Block66 (B66)

Block66 is building a new blockchain-enabled marketplace for mortgages. Institutional and private lenders may use the service to provide loans to a variety of borrowers, introduced by Block66 broker partners. Through the practical utilization of smart contracts, loans could be obtained from origination to facilitation, quickly and efficiently. All loans may also be represented as tradable tokenized securities, providing a liquidity mechanism as standard. The capability to trade fractions of loans, and reduced order and issuing fees makes investing considerably comprehensive, providing an attractive investment vehicle for many types of investors. Thanks to the usage of cryptocurrency, Block66 eliminates the need for a bank account, overcomes geographic lending limitations and reduces counterparty risk to simple minutes. For borrowers, the clear and competitive nature of the marketplace will gain the consumer and provide them with self-esteem that they’re getting near sufficient the very best offer attainable.