Selasa, 30 April 2019

BTCCREDIT - Blockchain Based P2P Loan Solution


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overview
Blockchain makes history by transferring power from centralized enterprises into the hands of consumers.
This allowed people to manage their own assets without the intervention of banks, brokers or

institutional monitors.
This is a long-awaited necessity, as people today take too much risk, letting their crypto assets
controlled by the central organization. 
Platforms controlling their assets. 
money, because they believe that they have no choice. 

point that gives people this choice.
BtcCredit is a universal decentralized wallet that gives you complete control over Blockchain assets.
Hold, exchange, lend, lend, invest and bet.
This document describes the structure of the next generation decentralized banking ecosystem, which is based on
decentralized multicurrency wallet, decentralized p2p lending and decentralized p2p exchange

P2P Lending Market Analysis
It is quoted that “according to Morgan Stanley, the global market market for lending can reach
$ 290bn. 

Credit Market Correction
Today, interest rates adjusted for inflation in different countries vary depending on the available liquidity. 
high market liquidity, Europe, interest rates are in the range of 0.5-5%, in Russia 12-15%, in India 12% and in
Brazil 32%. 
world. 
value can be created in the process, especially with the help of arbitration capabilities.
Banks charge 5–12% interest on loans and reimburse you 0–1% for keeping your assets. 
the growth of cryptocurrency and blockchain, now you can become your own banking institution.
BtcCredit makes this a reality for you. 
what interest rate, and it is in what mode. 

How it works?
As a creditor, the user logs in and replenishes his USDT-generated wallet. 

creates a credit profile in which its acceptable credit parameters are recorded. 
becomes part of the "credit market".
As a borrower, the user logs in with his generated bitcoin wallet. 
wallet forms a pledge against a potential loan. 

"Credit market".
The internal logic of the system automatically matches and offers existing loans and borrowers. 
The lender can also manually select from a set of loan offers or borrower requirements.
Once a loan is chosen, and both parties agree with the parameters in the book, the “handshake” is said to have
will happen, which will lead to the deployment of a smart contract on the Ethereum network.
The borrower's wallet will be funded by the requested USDT, and a repayment schedule will be created.

P2P Crypto Exchange
This is the second main feature of the platform, which aims to provide users with an ecosystem.
where they can directly exchange cryptocurrencies with each other in the decentralized P2P market.
No third organization will interfere with the functioning of this decentralized P2P market, as it will
directly controlled and maintained by the software supported by Blockchain. 
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The system will automatically be able to associate buyers with sellers based on the conditions they prefer.
● The lender logs in
● transfers funds to your wallet
● Places a sell order
● sell order goes on sale
● The buyer checks the range of available sell orders.
● Buyer and seller match
● Buyer and seller agree on the best price
● Buyer satisfies demand and transfers funds
● The transaction is completed
● Seller receives funds in his wallet

Road map
Q4 2018
Launch P2P Crypto Loan System
The journey begins with borrowing, launching a peer-to-peer crypto-credit system.
A smart contract for Ethereum
LDT Token Contract, BTCC Token Contract.

Q1 2019
Run the USDT credit system
Users can borrow USDT with the support of LDT and Smart Contract tokens
Getting applications available on mobile phones
Getting a mobile-compatible Lending platform.
Obtaining licenses
Purchase of a crypto-wallet and credit licenses
Crypto wallet launch

Q2 2019
The list of BTCC tokens in our credit system.
Users can now lend using BTCC tokens and can use BTCC as security.
Starting P2P Exchange
Launch of the Peer-to-Peer cryptocurrency exchange platform.
3 quarter 2019
Launch plan
Starting a tariff plan for an investor who will benefit from participating in the BTCC / BTC as a bet
ALT coin lending and collateral
Users can now borrow with Alt Coins and can use Alt Coins as collateral.

Q4 2019
Crowdfunding platform
Peer Crowd Funding Platform
distribution
team
Srirang Muli
Kirankumar Kapoor
Mayur Shrivastav

Advisory team
SANG JAE SEO
Jason H. Young

Information

fatimahzahra
https://bitcointalk.org/index.php?action=profile;u=1743266
0xE0A253242eA5275282AE14724D833a49368Af8cA

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