LOTS is a blockchain-based decentralised marketplace for borrowing & lending crypto assets in a easy and secured way. Their mission is to make assets more utilised, credit more transparent and investing more flexible. A global digital asset lending platform using blockchain technology. They are introducing the time value of money to crypto assets.
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The cryptocurrency market is much heated, but mainly on ICO investments & secondary market trading, leaving huge opportunities in the lending market. LOTS is leading the way in the emerging crypto lending market. LOTS will select eligible collateral for secured lending, operate on smart contracts, set loss recovery mechanism through third party smart insurance. Aiming to be a global credit rating system. Based on AI analysis of lending transactions by the account address, LOTS takes the lead in realising unsecured lending & building the most professional decentralised credit rating system globally. Achieve a fair rate of interest worldwide, lending transactions are no longer monopolised by traditional financial institutions. The implementation of blockchain will keep tamper-resistant loan transaction records & help establish an all-transparent financial system. LOTS is supported by miners, investment funds & public chain system builders, helping the liquidity of the platform.
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