Hello @sj_p , Thanks for commenting
Sorry we replied late🙏🏼
We have a different system which is peer-to-peer, and use a unique smart contract
The advantages and differences of Our peer-to-peer are as follows:
● Full control:
Users can have full control over the loans and borrowers they choose, including the interest rate, term, and loan amount.
● Transparency:
Peer-to-peer platforms are often more transparent than traditional financial institutions. All transactions are recorded on the Explorer, so they can be checked by anyone.
● Low cost:
By eliminating intermediaries such as banks or traditional financial institutions, transaction costs can be reduced, benefiting both lenders and borrowers.
● Global access:
The Platform allows users to interact with individuals from around the world, opening up opportunities for portfolio diversification.
● Ease of use:
A good Platform will have an easy-to-use user interface, as well as responsive customer support.
● Security:
Our technology provides a high level of security through encryption and well-programmed smart contracts.
● Investment diversification:
Lenders can diversify their portfolios by lending assets to a wide range of borrowers, thereby reducing risk.
● High profit potential:
Higher interest rates compared to traditional savings can provide opportunities for greater passive income.
● Financial inclusiveness:
Our platforms can provide access to financial services to individuals who did not previously have access to the banking system.
And there are many more uses and differences between our platform and others, please comment if you experience confusion😄