๐—ข๐—ธ๐˜€๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ฃ๐Ÿฎ๐—ฃ ๐—Ÿ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐— ๐—ถ๐—ฐ๐—ฟ๐—ผ๐—น๐—ผ๐—ฎ๐—ป๐˜€

Okschain
okschain
Published in
2 min readJan 25, 2020

Hello. In todayโ€™s post, we will tell you about P2P lending and loans.
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๐—ฃ๐Ÿฎ๐—ฃ ๐—น๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด usually stands for โ€œpeer-to-peer lendingโ€ or โ€œperson-to-person lendingโ€, and the term โ€œsocial lendingโ€ may also be used. This term refers to the issuance and receipt of loans by individuals directly, without using traditional financial institutions (#banks, credit unions) as an intermediary. Typically, P2P lending is implemented using special #Internet sites where the user can act both as a lender and as a borrower.
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As a rule, a #P2P lending transaction is concluded between one borrower and several lenders. In order to reduce risks, one lender invests his #money in several borrowers โ€” diversification of investments (stream financing). The most common platform is when individuals and borrowers are lenders.
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The appeal of P2P platforms lies in the fact that they can provide favorable terms of the transaction, both for lenders and borrowers. Also, the entire process of concluding a transaction on such a platform takes place remotely, which saves customers time. The threshold for entering P2P #lending platforms is low, and it is not necessary to be a sophisticated investor. You can start working on the platform as a lender with a small amount.
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โ™ป๏ธ ๐—ข๐—ธ๐˜€๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ฃ๐Ÿฎ๐—ฃ ๐—Ÿ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐— ๐—ถ๐—ฐ๐—ฟ๐—ผ๐—น๐—ผ๐—ฎ๐—ป๐˜€ โ™ป๏ธ
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Okschain is a decentralized #financial ecosystem for a wide range of participants. Ecosystem partners use it to store digital assets, pay for goods and services, receive payments, use the service for #exchanging digital assets and P2P lending, and also invest in startups.
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Any user of the Okschain platform can #invest their cryptocurrencies or fiat funds in a P2P lending system. Also, any member of the Okschain ecosystem can apply for a #microloan. The decision to issue a microloan is made with the help of artificial intelligence, which evaluates the borrower by 30 parameters. In addition, the Okschain #ecosystem allows the user to receive a loan in fiat secured by cryptocurrency. Okschain will act as a guarantor of transactions and all transactions will occur only through a guarantor. The ecosystem will receive commissions from each transaction. All #transactions will only occur between users of the Okschain platform.
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โš™๏ธ ๐—ช๐—ฒ๐—ฏ๐˜€๐—ถ๐˜๐—ฒ โ€” https://okschain.com/en/
โš™๏ธ ๐—Ÿ๐—ถ๐—ป๐—ธ๐—ฒ๐—ฑ๐—œ๐—ป โ€” https://www.linkedin.com/company/okschain
โš™๏ธ ๐—ง๐˜„๐—ถ๐˜๐˜๐—ฒ๐—ฟ โ€” https://twitter.com/okschainfintech
โš™๏ธ ๐—ฅ๐—ฒ๐—ฑ๐—ฑ๐—ถ๐˜ โ€” https://www.reddit.com/r/OKSCHAIN
โš™๏ธ ๐—ง๐—ฒ๐—น๐—ฒ๐—ด๐—ฟ๐—ฎ๐—บ ๐—ด๐—ฟ๐—ผ๐˜‚๐—ฝ ๐—˜๐—ก โ€” https://t.me/okschain_en
โš™๏ธ ๐—ง๐—ฒ๐—น๐—ฒ๐—ด๐—ฟ๐—ฎ๐—บ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น โ€” https://t.me/okschain_an

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Okschain
okschain
Editor for

OKSCHAIN is a decentralized financial ecosystem for a wide range of stakeholder