Lendingblock is the open decentralised exchange for borrowing and lending digital assets. But why do we think that's important?
It was hard to avoid hearing about digital currencies last year, whether it was the surging price of bitcoin or warnings of impending doom. Strip away the negative and positive hype though, and two things remain clear. Firstly, crytpo currencies and coins are here to stay in some form, and secondly, the supporting infrastructure that will allow the likes of bitcoin to enter the mainstream still has a long way to go. Putting it simply, only when you can spend and lend digital assets as easily as money will they become a viable and possibly better form of money.
A financial system that provides equality of access to people irrespective of their financial status or location, fairness and transparency of pricing to buyers and sellers, and the security that is at the core of distributed ledgers is a goal worth striving for. We are excited and proud to be part of the global community working to make that goal a reality.
At Lendingblock we believe in a positive future for digital assets and the benefits that they can bring, but in order to realise these benefits there needs to be significant progress in the development of supporting services that we take for granted away from the blockchain. These services include payment systems integration so that digital currencies can be universally used to pay for goods and services, and borrowing and lending.
This is why we are creating a truly open market place that will connect borrowers and lenders in a way that is fair, transparent, and secure. We will allow people who are holding assets for the long term to earn interest by lending them to people who want to borrow, and have collateral that can be used as security.
In coming posts, we will talk in detail about what Lendingblock does, how it works, and how it benefits and protects users, including individuals and institutions.