Description is quite large. But, unfortunately, there is little concrete and much pathos. A type of enthusiastic people. And how is enthusiasm monetized?
We first want to think about how to solve somebody's pain, if we do it successfully, monetization will not be a problem. We proved that number of times through our own experience. Having said this, I am not naive -- I know how we will monetize. In marketplace lending monetization comes from linking lenders with borrowers and providing services to both.
Lenders want to choose the right borrowers, generate returns and get their money back. We will offer loan origination (marketing, customer support, application processing) credit underwriting (scoring, verification and identification) and money delivery both-ways (disbursement and collection) and debt collection. Data integrity and transparency will be provided through the blockchain.
Borrowers want to get their loans fast and easy. To them we will offer user-friendly microloan products through a desktop or mobile device 100% online. They will be able to get cash in fiat currencies to their bank account or through local networks of cash disbursement and collection agents in each market of our presence.
That's how we meet the needs of key users of the platform
and charge fees for our services. Ultimately, lenders will be able to generate double-digit returns typical for emerging markets. While borrowers get recurring access to credit that is not currently available.