Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POS][MASTERNODE]⚡️PayDay-Unique global loan mechanism based on blockchain⚡
by
crytocyprus
on 29/04/2018, 10:27:24 UTC
I can`t understand how you can be useful to business? with Personal loans is less understandable
Strangely, any business is built on credit relations.
Yes, if we talk about fiat. I meant cryptoworld. After all for many participants it is problematic to withdraw fiat or pay salaries to employees even now.

Actually a lot of businesses start from the loan. What the difference between the bank or personal loan? Nowadays we have a wide possibilities to get funding all over the Internet.

Huge businesses won't take loans from simple people, they'll prefer lower risks and one big loan provider with a great reputation

I can't agree with you. The loan from "simple people", as you called it, is croudfunding. And that way of funding is developing right now and will become more and more popular. Projects like PayDay will gather a lot of clients and huge community.