Quote from: maincoon on November 07, 2017, 12:00:59 PM

Quote from: cafucafucafu on November 07, 2017, 08:10:26 AM

Seems great but can i know what is the difference between say your platform, compared to traditional counterparts such as the likes of Bitbond? I mean i don't really get how your system will work alongside Ethereum.

If you could explain in a bit more detail that would be great.

How will collateral be held by the lenders?

Information asymmetry and adverse selection state that borrower has more information about his situation and motivation than lend. So adding collateral can add more information for the lender. There is scientific proven (Chan and Thakor 1987) that borrower willingness to provide collateral will be inversely related to PD. So adding collateral will reduce a PD.

Collateral will be held by smart contract - so investor cannot scam the borrower

Seems to me, it will process like a regular bank, that lets someone barrow money with collateral, while investors will gain profit from putting in their money. Compared to those previously hype Coin with Lending program, how do you plan to make this a succeful one, considering Lending platforms on crypto are now less popular?