Residual

Residual

Created using Figma
Created using Figma

Last Update

Sep 18, 2018

Residual ICO A true render ecosystem that allows people and companies to borrow money as collateral using digital assets. There is a gap between traditional financial lending and digital asset-based lending. This division is characterized by a highly specialized engineer with a lending practice that is safe and regulated over many years on the one hand and a large idea on the other hand. Our open source lending management protocol and the vast traditional fight lending experience are compensating for this gap.
Pre Sale
Mar, 2019
Apr, 2019
100% completed
Raised funds - no Data
past
Token Details
Ticker
RSDL
Accepted Currencies
ETH
Company Details
Registered Country
Switzerland
Additional Details
Platform
ERC20
Categories
Platform

About Residual

An ecosystem for bona fide LENDERS which allows people or companies to borrow money using their Digital Assets as collateral.

​A gap exists between traditional fiat lending and digital asset-based lending.  The divide is marked by safe, long-standing, regulated lending practices on the one side, and highly specialized engineers with big ideas on the other.  Our open-source, lending management protocols and vast traditional fiat lending experience bridges this gap.  

 Our protocols expand traditional lenders’ existing product lines, optimizes its origination processes and automates servicing capabilities. Built on the blockchain, our system is mostly trustless with the exception of certain assessment protocols and fund transfer activity.

Residual Roadmap

  • Q4 2018

  • Basic Collateralized Lending Protocols and Lending Browser based DaPP using one Asset Class.​ Beta test Alpha of lending protocols in a closed environment.​ Begin full third party security audits.
  • Q1 2019

  • Additional Ecosystem Protocols such as Escrow, Uunderwriting, and Custodial Services. Ecosystem Servicing DApps using Protocols.
    Initial Lending Ecosystem Partners officially introduce its lending platform based on Residual protocols based on market feedback and asset classes. ​
    Add 1 to 2 more asset classes determined by market demand. Potentially Real Estate and Accounts Receiveable tokenized assets.
  • Q2 2019

  • Advanced Protocols such as Collateral Valuation and Loan Pricing.
    Valuation and Loan Pricing Servicing DApps using Protocols.​
    Pinning/Linking to Tokenized assets on non Ethereum blockchains.
    ​Iterate on existing protocols and features based on system usage and market factors. Onboard/Integrate 2 to 5 more partners in each Ecosystem Area. Onboard 5 to 10 more Tokenized assets based on market demand.
  • Q4 2019

  • Iterate with Ecosystem partners and add value add priority features and work towards how a more fully decentralized set of participants will work. Potentially annouce plans for Version 2.0, the evolution of platform. Engage other Blockchain platforms and technologies and determine how to interoperate. Potentially Migrate to Zen Protocol with formally verifiable and Finantial system domain focus.

Activity

Activity:
1
VERY LOW
Posts:
2
VERY LOW
Views:
99
VERY LOW
Posts:
60
LOW
Followers:
51
VERY LOW
Likes:
48
VERY LOW
Followers:
16
VERY LOW
Tweets:
33
VERY LOW
30 Days Growth:
4

Residual Team

Verified 100%

HOWARD KRIEGER
Managing Director
verified
RYAN MEDLIN
Entrepreneur and technologist
verified

Advisors

Verified 69%

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

Kumar Sriram
Technical Blockchain Advisor Symantec
unverified
Kevin Thompson
FP&A / Strategy
verified
Melissa Barbera
Legal
verified
Michael Gale
International Tax
unverified
Katy Atkinson
Product Development Director - ForgeRock
verified
Alan Alford
Risk Pricing (Economics)
verified
Scott Banks
FP&A / Controls
verified
Edward Eaton
Operations
unverified
Stanley Krieger
Engineering Advisor - Quality Assurance
verified
Daniel Love
Product Design
verified
Martin Williams
Technology and Operations
unverified
Michael Forester
Compliance
verified
John Owens
Operations
verified

Residual Interviews

HOWARD KRIEGER
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CEO - the ability to borrow against digital assets securely and quickly are paramount Residual objectives. Today, it's bitcoin/ethereum, and tomorrow its lending against the $14T of un-tapped assets whose custody could not be managed until now.
RYAN MEDLIN
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the founder and head of tech as you can see in the linkedin page.

So I must love the idea we have been working on it all year! ;)
Kevin Thompson
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My role entails harmonizing our overall business strategy with the financials through such tools as projections. I believe what we are trying to accomplish will create a better ecosystem for both borrowers and lenders.
Melissa Barbera
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Legal advice and guidance.
Katy Atkinson
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Product advisor
Alan Alford
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I provide economic analysis regarding the market structure, the pricing of transactions and coins, and cross-border operations.
Scott Banks
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My background is in lending finance and accounting. I am excited by this project because it brings traditional lending structure to a new class of assets and a new financial ecosystem. We’re building the future of asset-based lending.
Stanley Krieger
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Quality Assurance.
Daniel Love
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Very exciting project with so many possibilities and different applications. The system can drastically improve every aspect of lending: marketing, underwriting, funding and servicing. The best lending software I've used, the sky is the limit.
Michael Forester
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
In all areas of financial services, regulatory compliance is a paramount concern. ICO is committed to maintaining comprehensive compliance with all applicable regulations.
John Owens
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The future of secured lending

Residual Last News

N/A
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