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P2P crypto lending software development: A complete guide

Delve yourself into ins and outs of P2P crypto lending software development. Comprehend the working of the platform along with the role of stakeholders.

The integration of blockchain in peer to peer lending is revolutionising the whole ecosystem. It removes the intermediaries from the system and hence makes the system more efficient. 


Following are the main attributes of peer to peer lending software development:

Cost Reduction: P2P lending software minimises the cost as borrowers and lenders are connected directly on the platform. There is no need to develop a physical infrastructure where parties would meet.

Less time: The processing on the blockchain is done instantaneously. The entire process is quickly executed through the system of smart contracts.

Flexible interest calculations: Flexible interest calculations provide an opportunity to calculate the interest rates on a daily, monthly, quarterly or yearly basis as per the business model.

 Read more @ An Inside Look at the Working of a P2P Lending Platform
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