Quote from: galaxiekyl on October 19, 2017, 06:49:42 PM

Quote from: a.north on October 16, 2017, 10:02:35 PM

I like the looks of this project so far.
Question: How does this compare/contrast with WeTrust (TRST)?

WeTrust seems to have several projects in the works, the first and one I've heard most about being their "trusted lending circles" where one can "build and access credit with trusted groups."

With this description, I think of the Grameen Bank and their micro-finance programs. The bank offers small loans to individials, typically in developing and third world companies, to pursue various entrepreneurial activities. Borrowers join peer group borrowing circles with other borrowers in their community which improves repayment rates significantly.

I have no idea if TRST is based on a similar model, as I'm yet to dig in further, would be interested in other's input.

SALT, on the other hand, seems like a more traditional, collateral based (one's coins) lending platform.

I'd be interested in hearing folks' thoughts on these and or other, similar platforms, as well as any additions/corrections to my understanding of the platforms.

i think it is mainstream project..because salt valid borrower according to their will..you are not need that if your warranties are pawned..just smart contract..it is whales to whales market for all conditions you can read in faq..with p&d token.

I'm sorry, can you say that again?

SALT membership isn't required for lending?