PNGME BLOCKCHAIN EMERGING MARKETS LENDING MARKETPLACE MSMES
Good day everyone. I would like to introduce you to PNGME project... Stay tuned!
In today's world, several people exists with several business ideas to the other. But majority are often confronted with getting adequate and necessary capitals to starting up these businesses. Friends and families find it difficult to Access adequate funds to starting up their potential businesses in the Emerging Markets. The adverse effect of this is that it poses great threat to any nation's economy-growth.
The MSMEs sector sets in. The Msmes sector is a micro small and medium scale enterprises has been said to contribute tremendously to every nations growth economy. However, these enterprise faces a lot of challenges as getting adequate credits or laons to embark on the businesses becomes difficult. Here is where PNGME Project sets in to tackle. PNGME project comes in to become the alternative lending platform which gives investors, institutions and borrowers alike the adequate access to funds towards funding and starting up their desired businesses.
In this publication, I shall discuss what PNGME platform is, How it uses block chain technology to achieve its aims and goals, its pngcoin and the solutions of the PNGME.
WHAT IS PNGME!
Pngme is an alternativ global lending platform which provide investors with the adequate access to funds towards starting up their desired businesses in the emerging markets. In other to fully achieve this, PNGME utilizes the followings:
- Blockchain technology.
- Decentralized rate setting algorithms
- Digital credit scoring.
Utilizing these core values has greatly given PNGME platform an edge to establishing an open, secured, fair and transparent lending platform where borrowers who lack necessary funds to starting up their businesses can easily acquire low-cost capitas.
Investors on the other hand are not left out in this paradigm of shift. With the PNGME platform, investors are also not left out in the process as they can now have access to adequate alpha.
Compared to the traditional marketplace lending and capital markets where exchange rates are centralized and controlled by a few persons, Pngme utilizes; - Novel auction.
- Matching algorithms etc.
These enables PNGME to accurately and adequately price coupon rates on a new class of digital bonds made up of high yield loans.
SOLUTIONS BROUGHT BY PNGME PLATFORM
In other to solving the common problems with the Lending markets and the Msmes system as a whole, the PNGME platform establishes a decentralized platform using the blockchain infrastructure layer which is integrated with banking infrastructure that makes the processes of transactions faster and transparent, asset settlement, and collateralization of loans using digital and tokenized physical assets. The Pngme platform works in the following ways by matching lenders with borrowers using its matching algorithm which presents loans to lenders based on its proprietary risk assessment and digital credit score.
UNIQUENESS OF PNGME PLATFORM
Below are what makes the PNGME platform stand out amongst other platforms of its kind;
Pngme uses the block chain technology in its operations towards making payments easier, faster and transparent.
The PNGME Mobile Banking App is yet another distinguished thing about PNGME. With the Pngme Mobile Banking Application, users will be able to have access to every features of the Pngme platform right on their mobile app.
The Pngcoin. The Pngcoin is the native token of the PNGME platform. The Pngcoin shall be used for a lot of purposes on the platfor.
CONCLUSION
Current Marketplace lenders set loan rates using inefficient credit models. The implications of this is that coupon rates on these bonds can end up trading at a discount to par value as the loans underperform their risk profiles.
The problems of the Marketplace lending sterns from the fact that these platforms price and rate setting is centralized based on risk profile and the platform’s scoring methodology, not by the buyers of the loans themselves. But PNGME platform establishes a decentralized platform using the blockchain infrastructure layer which is integrated with banking infrastructure that makes the processes of transactions faster and transparent, asset settlement, and collateralization of loans using digital and tokenized physical assets.
USEFUL LINKS
Website: https://pngme.com/
Whitepaper: https://docsend.com/view/x4ts5tm
Telegram: https://t.me/pngmecommunity
Twitter: https://twitter.com/pngmemobile
Facebook profile: https://www.facebook.com/pngme
Author
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