Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IEO by the Marshal Lion Group Coin - Tokenizing the non-bank loan market
by
bitinka
on 29/09/2019, 22:19:18 UTC
Can someone explain that to me? What are the credit conditions? Credit can take any user?

I think that Yes, loans will be available to all, different can only be credit plans.

Above, they wrote that the loan must be approved by the company, but this was the usual financial sphere. After the launch of the blockchain, the rules for issuing loans will probably be determined differently.

I think that thanks blockchain loans will be available for more number of people. But also it is important to check that loans would be returned.
Blockchain technology can ensure transparency in the implementation of the contract, but to guarantee its fulfillment, need to come up with some kind of smart contract. In any case, in order for loans to be affordable, people must have at least some money.