Lendingblock (LND)The first cross-chain lending platform for the crypto economy.
What Is Lendingblock?
Lendingblock is an open exchange for cryptocurrency loans, where borrowers and lenders are instantly matched in simple, safe and transparent way.
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.
- Smart Contract System
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.