Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Pre-TGE]🌐👥🌌Crypt-ON - Multipurpose blockchain platform🌌👥🌐
by
basil-usa
on 26/10/2018, 09:10:57 UTC
Greetings Crypt-On. I see the concept and the idea of the project, but can you provide me more details on P2P? I mean the P2P concept is quite undiscovered by me...

Hello mate. Well, basically, P2P lending or peer-to-peer lending or crowdlending is a type of contractual loan relations, which excludes intermediaries in the face of banks and other financial institutions, charging a fee for the transaction. The main idea reflected in the name “P2P” — it also means "person-to-person"