FintruX - The Blockchain-Based Global P2P Lending Ecosystem
FintruX - The increasingly fierce business competition makes the owners of the capital to be the leader. Where they become the main actors in the development and progress of the business being developed. And this makes it a problem that sometimes can not be overcome by those who struggle with finances or capital for their small businesses and start-ups.
As business competition becomes more intense, newbies are stymied by some troublesome traditional financial system policies. In general the person or bank that provides the loan requires the borrower to have a guarantee of the money they borrow. This will be difficult, especially if the liquidity of the business owned is low. Then the business capital that should encourage them to continue to grow into hopeless hope.
Then, not only in terms of guarantees, the traditional financial model that can provide unsecured loans is embedded with a myriad of requirements impossible for a beginner's business. These business actors sometimes have to wait months to find out the outcome of their loan agreement, and that will not necessarily be approved.
In addition, many lenders offer unrealistic services. Where the borrowing of funds is borne by the borrower in the form of unreasonable interest, as well as the repayment period which is also unreasonable.
Some of these are traditional financial systems that are not fair at all for beginners.
Solutions from the FintruX Network
The FintruX network is a solution to the problems faced by small and new entrepreneurs. FintruX comes up with a more realistic loan offering, where small business owners can obtain loan funds at more affordable and unsecured rates. Any loan proceeds can be in any currency.With FintruX Network, all financial risk becomes minimized. This is because of credit enhancements with insurers that will make lenders feel secure and comfortable with their investments. Of course this will also make the interest from the loan can be pressed to be more affordable. In this case there are at least 4 levels of FintruX, namely Over-Collateralization, Third Party Guarantor, Cross-Collateralization, and FintruX Reserve.
Then, with the use of no-code development technology, a unique smart contract will be made automatically and used by the FintruX Network for any real-time approved loan to provide unambiguous, unchanged, and unnecessary arbitration records.
The FintruX Network Architecture is a combination of the latest highly scalable and powerful technological advances in blockchain, user-experience, client, and server-side methodologies. This allows the opening of ecosystems within the FintruX Network, such as provision of self-service delivery options to debtors and access to third-party agents.
Given all these offerings, it is not impossible that everyone will soon shift from a troublesome traditional financial system to a genius financial system involving everyone in the FintruX Network. And it is also not impossible for small business owners or those who are new to beginners and want to start a business can get something fair and funding to grow its business more leverage.
In this case you can keep abreast of the revolutionary project of FintruX Network and be part of it as an actor who will support and change the world.
You can find out more about FintruX Network by visiting the official link below.
https://bitcointalk.org/index.php?action=profile;u=1836472;sa=summary
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