) pre-sale phase begins. TGE Public crowdfunding will be conducted and completed. Additional technology and finance experts will join the company.Homelend's beta version will be completed and the token's basic functionalities will be operational for early adopters, under the pure crowdfunding lending mechanism. Development of beta versions for pooling and auction lending mechanisms will begin.
2019
- Homelend's platform 1.0 version will be tested on the testnet-feedback with Quality Assurance (QA) team. Development of smart agent for investment abilities in Homelend's platform will begin. Homelend's platform will to new markets.
Team
- Raghuram Bala - Analytical Technology Executive
- Yoram Uzan - Entrepreneur
- Danny Coddy - Appraisal
- Ido Samuelson - Blockchain Expert Advisor
- Marc Kenigsberg - Tokenomics and Data Management Advisor
- Adina Haham - Business Growth Advisor
- Daniil Morozov - Advisor
- Itai Cohen - Chief Executive Officer
- Netanel Bitan - Chief Technology Officer
- Ricardo Henriquez - Chief Innovation Officer
- Amir Nahmias - Chief Business Officer
- Michael Tanfilov - Strategic Planning Director
- Kanat Tulbassiyev - Leading Blockchain Developer
- Ram Stivi - Backend Developer
- Sol Alvarado Quijano - Graphic Designer / Community Assistant
- Vinod Morkile - Blockchain Developer
- Eliran Madar - Business Development / Investor Relationship
- Asher Dry - Chairman
- David M. Gottdenker - USA Mortgage expert
If you need more information I leave you below the links where you can review it in much more detail, any questions or doubts I invite you to comment.
| Platform | Links |
|---|---|
| Web Site | https://www.homelend.io |
| Whitepaper | https://www.homelend.io/files/Whitepaper.pdf |
| https://twitter.com/HomelendHMD | |
| https://www.facebook.com/HMDHomelend/ | |
| https://www.reddit.com/r/Homelend | |
| Github | https://github.com/HomeLend |
| Medium | https://medium.com/homelendblog |
| Telegram | https://t.me/HomelendPlatform |
| Ann | https://bitcointalk.org/index.php?topic=3407541.0 |
By Bitcointalk user: jpirulo
Profile: https://bitcointalk.org/index.php?action=profile;u=1192567
MyetherWallet: 0x4312006E30A82664F5b7EF51B2cE5c864F54cb1f