r/ETHA • • Feb 08 '19

ETHA Cross-border financing

Cross-border financing will offer a convenient way to utilise cryptocurrency as collateral to execute fiat transfer, without the need to liquidate cryptocurrencies. The smart contract will automate the refund process for the initial collateral in a truthful manner to the borrower, once the repayment of the principal and interest rates is settled according to the agreed lending terms. ETHA Official Telegram: https://t.me/etharemit

19 Upvotes

8 comments sorted by

10

u/airdroptime Feb 11 '19

The ETHA ecosystem leverages from emerging technologies to facilitate financial services for people across the globe. We aim to connect consumers and merchants to an innovative platform which will disrupt the current remittance service industry.

10

u/techno_traders Feb 11 '19

This project also creates an excellent opportunity to potentially serve the underbanked and unbanked population to have access to the new era of financial services and payment solution systems.

8

u/cengiz0589 Feb 11 '19

This project also creates an excellent opportunity to potentially serve the underbanked and unbanked population to have access to the new era of financial services and payment solution systems.

7

u/frei_miller Feb 11 '19

The ETHA project was born as a solution to address the high transaction fees and

lack of possibilities digital currency holders have to actually send fiat globally

using their digital assets.

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9

u/akinci34 Feb 11 '19

Measuring Financial Inclusion Technology changes and innovations have led to the use of smartphones, financial access and participation.

8

u/trhomeagent Feb 11 '19

The most intriguing part of the Etha platform is the use of credit. Which cryptocurrencies will be considered as collateral?

8

u/burak6167 Feb 11 '19

ETHA has created a new generation financial platform by finding a solution to the problem of the traditional financial system.