$ 0.000 3.69%
Lendingblock (LND) Rank 3744
| Mkt.Cap | $ 0.00000000 | Volume 24H | 0.00000000LND |
| Market share | 0% | Total Supply | 1000 MLND |
| Proof type | N/A | Open | $ 0.0002 |
| Low | $ 0.0002 | High | $ 0.0002 |
Abstract · Lendingblock whitepaper
These services include exchanges, payment systems, and crypto based lending and financing. While exchanges and payment systems integration exist and will continue to mature, lending services that allow holders of crypto assets to generate interest income are only beginning to emerge in their most basic forms. Cool idea OP, do you plan to have bounties to get the name of LendingBlock out there?
The distributed nature of blockchains creates potential uncertainty as to where and how disputes should be resolved. Even if crypto lending arrangements are documented using smart contracts, disputes may still arise over enforcement of non-blockchain collateral, valuation of collateral on enforcement, breach of subsidiary obligations by lenders or borrowers or on the insolvency of a borrower. There may also be disputes with the operator of the crypto lending platform and any security trustee, especially where they are required to exercise discretion, such as in the liquidation of collateral.
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The end users of Lendingblock will be entities looking to borrow or lend cryptocurrency assets. These entities, whether retail or institutional will fall under two categories - lenders and borrowers. Securities lending is the transfer of assets from a lender to a borrower, who in return gives the lender collateral assets. The borrower pays the lender a fee each month for the loan and is contractually obliged to return the borrowed assets at the end of the loan period.
The Cryptocurrency market is not regulated in the UK and most other territories, which means that you will not have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme or their equivalents. No crypto news related to LND found, if you're aware of anything related to Lendingblock, please let us know.
South Korea will oblige cryptocurrency exchanges to pay taxes
Where appropriate, the firm is building provision for future regulation into its platform and processes to avoid unnecessary cost or potential restrictions inits freedom to operate brought about by future implementation of regulations. The smart contract nature of the arrangement will have significant effect on the drafting.
ICObench is an ICO rating platform supported by investors and financial experts. The Lendingblock team is comprised of founders, employees, and advisors united by a shared vision, and by outstanding academic and practical experience in financial services and technology. This whitepaper contains forward-looking statements or information (collectively "forward-looking statements") that relate to the Company's current expectations and views of future events. In which the Lendingblock (LND) token, token sale process, and launch plan will be described. Lendingblock continues to monitor the regulatory landscape closely and to anticipate potential future changes.
At Lendingblock, we believe that creating the financial infrastructure for blockchain based securities lending will address a critical and unserved need. Numerous exchanges offer the ability to do margin lending on their own exchange platforms. However, these loans are self-contained on centralised platforms making it impossible for the borrowed funds to leave the platform. This diminishes the ability for borrowers to enter into any sophisticated trading or arbitrage strategies. Borrowers and lenders are also highly dependent on the security and availability of exchanges, making their funds susceptible to exchange insolvencies or outages.
LND price historical chart
The contract will not be entirely based on code – there will be a natural language version of the contract, but some aspects of the contract will be discharged automatically by the smart contract elements coded into the distributed ledger programme. For those aspects of the arrangement which are to be discharged by the distributed ledger programme, the natural language version of the contract will be drafted in way that supports coding. In particular, the choices that are to be made will need to support Boolean logic.
salt and lend aren't doing very well either because of the bear market alive at the moment but at least they managed to hit big league. the lending market is not by far full and this project can have a part of that if it delivers it's promises.
Optimistic- crypto market capitalisation will grow at annual compound rate of 200%, including issuance of new assets and appreciation in value of existing assets, reaching a total of $4 trillion in 2020. Annual growth rate of the crypto economy, based on a starting point of $500 billion which represents current digital asset market capitalisation at the end of 2017. to initiate and authorise transactions when the Lendingblock smart contract decides that that should be the next course of action. The oracle therefore does not make any decisions but rather takes the smart contract outcomes as a source of truth and acts upon it.
- Lendingblock is an open exchange for cryptocurrency loans, where borrowers and lenders are instantly matched in simple, safe and transparent way.
- The Lendingblock business proposition is applying traditional securities lending (repo and stock loan)concepts to the crypto currency markets.
- The LND token plays a critical part in this ecosystem, functioning as the sole medium for payment of interest by borrowers to lenders, and as the sole medium for payment of Lendingblock platform fees.
- ICObench is an ICO rating platform supported by investors and financial experts.
- The Lendingblock team is comprised of founders, employees, and advisors united by a shared vision, and by outstanding academic and practical experience in financial services and technology.
Upcoming ICO
It is expected that the market of cryptocurrencies and digital assets will follow a similar evolution in the credit markets with regards to financing but with a faster rate of adoption given the transparency and fluidity of the market. The value of securities on loan in the securities lending marketplace has reached $2trn in 20171, this makes up 12% of all stocks and bonds in circulation. A platform that facilitates peer-to-peer borrowing & lending of cryptocurrencies & digital assets, offering institutional-grade securities lending functionality.
