ETHLend is a decentralized lending application ( dApp ) that runs on the Ethereum network and offers secure, peer- to- peer lending agreements. Unlike other blockchain loan applications, ETHLend allows a borrower and a lender to determine essential loan details without the intervention of an intermediary. In essence, this means that a lender and a buyer can sign a loan agreement on their terms anywhere in the world.
Would not it be great to live in a world where everyone has the same access to finance, or access to finance at all? This is the mission of ETHLend founder Stani Kulechov . The project was launched in May 2017 and was the first of its kind. ETHLend is part of theAave based in Switzerland , also founded by Kulechov .
ETHLend offers decentralized solutions to prevent loss of capital and to set up a global loan system. This gives access to capital to people without a bank account.
The token sales of ETHLend from LEND ended on November 30, 2017. According to ICO Drops , ETHLend raised $ 17,860,000 . The total circulation LEND tokens is 1,299,999,942.
Blockchain Wallet Adds Support for Crypto Payments Processor BitPay
House Financial Services Committee Will Continue Libra Review
Blockchain Will Integrate BitPay's Payments System For Wallet Payments
Bank of England Governor: Libra-Like Currency Could Replace US Dollar
Research Suggests Tether Sentiment Could Provide Chance for Manipulation
Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year
Price Analysis 23/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
British Hacker to Hand Over $1M in Crypto for Phishing Attacks
How Facebook's Libra Has Been Influencing Crypto, Politics and Finance
Canadians Charged for $220,000 Bitcoin Scam on Twitter
Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia
Bitcoin Advocate Becomes 'Nobody' to Run for New Hampshire Town Mayor
Craig Wright Again Claims Authorship of Bitcoin White Paper
US Charges Two Canadian Nationals Over Alleged $230K Bitcoin Fraud
UK Employee Explains Why He Chose a 100% Bitcoin Salary
Bitcoin Increasingly Bearish Despite Price Bounce to $10.2K
Circle Looks to Raise $100M for Its Equity Platform SeedInvest
Litecoin's Mining Power Has Fallen 28% Since Its Block Rewards Halving