A blockchain loan platform will have a simple process to avail credit, institutional-grade security measures will be present, a variety of loan products will be available, and over-collateralization ensures the full repayment of credit on time.

The functional structure comprises a lender depositing fiat funds or stablecoins on the platform, a borrower will apply for a loan, he will commit himself to pay interest on time, if he fails to pay the loan on time, the crypto collateral will act as a cover, and once the entire loan has been paid off, the lender receives all his funds along with the interest income, and the crypto assets will be returned to the borrower.
ericfaulkner999 11 december 2020, 7:45