The Deal Coin Solution

in cryptocurrency •  7 years ago 

1 Borrower & Investor

Borrower Lender

Borrowers complete the application form on our Decentralised Application (Dapp), supplying Know Your Customer information & application levy paid in The Deal Coin.

The Dapp connects securely to the Deal Lending Solution Database (DLSD), where the information is verified.

Asset verification and securitisation – valuing borrower’s asset against loan value. Application Underwriting – protecting contract with smart insurance. KYC - Identity Verification. Once verified, loan application is listed within the DLSD.

Investors complete the KYC information to view and connect seamlessly with borrowers globally to discuss rate or terms acceptable to both parties.

2 Funding Loan

Borrower Lender

The Lender exchanges their Deal Coin to Deal Tokens, the internal token for the DLSD, Deal tokens are pinned on a 1:1 coin to GBP.

The Deal Tokens that are transferred through the DLSD are fully integrated with the Deal Contract a legally protected agreement and secured by blockchain protocols & the blockchain cybersecurity shield.

This includes but is not limited to;

Borrowers Application Borrowers Know Your Customer (KYC) Information Smart Insurance Policy Asset Securitization Credit Referencing Lenders Know Your Customer (KYC) Information Agreed Rate Repayment Frequency Terms of Loan Agreement Borrowers and Lenders Legal Contract Arbitration process Debt collection provisions.

The Deal tokens are released and converted into the borrower’s local currency.

3 Administration & Repayment

Borrower Lender

The DLSD administers the loan, ensuring all terms, loans and interest are satisfied,

able to invoke smart Insurance, arbitration process or debt collection loan terms are not met.

The borrower, having reached the end of their deal contract, pays final amounts into the Dapp, converting their local currency into deal tokens.

The Deal tokens are then transferred through the DLSD to confirm the terms of the

contract have been fulfilled before being released to the lender.

Within the DLSD ecosystem, protocols are in place to protect lender against volatile currency activity.

If fluctuations have occurred the investor can choose to reinvest their Deal Tokens with another borrower, or exchange to a FIAT or crypto currency of their choosing.

This combination of blockchain technology, connectivity and global reach offers unparalleled advantages for both borrower and investor alike.

Companies from around the world will be able to raise finance for all types of funding requirements , these include;

Short Term Cash flow, Property Development, International Trade Finance, Asset Finance to purchase machinery, Technological Innovations, Supply Chain Finance, Green Energy Projects, Waste to Energy Plants, Medical Innovations, Company Vehicle Finance.

We Fund Any Deal are already regulated by the FCA in the UK, it is important to note that our platform will operate under the proper regulatory framework for each jurisdiction.

We will maintain our high standards of regulatory compliance at all times.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://wefundanydeal.io/