NEL

We think trust is the most powerful currency we have. We are geeks and finance professionals all passionate about extending financial freedom to the billions of underserved people across the globe. We will serve a global customer base with complex and unique needs, and fulfilling our mission requires a diverse team of equals working together across borders and boundaries.

NEL will be the first microfinance lending organization catering particularly to developing economies. We will be offering practical solutions to the loss of productivity suffered by the microfinance organizations and all NEL users will be able to lend with no risk to developing communities while earning interest.

We are excited to launch the first microfinance lending platform
aimed at developing countries, based on the NEM blockchain technology. The NEL Foundation will disrupt the microfinance world with the cutting-edge technology and efficient processes, inherent in the blockchain-based NEL ecosystem.

NEL is creating a platform bringing both the lenders and borrowers together. With Blockchain technology it makes the rather complex processes simpler, secure, and more transparent. With blockchain, the NEL platform will significantly reduce the operational costs involved which in turn will enable them to operate with nominal loan processing charges and fees. It also claims stand out and ahead of the competition by offering quick and seamless payment processing, low transaction fees, and most importantly a high level of security using NEM blockchain features.

NEL has already announced the launch of an ICO seeking funds to further develop the NEM platform. The ICO crowdsale is due to launch 15 September 2018 and offering benefits to all early investors, those participating in NEL tokensale within the first two weeks get an exclusive bonus of up to 30%.

Get more information about the promising NEL project and their related developments, visit the NEL website here https://nel.network.

NEL Wallet is available for Android on the play store. Send, receive or store XEM or NEL now! Soon with more features. #xem #cryptowallet #NEM

Participate in the Microfinance revolution !

Built on the NEM blockchain technology the NEL platform will be powered by unique 'NEL tokens' which have multiple functions on the platform like allowing members to receive privileges on the allocation of smart contracts, the payment of interest by borrowers, receiving profits on the funds loaned and more. The NEL tokens initially valuing 1 NEM are to be developed as dedicated tokens and will be exchangeable and tradable in the open market. The platform will also feature a unique NEL USD token which will be pegged to the fiat currency; 1 NEL USD valuing $1 USD. While the NEL USD will protect borrowers from market volatility as the contracts and lending will be carried out in NEL USD.