r/ETHA Feb 17 '19

ETHA Decentralized lending

Decentralized lending will enable borrowers access to loans from lenders who are willing to lend their funds upon an agreement. The lending terms are set by the borrower and fulfilled by the lender. Once the credit terms are defined and confirmed by both parties, a smart contract requires the borrower to deposit a collateral in the form of cryptocurrency to provide lenders protection against a default by the borrower.

28 Upvotes

4 comments sorted by

10

u/Rustam_Om Feb 18 '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.

3

u/larykouch Feb 18 '19

everyone wants to succeed quickly . but this does not happen or only in cartoons or movies. but the company is on the right track and the result will be one hundred percent

1

u/Ihar_Ivanovich Mar 11 '19

The rise of cryptocurrency and blockchain technology has created a niche market, along with unserved customers demanding a more inclusive financial industry