HOMELEND

Nắng Mai
2 min readJul 31, 2018

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IS A MORTGAGE CROWDFUNDING PLATFORM
We’re building a blockchain-based, peer-to-peer mortgage lending platform

What is the Homelend platform?

Homelend is a decentralized platform enabling the next generation of homebuyer mortgage financing. Homelend creates an interface for direct interaction between borrowers, lenders and other parties involved in the mortgage value chain. By doing so, it enables mortgage crowdfunding using a peer-to-peer model with the security, transparency and automation provided by distributed ledger technology (DLT) and smart contracts.

Homelend will transform mortgage origination into a simpler, more efficient and fair process, reducing the distance between borrowers and lenders in a way no solution has done before. P2P mortgage crowdlending platform works by embedding into smart contracts the business logic of origination processes. This creates a system where borrowers and lenders can interact without the need of a trusted financial intermediary

Blockchain and smart contracts have the potential to save between US$ 3 billion and US$11 billion to the mortgage industry.

The Homelend Advantage

  • From manual & lengthy, to Streamlined & Efficient
  • From Ambiguous & Clunky to Transparent & User-Friendly
  • From Costly Intermediation to Cost-Effective & Middleman-Free
  • From Vulnerable & Unreliable to
  • Trusted & Secure

The Homelend Token (HMD)

The HMD token is the fuel powering the Homelend peer-to-peer lending platform. It’s main functionality is to grant access to the Homelend platform.

This utility token also plays an instrumental role in enabling a fast, smooth and user-friendly workflow that is unified and secure.

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