“”: LENDING and the Future of Getting a Loan

Decentralized Finance will spawn a multitude of innovative new lending products. An entire market for borrowing and lending has been created around cryptocurrency. Today, several leading firms offer cash loans that can be collateralized with crypto or digital assets. One form of funding for these loans comes when lenders pledge cryptocurrencies to earn money. As a result, Bitcoin, Ethereum, USDCoin, or other forms of digital assets can earn interest. Blockchain will help to facilitate nearly every aspect of the structure and maintenance of a loan and its lifecycle. Mortgages are debt instruments which use real estate as collateral. Mortgages have a life cycle and go through multiple stages: the origination, property and title validation, closing, servicing, and securitization. The blockchain will ensure that all necessary steps are taken to complete a fully compliant loan.