Lendingblock is an open exchange for borrowing and lending cryptocurrencies and digital assets. It allows borrowers and lenders to enter into fully collateralised crypto vs crypto lending agreements. Lenders can earn incremental interest income on their long term investment in digital assets, while borrowers can use their digital assets as collateral to enable borrowing to support shorter term trading, hedging and working capital needs. Lendingblock is creating a parallel financial service for the crypto economy to securities lending in traditional capital markets, a market that has $2trn of assets on loan and generated $4bn of revenue in 2017.
Also, on enforcement, the lenders would not be entitled to receive the collateral directly without a court order - instead, the collateral would need to be disposed in the market and the proceeds distributed to the lenders, with the excess returned to the borrower. Lendingblock is creating the infrastructure for securities lending for the crypto economy. Using an assumption of adoption of lending in the crypto economy to be half the rate the norm in securities lending, and an assumption of 25% annual growth in the total market value of digital assets, it is foreseeable that the crypto lending market could generate annual revenues in excess of $300 million within three years. As the market for crypto assets increases, robust financial services to support crypto issuers, investors, and users will become an increasingly critical part of the new financial world.
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It can be tough in crypto, and I think marketing is necessary for any project nowadays. Cryptocurrency investing is high risk and investing in Initial Coin Offerings (ICOs) is a highly speculative investment so never risk more than you can afford to lose.
At present, there is not much consistency in approach and different cryptocurrencies can be very different in nature, which means that some could be regulated and others not regulated in the same jurisdiction. Even where cryptocurrencies are not regulated, it is possible that Lendingblock may carry on another activity that would require a licence. WhetherLendingblock will require a licence to operate its business on an ongoing basis depends on the law of the country or countries in which it is operating. A licence is usually only required if performing a regulated activity in relation to an investment or instrument that is regulated.
Lendingblock are building a hybrid platform consisting of both centralised and decentralised components. And are focussing on institutional investors to set themself apart from the current offerings today. Noteable competitors include Salt Lending (mcap $190m) and EthLend (mcap $70m). Lendingblock reached its highest price on 1 May, 2018, when it was trading at its all-time high of $ 0.038547.
Securities lending in the conventional financial market has maintained consistently high levels of activity over many years, with 2017 being no exception. Lendingblock will be the first exchange for crypto asset backed loans that meets the needs of institutional and individual borrowers and lenders in the crypto-economy. You can request early access to the platform today by visiting Lendingblock.com. Youll be able to open that mobile app and complete a loan in minutes.
Lendingblock is building the essential financial infrastructure for the future of the crypto financial world. Lendingblock is creating the market and financial infrastructure for securities lending in the crypto-economy. The value of securities on loan in the securities lending marketplace has reached $2trn in 2017, this makes up 12% of all stocks and bonds in circulation.
The actions include the transfer of principal and collateral from the Lendingblock escrow wallets, notifying the borrower of upcoming interest payments or collateral calls. will be able to access borrowing services that do not currently exist in the crypto economy at a price and fee structure that is transparent and based on market supply and demand. Lendingblock smart contracts codify and execute terms modelled on the Global Master Securities Lending Agreement, and are agreed to by borrower and lenders. While there is value in the emergence of all lending services, there are significant limitations to the application of margin, fiat and credit score based loans, particularly from the perspective of institutional borrowers.
We believe that the market for securities lending will be replicated in the blockchain asset economy, particularly in light of the continued growth in value of the cryptoasset market and the entry at scale of institutional participants and funds. Lendingblock is designed to facilitate the growth of securities lending in the crypto economy.
Lendingblock is a securities lending platform for cryptocurrencies and digital assets. Users can lend and borrow cryptocurrencies against a collateral of other cryptocurrencies, in a completely decentralised and private manner. From a legal structuring perspective the arrangement would fall within a typical security trust, which is frequently used in the financial and capital markets. The analysis did however conclude that cryptocurrency would not constitute "financial collateral" and would not therefore be subject to the European Financial Collateral Directive. The most significant of this is that under certain types of insolvency proceeding, the ability of Lendingblock to enforce the security over the crypto collateral (on behalf of the lenders) may be subject to a moratorium (or stay), delaying enforcement.
Ethereum Classic
The Lendingblock business proposition is applying traditional securities lending (repo and stock loan)concepts to the crypto currency markets. As such it could be considered ‘innovation on innovation’ and several principles applied for years in traditional securities lending need to be adapted for the crypto landscape. This includes several important concepts surrounding the legal basis for lending transactions being operated across multiple territories. Beyond the initial technical implementation of the core platform, there are a number of critical ongoing functions that will be performed to ensure that Lendingblock is a viable and vibrant marketplace.
