Altonomy CoFounder Touches on the Impact of On-Chain Crypto Lending and Borrowing Services

2019-3-12 18:00

Distributed ledger technology is a much-discussed area due to its ability to transform traditional banking, especially in areas of lending and borrowing. Two specific areas that such technology works to resolve in the banking industry is liquidity and application of legal actions.

It also helps resolve issues regarding credit. The specific technology that helps the […].

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Crowd Genie to revolutionize the lending business

August 9, Singapore: Crowd Genie Financial Services Pte. Ltd., a company providing innovative lending products and services, licensed by the Monetary Authority of Singapore, has undertaken a strategic initiative aimed at design and delivery of a modern lending and asset exchange platform that is powered by the blockchain technology. The platform will elevate the lending/borrowing […]

2018-8-9 05:23


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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

2018-6-29 18:17