ETHLend the peer-to-peer Lending platform

The financial technology (fintech) industry has undergone lots of transforms in the last couple of news and with new technologies like the blockchain, fintech just got a whole lot interesting as it presents new opportunities to this industry.

One fintech company that goes by the name of ethlend will be using this technology to offer lending services to the people. ETHLend is a fully decentralized peer-to-peer lending platform on the Ethereum blockchain network where anyone has the ability to participate in a fair and free lending market.

Because people have no access to some of these financial services as a result of lack of credibility, Banks will not just issue these loans and many of the times take too long to access one's ability to payback and just to much paperwork. ETHLEND wants to ease things up and make it easier and fairer to get a loan.

SOME OF THE FEATURES OF THE ETHLEND ECOSYSTEM
ETHLend will create reputation based lending with the help of decentralized credit rating, which consists of data from decentralized credit tokens (CRE), decentralized identities such as uPort, and data feeds from centralized service providers such as credit institutions and social media. Moreover, services such as Bloom would be used to broadcast defaults on to the centralized credit scores.
Decentralized Insurance Policy: this is were ETHLend will provide insurance for credit risk. The aim is to provide a way that insurers can assess the data required to calculate an insurance policy risk and cost and provide such offers to the lender.
ETHLend is developing a user friendly interface for the decentralized application to easily access.

Future Upgrades
ETHLend is planning to upgrade lending to Bitcoin, Litecoin and other Altcoins.
To avoid volatility risk, ETHLend provides an alternative to use USD as the base currency for lending.
Other upgrades: installments, decentralized credit rating, Artificial Intelligence and Ledger Data (Big Data) to assess credit risk, crowdlending and liquidity pools, prediction market for assessing credit risk.

ETHLend Token sale Event successfully Closed With $16.2 million usd raised and with the presale also being sold out within 77 HOURS and raising 2000 ETH, how remarkable! If you missed the token sale you can buy ethlend coins from exchanges like HITBTC, ETHERDELTA, KUCOIN and more to come.

To learn more about ETHLend, join the ETHLend Slack and Telegram channels and for more information about ETHLend read the White Paper and other resources available. For more information visit links below.

► Info site: http://ethlend.io
► White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
► ICO thread: https://bitcointalk.org/index.php?topic=2090735.0
► Slack: https://ethlend.slack.com/
► DAPP Thread: https://bitcointalk.org/index.php?topic=2013399
► Telegram: https://t.me/ethlend
► Reddit: https://www.reddit.com/r/ETHLend/
► Facebook: https://www.facebook.com/ETHLend/
► Twitter: https://twitter.com/ethlend1
► YouTube: