Software Alternatives, Accelerators & Startups

Rare & Powerful Crypto Technologies Setting up to Outperform the Market

Litecoin Ethereum (ETH) Bitcoin
  1. 1
    Banking on Crypto — Borrow. Earn. Pay. Invest.
    Nexo was founded by a team of finance professionals and crypto enthusiasts, who turned to blockchain to create the crypto equivalent to a service well established in traditional finance, but hitherto non-existent in digital finance— borrowing against the value of your assets while retaining ownership. In 2018, the team launched the Nexo platform, offering the world’s first crypto credit lines that allowed digital asset holders to obtain fiat and stablecoin loans against their cryptocurrency, and thus setting the foundations of the crypto lending niche.

    #Cryptocurrencies #Cryptocurrency Exchange #Crypto 213 social mentions

  2. Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world.
    Pricing:
    • Open Source
    Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. Users deposit an accepted token — such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC) or XRP (XRP) — as collateral to receive a loan in the form of a fiat currency or stablecoin.

    #Business & Commerce #Productivity #Sales 34 social mentions

  3. Released in 2015, Ethereum is a decentralised software platform that enables smart contracts and disbursed packages (ĐApps) to be constructed and run with none downtime, fraud, control or interference from a third birthday party.
    According to its whitepaper, Nexo is the first-ever provider of instant cryptocurrency-backed loans and it intends to solve inefficiencies in the lending market. Its automated lending process uses smart contracts and an oracle on the Ethereum blockchain to manage loans. After a user transfers cryptocurrency to a Nexo-controlled wallet, the oracle establishes the loan and the user is instantly allocated the funds. When the user makes a deposit in order to repay the loan, the oracle returns the cryptocurrency and records the transaction on the blockchain. Smart contracts are used to power NEXO and to record user balances.

    #Business & Commerce #Productivity #Sales 94 social mentions

  4. Bitcoin is an innovative payment network and a new kind of money.
    Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. Users deposit an accepted token — such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC) or XRP (XRP) — as collateral to receive a loan in the form of a fiat currency or stablecoin.

    #Business & Commerce #Productivity #Sales 67 social mentions

Discuss: Rare & Powerful Crypto Technologies Setting up to Outperform the Market

Log in or Post with