Quite an interesting video to watch, simple, clear and concise, I think this is one of the much needed move we so look forward to in the loan industry where I don't necessarily have to go to those around my social group to get loans
I recommend this video to anyone reading to watch, it captures Loansbay concept beautifully
There is a lack in the general credit/loan arena which the blockchain according to the whitepaper seems to solve quite well. I think the trickiest part would be the KYC of participants.