Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Depository.Network - The First Decentralized Collateral Infrastructure
by
DepositoryNetwork
on 25/10/2018, 09:02:23 UTC
I do not understand the meaning of your project, banks do not need decintralization


Hey there,

We are not aiming to decentralize banks. We are decentralizing the process of taking a loan in the whole cryptocurrency sector by giving the Lenders (Banks, Credit institutions and all types of P2P Lending Platforms) an opportunity to increase their market share by taking advantage of this newly thriving sector where they can facilitate the procedures by giving loans almost instantly.

As for the borrowers, they will have the possibility to chose among many lenders as per their experience and trust.