the solution offered by this project is very interesting. I want to ask about one of the solutions listed by this project, when there are people who borrow without guarantees is it safe and how is the system used to anticipate someone who does not return the loan?
yes, it will be safe. We will know because we are just like the banks. have late payment fees
We also have debt collection agency in case borrowers default on the loan.
Borrowing without collateral will only be available to certain countries.
We are based in Indonesia, and Indonesia has countless apps that allows users to borrow without collateral. We will expand from it.
We have studied each of their system. And will expand to other countries who can give us license to operate.
The system, in this case, smart contract, will check for those who are late in payment also.
We will take then take the necessary actions.