Bitbond — decentralized business lending platform

Bela Marbela
4 min readJul 2, 2019

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What is Bitbond ?

This project is meant to serve the Interest of those who have no secure source of funding for their entities. This is the right platform for all to leverage on and have their operations in the commercial world or industry improved. The standard for this setup has been laid on the blockchain and it is well able to provide the funds needed by any of its members because of the way it is planned to meet a of those kind of demands. It also fosters the use of cryptocoins for easy operation and to take full advantage of the entire system. Investors in it will be able to lend to the borrowers in the platform through the pattern that is already set thereby eliminating the old analogue system operation and making the users more relevant as they enjoy these features. The security token also plays a remarkable role in this platform because they are issued and makes users very self confident in the platform.

The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH. Bitbond is the first crypto-currency based lending platform for business loans that operates globally. Founded in 2013, Bitbond now facilitates more than $1 million in business loans every month.

Bitbond’s mission:

The mission of Bitbond is to make investing and financing globally accessible.

  • Security token : BB1 is Germany’s first security token offering with a prospectus that is compliant with EU prospectus regulation.
  • Regulated financial institution: Bitbond is a regulated financial institution and is supervised by the German financial regulator BaFin.
  • Solid returns for investors: Investors on Bitbond currently earn $100,000 interest per month, which Bitbond aim to increase to $2 million by 2020
  • Instant Token liquidity: Instantly trade your BB1 Tokens after the STO concludes via the Stellar decentralized exchange.
  • Blockchain powered global payments : Bitbond connects investors and borrowers from over 120 countries thanks to blockchain powered payment processing.
  • Automated credit scoring: A proprietary machine learning algorithm allows Bitbond to make credit decisions within 24 hours.
  • Global partnerships: Bitbond has partnered with several industry leaders to make global financing possible.

BITBOND helps to overcome all forms of risk in the system and makes Bitcoin lending another feature thus giving many options to the borrowers as long as they are cool with the little interest rate. This platform will be used in so many countries of the world which means that borrowers can come from any part of the world and they can be satisfied with the money they requested for. Worthy lenders and borrowers get to flow well in this platform and investment done will be meaningful.

Bitbond token (BB1)

Bitbond token (BB1) is the first security token in Germany and makes the global lending business accessible.
Target profit is 8% (see computer). This result from a fixed interest rate coupon of 4% per year and high profit participation of 60%.
Token BB1 is a preeminent investment because:

  • Profits are significantly higher than other fixed income investments.
  • BB1 token is safer and more stable than other electronic-based investments because the prospectus complies with legal regulations that govern your rights.

token on the Stellar blockchain:

In order to provide the best possible experience, Germany’s first security token will be issued on the Stellar blockchain. With a processing capacity of over 1,000 transactions per second, transaction costs at a fraction of a cent, a built in decentralized exchange and a global network of active partners using the platform, Stellar is one of the most efficient blockchains for payment processing and token issuance.

TEAM :

Investors :

Partnerships:

conclusion :

It won’t take long for any company starting out to make it to the top and investors too will be able to invest better and make good returns off those startups they are assisting. Intermediaries won’t have access to these types of new improvement in the digital community so it will just be the entrepreneurs and the investors to deal with each other and make a difference. This platform will also become attractive to others that haven’t been able to enjoy the benefits and they will be drawn to take their place in it.

LINKs :

website: https://www.bitbondsto.com/?a=OTDHCF
Lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
BitcoinTalk Ann Thread: https://bitcointalk.org/index.php?topic=5130337.0
Twitter : https://twitter.com/bitbond
Telegram Group for investors: https://t.me/BitbondSTOen
Facebook : https://www.facebook.com/Bitbond/

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