Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Pre-TGE]🌐👥🌌Crypt-ON - Multipurpose blockchain platform🌌👥🌐
by
eleonora0x
on 17/10/2018, 12:55:29 UTC
Hey community. What exactly does P2P lending means?

Good afternoon, this means that Crypt-ON allows users to issue p2p loans between each other, assessing the credit quality of your counterparty using trust token (cryptographically protected reputation)


And trust token is a thing connected with record of user's activity, yes?

Well, pretty like this. That's cryptographically secure rating of user trust containing records of all his operations on the platform.

And it is all securely stored right on the platform, yes? I mean transaction history of users etc

Yep, you are absolutely right Smiley

And what does it stay for? Some kind of balance?

Well, pretty like this, yep. The use of a stablecoin will provide an opportunity for more trust in the parties that make the deal

So it kinda brings more equity?