Public Crypto BLOG: The Deal Coin - Blockchain Lending Platform

Hello everyone,Good Day!

How often do you looking for a loans ? The common way to get the loans is by borrow it on the bank. Why bank ? Bank is a financial institution that receives and distributes it. The main service of the bank is savings and loans. At the bank, we can save or apply for credit. Banks help turn public funds so that it continues to grow. Credit funds come from savings collected from savers.

It has to be said that the credit system have a big roles for our financial system in the world. Sadly down to date, credit is not fully reached by all sector in our financial system. There are still many sectors that have not been reached by credit access. The sectors that have a minor access of credit are such as Small and Medium size business enterprises or companies.

Do you know cryptocurrency ? Cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography. Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009. With Cryptocurrency, you can use it for payment at buying goods, investing on ICO's, trading on exchange, and other usage that you can earn a profit from it.

What if you can get loans in cryptocurrency ? Yes, it is possible with The Deal Coin.

The Deal Coin is a Decentralized Lending Platform. The Deal Coin is running on blockchain technology and provided with financial experience. The Deal Coin connecting the professional investors as a lenders and costumer as a borrowers by creating a global network.

With The Deal Coin, you can get a loans as a borrower, without paying fee for 3rd party. You just need to pay the amount and the rate. So, it reduce the cost of the borrower. This is surely profitable for the borrowers, they can get a loans without any additional expenses.

If you are an investor, you can be the lender by investing in The Deal Coin. By investing in The Deal Coin, investors can earn a revenue in return of loans. Again, without the 3rd party fee, the investors can have fully maximize profit from their investment in The Deal Coin.

Technology

The Deal Coin will be using DLSD Token, an ERC827 token, a blockchain based computing platform. Why ERC827 ? ERC827 is the latest development of ERC20 in Ethereum Network. ERC827 have a smart contract, that facilitate contract agreements securely.

DLSD ( Deal Lending Solution Database) is The Deal Coin database system that hold all information about borrowers and lenders, credit information, deal contract, and account related info. The database is highly secure, it only accessible with the blockchain key on the coin wallet.

Conclusion

The Deal Coin facilitates the borrowers and lenders to gain their profit. With The Deal Coin, any individuals or small sized company can get a loans to help grow their business. With The Deal Coin the investor can invest their funds as a lenders and earn a return revenue.