Financial

Peer-to-peer Lending Credit: a breakthrough in cryptocurrency transactions

Published

on

What is P2P2C?

PEER TO PEER TO CRYPTO (P2P2C) is a peer-to-peer lending form of digital money between ETM and BTC, ETH, USDT, XRP, BNB. It uses blockchain technology platform allowing borrowers and lenders to connect directly with each other without the need for financial intermediaries such as banks or credit institutions. 

Ethersmart: P2P Lending Credit

Ethersmart Digital Banking is a bank that can perform most banking transactions online through the internet. Digital bank transactions allow you not to go to a bank branch and minimize the paperwork involved. At the same time, the digital banking feature can be performed anytime, anywhere, regardless of time and space.

Ethersmart.org is the most successful project in 2020 as it has built a reputation with the financial market and an intelligent development process towards a picture of sustainable growth to protect investors’ capital, share the income equally for all members. Especially, the ETM token is an intermediary coin in the super profitable ecosystem, where casino billionaires can use ETM to increase their assets hundreds of times. 

Peer-to-peer lending credit brings benefit to both borrowers and lenders about interest rates. Lenders enjoy higher interest rates than savings rates. Borrowers enjoy lower interest rates. Besides, they are always guaranteed ETM numbers and collateral are BTC, ETH, USDT, XRP, BNB

ETM teams want ETM to be traded more on satellite products in order to increase your ETM hoard profits even higher.

The potential of blockchain 3. 0 of Ethersmart launched in 2022

Ethersmart Digital Banking is a bank that can perform most banking transactions online through the internet. Ethersmart applies blockchain to bank in order to provide EDBank with a customer identification system based on a distributed ledger. This is really effective because all banks and credit institutions must have a KYC (Know Your Customer) authentication process.

Blockchain Ethersmart allows users to verify identity with just one simple step and this information is stored, authorized to other banks in the system. Financial and banking operations are directly related to deposit and loan security. 

When EDBank applies blockchain technology, the whole distribution system of deposit and payment will be decentralized and will not be controlled by any individual or organization. Or as simple as insurance, utility, commercial payment . . . 

Instead of the traditional way of working, the payment above will be done automatically. The system will operate on smart contracts, verify automatically and without delay between parties.Moreover, the payment process is instant.

Statistically, more than half of today’s top regulators acknowledge that blockchain plays a key role in the success of banks as well as financial companies. Analysts also emphasize that banks around the world will save $ 80 billion by 2022 by adopting blockchain technology. Some financial analysts believe that, in the near future, blockchain will replace existing bank transfer systems.

Trending

Exit mobile version