Global Lending Market Using Ethereum Blockchain

ETHLend, a company aiming to enable a global and transparent lending market, has released its whitepaper detailing plans to use blockchain for financial services. The idea behind the platform is to create a peer-to-peer...

Consumer Credit Platform Uses Blockchain Technology for Transaction Records

New consumer credit platform Upgrade, Inc. has announced the launch of a new consumer credit platform that combines a marketplace lending approach with tools that help consumers understand and monitor their credit. The company...

WeTrust Launches Trusted Lending Circles Platform, Trustcoin Crowdsale

Collaborative savings and insurance platform WeTrust, an Ethereum blockchain platform aiming to bring financial inclusion to the masses, has announced the launch of its very first Trusted Lending Circles product. The blockchain-based reciprocal aid...

Chinese Logistics Industry Served by New Blockchain Application Sub-Committee

The 2016 Fintech Global Summit has given rise to the founding of the ‘Blockchain Application Sub-Committee’, initiated of the China Federation of Logistics & Purchasing. It has been learned that the Sub-Committee was initiated...

Memorandum on Upcoming Token Sale for Mainstreet Investment

Mainstreet Investment, LP, a Cayman Islands limited partnership issuing a digital token security backed by real assets, has released a memorandum of details and procedures related to the company’s Mainstreet Investment Token sale planned...

Morgan Stanley: Blockchains’ Major Potential & Hurdles to Adoption in Banking

Morgan Stanley Research recently released a Global Insights report asking the question, "Blockchain in Banking: Disruptive Threat or Tool?" The investment bank's in-depth study highlights various misconceptions about blockchain technology and identifies 10 hurdles to making...

Subprime Auto Loans: Another Reason For Using Distributed Ledgers for Asset Backed Securities

“Lending bubbles usually look the same. Credit criteria is loosened. Verification standards are relaxed. The people selling the loans make money when the loans are booked, but do not suffer from losses when the...