How about providing financial opportunities to the holders of a digital asset, the crypto currencies? With various resources and the means to solve them, a group of like-minded people with business development interests have come up with the solution of providing the crypto currency users with financial management of their fortune. This will bring direct benefits to the people and the one who rely on them too. A fintech startup based out of Europe focuses on providing its users with best opportunities for fiat and crypto investment. Individuals are gifted with variety of financial aids such as loans, currency exchange and many more.
For turning the needs into reality, this economic giant, eCoinomic.net provides financial services platform for crypto currency owners. Its first product is providing fiat loans backed by crypto collateral. Written in python programming language, eCoinomic.net runs on ethereum platform based on blockchain technology.
FUNCTIONALITY
There are various strong points which makes this lending platform stand apart from others. It provides a great deal of services which are listed below.
It takes the help of built-in payment agents, as a result of which the crediting time for financial funds will take a few minutes. Thus speeding the process of fiat money transaction.
They offer multi currency acceptance. It issues loans in various currencies such as USD, EUR, CHF, CNY, GBP, JPY.
It has a price monitoring system which checks the collateral value every now and then based on live data from various crypto exchanges.
With the help of insurance reserve fund, it enhances the attractiveness of the project for large and small investors
The utmost important feature of providing security and transparency is done by regulating blocking procedures with the help of smart contract, thus providing an opportunity to invest in crypto currency market safely.
There is a rapid growth in the value of digital asset and therefore this platform looks forward to provide the best of interaction between the lender and the borrower and bringing out a safer hand in crypto investments.
This network consists of two parts i.e. the lenders, who are the financial institutions that provide fund for this network such as investment banks, funds. The second are the borrowers who are willing to take the loans such as individuals. This unique platform connects individuals to financial institutions. It provides benefits for both the crypto owners and the investors.
CONCLUSION
The plethora of services which this network provides aims at safer investments using crypto currency as a collateral. With this technique, they solve the existing problem where digital assets are not served as collateral.
This network adds charm to the crypto investments by offering fast and easy way to get fiat loans on a secured and reliable platform. The organization also follows a loyalty program to retain its customers. This provides a unique opportunity for crypto owners to put forward their destiny in the first stage of development offering low risk profitable investments. So the choice to whether opt for the future or not is completely yours.
Website – https://ecoinomic.net/
Whitepaper – https://ecoinomic.net/docs/whitepaper
ANN – https://bitcointalk.org/index.php?topic=2878954
Telegram – https://telegram.me/eCoinomicchannel
Published by mcdreamy
Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1195567