Lendingblock is an open exchange for cryptocurrency loans, where borrowers and lenders are instantly matched in simple, safe and transparent way. Put simply, they’re introducing securities lending to the crypto world.
The Lendingblock platform is a self-contained ecosystem for fully collateralised borrowing and lending of crypto assets. It is comprised of An open, real-time exchange linking borrowers and (multiple) lenders that transparently provides best execution for both parties at the market clearing interest rates. LendingBlock also hosts A smart contract based operational system that implements the terms of the lending agreement created by the exchange, including initial transfer, interest payments, collateral management, default processing, and repayment.
- Lenders including individuals and institutions can simply and safely earn additional income on long term investments
- Borrowers including funds, investors, market makers and traders can access assets to support trading, fund working capital, or investment funding needs
- Actively managed collateral and advanced cryptographic security protect both borrowers and lenders
“Lendingblock is creating the financial and technical infrastructure for lending within the cryptoeconomy. The Lendingblock team has outstanding real world experience in finance and technology, and a shared passion for the world of blockchain.”
Positives -
- Lendingblock’s Team Are Extremely Experienced with All Aspects of Finance and Financial Services. Steve Swain (Lendingblock CEO and Co-founder) Has Worked with Companies Such as Deloitte, PwC, UBS and Macquarie Group. Luca Sbardella (CTO at Lendingblock) Has a Vast Resume of Technical Experience with Groups Such as Dynamic Quant Ltd, Citi Group and BMLL Technologies Ltd. LendingBlocks Team Is Very Impressive.
- Being a Crypto-to-crypto Lending Platform, LendingBlock Manages to Avoid a Lot of the Regulatory Stuff That Comes with Regular Crypto-to-fiat Services. We Won’t Attempt to Go into the Regulatory Details, but LendingBlock Has a Pretty Smooth Road in Front of Them. LendingBlock Enables Cross Chain Crypto-to-crypto Collateralised Lending, Perfect for Those People Wanting to Keep Funds on the Blockchain, Rather than Just “Cashing Out”.
Concerns -
- LendingBlock Are Targeting Large Institutional Investors. They’re Really Going to Have to Push the Marketing Side of Things to Get the Attention of These Customers. The Regular Cryptocurrency Investor Doesn’t Typically Have a Need to Take a Loan of $100,000 out on Their Crypto-assets. Institutional Investors Are Definitely Looking into the Best Way of Handling Their Crypto-assets and LendingBlock Needs to Get in Front of These Guys If They Want Their Business.
- The LendingBlock Website Doesn’t Really Have a Huge Amount of Information Available on the Homepage. It’s Pretty Easy to Understand What LendingBlock Is Trying to Do but from the Outside, LendingBlock Looks like a Pretty Stock Standard Lending Platform. It’d Be Great to See the Website Updated with More Information, Especially Some Information Pointing out the Differences That They Offer over Other Platforms. For Now, Go Straight to the Whitepaper
Official LND Exchanges -
Official LendingBlock Links -