Bitbond

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= "Bitbond has the goal to connect small business borrowers and Bitcoin lenders around the globe directly".

URL = https://www.bitbond.net/

Description

"Bitbond is run by Bitbond GmbH, a German private limited company. Bitbond has the goal to connect small business borrowers and Bitcoin lenders around the globe directly.

Bitbond is the first platform for Bitcoin debt instruments. Small businesses can get short term and long term Bitcoin loans (subject to creditworthiness). As a lender you can earn interest on your Bitcoins by funding interesting projects from around the world. Bitbond does a thorough borrower credit check so lenders can better assess the risk and return profile of projects.

While he helped to restructure a financial institution in 2010, Radko had the idea to replace the core function of a bank (taking deposits to grant loans) by an efficient marketplace where borrowers and lenders meet directly. He saw that such a thing already existed - it is called peer to peer lending. The internationality of Bitcoin enables worldwide peer to peer lending. That's what Bitbond does - peer to peer lending on a global scale." (https://www.bitbond.net/about_us)