The problem with the acquisition of housing is quite acute in the world. To accumulate the amount needed for the purchase requires a long time. And in this case, accumulation depends on the influence of possible denominations. Many people don't want to wait and take risks, and also pay mortgages, and take out mortgages, which are currently the most expensive loans. After all, even though the event is low, the impressive repayment period for a mortgage loan and the overpayment in interest is often the same as the amount of the loan itself. For banks, mortgages are the most lucrative loans, by receiving income received and stable accounts in the form of loaned real estate. But from an individual point of view, this is an expensive obligation, not for a decade. The Homelend platform allows lenders and borrowers to interact directly,
Homelend's main feature
Homelend is a decentralized blockchain-based platform that allows mortgage loans to grow at a new level. On the platform, housing sellers (whether it's builders, or just individuals) interact with buyers. All transactions occur with the use of smart contracts under the P2P scheme, which significantly reduces the amount of overpayments. The peer-to-peer model ensures that job security is maintained and fully automated.
Benefits of Homelend
Homepage allows you to simplify the loan scheme. Using artificial intelligence projects does not include red paper tape and loan processing time for a maximum of 20 days.
Submitting a mortgage is now easy and convenient - everything happens automatically. Artificial intelligence helps to choose the appropriate option according to the specified parameters. The homelend filter is quite broad and is intended to satisfy the most demanding users.
Homelend allows tracking the status of online applications. There are online chats with creditors on the platform, which allows you to resolve problems quickly. Also, 24/7 support services can be involved to solve problems.
This work is based on DLT technology, which allows creditors to invest their money safely. Calculations for Homelands are built with the use of smart contracts, which guarantee high-speed transactions and reliable money security. All documents stored on the platform are protected by cryptography for protection from theft.
The project's business model is based on every transaction of each transaction, which is deducted from creditors and borrowers with the same portion.
Homelend cryptocurrency
The main function of using cryptocurrency is to open access to the Homelend project. Also HMD tokens are designed to manage a mobile and safe workflow. In March, the pre-sale tokens ended. The crowdsale date has not been appointed. The company has released a limited number of HMDs - 250 million units. Tokens are developed according to the ERC-20 standard, which allows paying for purchases with both fiat (dollars) and cryptocurrency (ETH, BTC). For one ETH, you can buy 1,600 HMD. Softcap project is $ 5 million, hardcap is $ 30 million.
Summary
As such, Homelend develops innovative solutions, which provide investors with direct financing of mortgage loans thanks to blockchain technology. This type of loan is considered a reliable type of investment with high profitability. Buyers, in turn, will be able to save significant amounts on payments to bank intermediary services.
In addition, Homelands will generate a database that can be accessed by each participating user, to reduce document processing. The smart contract will automate several tasks and processes, helping to reduce manufacturing time, which is now an average of 50 days. The full version of the project will be available in mid-2019. Interested investments will be primarily allocated to project technical development and marketing campaigns.
Link:
Website: https://homelend.io/
WhitePaper: https://homelend.io/files/Whitepaper.pdf
Telegram: https://t.me/HomelendPlatform
Facebook: https://www.facebook.com/HMDHomelend/
Twitter: https://twitter.com/HomelendHMD
Media: https://medium.com/homelendblog
ANN: https://bitcointalk.org/index.php?topic=3407541
Author: Nengdayanti
Profile: https://bitcointalk.org/index.php?action=profile;u=1687217
ETH: 0x445CD0422b50F8f870c288D2e78762E3a3b34308