LendLedger

LendLedger

Created using Figma
Created using Figma
LendLedger ICO integrates borrowers, lenders and data providers into an open and distributed network built with block chain technology. Our mission is to solve the $ 8 trillion financing gap that more than 200 million SMEs face worldwide, while struggling to show traditional credit history. As the only block chain power network that allows borrowers and financial institutions to trade in local currency, we are building a comprehensive, reliable and profitable lending market for all participants. Our software has already financed 30 million dollars a year in 400 cities throughout India and we are financing through a block chain that is expanding globally.
Crowd Sale
TBA
Private Sale
Aug 23, 2018
Oct 30, 2018
100% completed
Raised funds - no Data
past
Token Details
Accepted Currencies
ETH, BTCA, XLM
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

About LendLedger

LendLedger brings together Borrowers, Lenders, and Data Providers in an open and decentralized network built on blockchain technology. Our mission is to solve the $8 trillion funding gap that over 200 million small businesses face globally as they struggle to demonstrate traditional credit histories. As the only blockchain-powered network that enables borrowers and financial institutions to transact in their local currency, we’re building a lending market that is inclusive, trustworthy, and profitable for all participants. Our software is already powering loans at a rate of $30 million per year in 400 cities across India and through blockchain we're scaling globally.

LendLedger will help small businesses and informal Borrowers secure affordable credit from financial institutions. Its open standards and trusted shared ledger will increase data sharing, market interactions, and lending volumes. LendLedger enables a more efficient, affordable, and inclusive lending market

Technical Info

LOANtokens are LendLedger’s digital asset. Credit Nodes (described in our Technical Paper) stake LOANtokens to issue the fiat-pegged LedgerCredit used by Lenders, Borrowers, and other Participants to transact on the network (make loans and recieve repayments). LedgerCredit is the protocol’s internal accounting unit. It is denominated in terms of government-issued (fiat) currency and acts as an IOU on the part of the issuer.

LendLedger Roadmap

  • Onboard Indian Lending Business

  • LendLedger's Indian lending business Happy Loans is currently disbursing loans at a run rate of $30million annually. By the end of the year we hope to have this entire lending business onboarded onto the LendLedger platform.
  • Expand into other markets - Q1 2019

  • LendLedger will expand into other emerging markets in Q1 of 2019. Kenya being one prevalent target due to the experience of our Community Experts and Advisors.

Activity

Activity:
85
LOW
Posts:
258
MEDIUM
Views:
3 932
LOW
Activity:
322
HIGH
Merit:
105
MEDIUM
Posts:
61
VERY LOW
Views:
5 748
MEDIUM
Users:
28
LOW
Followers:
1 421
LOW
Tweets:
208
MEDIUM
30 Days Growth:
-260
Members:
4 299
MEDIUM
30 Days Growth:
81
Alexa
Rank:
2 481 881
VERY LOW
Delta:
482 012
Year commits:
146
Watchers:
1
Stars:
0
Forks:
0
Open issues:
0

Team

Verified 67%

Attention. There is a risk that unverified members are not actually members of the team

Co-Founder and CEO
verified
Head of Product
verified
Blockchain Network Governance
unverified
Blockchain Architect
verified
Communications Manager
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Former members

Ignacio Mas
Advisor

LendLedger Interviews

Gautam Ivatury
As a team member, сan you tell us about your role in the ICO project?
My role is to set the vision and plan, and to help build the community. I've held similar CEO / Co-founder roles at multiple early-stage companies, innovation projects and other ventures.
What do you think about idea?
Having been in the financial sector for nearly 20 years, and having been a part of multiple innovations in mass-market / small business lending, I know that LendLedger and the like are the future.
Greg DeForest
As a team member, сan you tell us about your role in the ICO project?
My main function at LendLedger is to lead product, strategy & development, but as with most of the team, I also contribute across many other areas.
What do you think about idea?
LendLedger combines two ideas I think are critical to the future of lending - data driven lending & the transparency and objectivity of the blockchain.
Sanachit Mehra
As a team member, сan you tell us about your role in the ICO project?
I build and translate business requirements to tech specs and ensure that the specs are exposed as high performance infrastructure. I'm Winston Wolf. I solve problems.
What do you think about idea?
Designed for federated loan contranting, Lendledger is the data driven lending platform of the future.
Daniella Loftus
As a team member, сan you tell us about your role in the ICO project?
As Communications Manager I am in charge of the LendLedger brand. Creating content, assisting with investor outreach and marketing as well as managing social media channels.
What do you think about idea?
I think the problem our company is trying to tackle is one which is deeply pervasive - an $8 trillion credit gap exists because 250 million+ small businesses can't get loans due to a non-existent credit history. Our founding team have worked in this field for 20+ years and have connections to banks and prominent institutions in emerging markets. Additionally we already have a lending business (serving as our MVP) up and running in the market. Happy Loans already gives out loans to financially underserved Indian businesses at a run rate of $30 million per year. This entire business will be onboarded onto the LendLedger platform as soon as funds are raised.

Last News

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