Hello and thank you for the question,

First of all, Depository Network is Not a Lender. Every other project which is trying to operate in the same field is giving loans itself and storing collateral in itself. Everything there is happening on one centralized platform.

Depository Network is nowhere near that. We are the bridge between Lenders and Borrowers. We help both sides find what they are searching for: The Lenders are trying to spread their impact by dragging more customers and thereby increasing their market share whilst Borrowers are looking for a safe environment where they can receive a loan preferably from their favorite Lender.

Depository Network is making this happen by creating its DEcentralized Platform which will be used as a white label solution from Lenders. This means that every Lender himself can use the Platform and rebrand it as if it is his own invention, which saves a lot of money, time an energy for them. This also frees Depository Network of matters like regulation or data storage because the Lenders will take care of this depending on the country they are operating from.