Introduction
Cryptocurrency has transformed the financial industry today - where at first cryptocurrency was only used as payment and/or investment, now cryptocurrency can be used to make loans with a protocol, namely decentralized finance or commonly abbreviated as DeFi. With this protocol, people can lend their assets to others and get interest from it.
But DeFi functions not only that, developers can apply traditional financial instruments to a decentralized platform which is usually based on Ethereum. With this protocol, developers can develop decentralized applications such as to lend, swap, liquidity pool, etc.
Cobalt Lend is a platform that allows people to be able to borrow and lend capital. With this platform, it is hoped that businesses can easily borrow and lend their capital to others and get rewards from their participation.
Welcome to The Digital Revolution
Just imagine there is a community where every participant in it can borrow and lend their money to others and get rewards from their participation? a community where when small businesses with funding difficulties can get capital easily without having to bother to borrow from the bank? yes, the community is Cobalt Lend, this is a community-based platform, which allows every participant in it to lend their assets or borrow capital as long as the community approves it.
Cobalt Lend institutes a blockchain protocol that allows for community-approved lending at minimal fees and low overhead, with both the borrower and the community benefiting. Because everyone needs to be empowered and entitled to a loan for business or other things, and Cobalt Lend is tired of seeing these people being turned down and the traditional credit system broken, with the rich getting richer. Therefore Cobalt Lend is here as a platform that will change this broken system.
Cobalt Lend Features
Borrowing & Lending: Users can lend their excess capital to other users who need it and get profit from the loan interest. Everything can be done easily via mobile phone.
Cobalt Lend Software Suite: Software developed by Cobalt Lend, which allows processing cryptocurrencies and credit cards together in one mobile Dapp without going through or adding additional hardware.
Small Businesses: The focus of Cobalt Lend is to empower businesses that are struggling to get loans. With Cobalt Lend, businesses can be facilitated by borrowing and lending in the same community easily and safely, so that the beneficiaries are the community instead of the bank.
Community voted lending: Every loan submitted by users will be reviewed and approved by the community. In this process, the community will not see race, religion, skin color, or other things, everything in the community will be equalized, the most important thing is the merit of the project and the collateral provided by the borrower.
Why Choose Cobalt Lend
After reading about what Cobalt Lend is, surely people will ask why Cobalt Lend? To answer this, Cobalt Lend is a platform built by professionals with US military and university backgrounds who are tired of the current traditional system, where the rich are getting richer. Cobalt Lend is a community-driven platform, where every participant's activity will be rewarded according to their participation.
No need to worry about user support, because if users have questions or have questions they can contact the Cobalt Lend team 24/7 via email or website. And if investors are looking for a platform that has the opportunity to develop in the future, then Cobalt Lend has good projections for the future with the progress that can be seen from their website. These reasons are felt to be sufficient to explain why choosing Cobalt Lend.
In Conclusion
Now is the modern era where people can get loans or lend assets from crypto platforms easily, safely, and make a profit from it. All of this can be done with a protocol built into the blockchain - and Cobalt Lend is a platform that allows people to borrow or lend their excess capital easily and safely. Cobalt Lend solutions enable businesses to borrow capital easily, without the hassle and headache of borrowing from a bank. Simply by merit of the project and collateral provided by the borrower, the community will determine whether the application is approved or rejected. It is a community that allows lenders and borrowers to benefit from their participation.
Keynotes
Cobalt Lend is a new way for small businesses to borrow & lend capital.
A protocol on the blockchain that allows for community-approved lending at minimal fees and low overhead.
Cobalt Lend is a platform built by professionals with US military and university backgrounds.
Every loan submitted by users will be reviewed and approved by the community.
Connect
WEB: https://cobaltlend.com/
TELEGRAM: https://t.me/cobaltlend
TWITTER: https://twitter.com/CobaltLend
FACEBOOK: https://www.facebook.com/cobalt.lend
Author
pinima
https://bitcointalk.org/index.php?action=profile;u=2894671
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