Quote from: logictense on August 29, 2018, 08:11:41 PM

Quote from: DoctorCripto on August 29, 2018, 07:38:06 PM

The technology that your project will be built INLOCK? Why did you decide to use blockchain technologies? What are the advantages?

Mix between three reincarnated techs that were said to be dead for a very long time. One is based on simplicity and responsiveness of the litecoin blockchain.

Why do we need blockchain you wonder?
Here's the relevant section of our tokenomics document, click on the link below to read the whole thing

https://ico.inlock.io/wp-content/uploads/2018/07/Tokenomics_v12.pdf

The INLOCK platform enables parties to offer and request loans freely, as well as
browse existing ones.
From that point forward the platform does not participate in contracts created by
those parties, unless they jointly decide to modify the contract.
The INLOCK platform prepares a smart contract to record the legal relationship
between parties which is then digitally signed by INLOCK and 3 independent actors,
giving them certain rights. The actors are the Borrower, Lender and Collateral
Manager, who handles the collateral for the entire duration of the loan.
Thanks to the decentralized Blockchain the uninterrupted operation of the smart
contract is ensured throughout the loan duration without any intervention being
necessary from INLOCK. Furthermore, smart contracts running on the Blockchain
contain trustless evidence and tasks which guarantee the integrity of all actors.