Lendoit (LOAN)

Lendoit is a decentralized P2P Lending platform, which links borrowers and loan providers from all over the globe using some great benefits of Smart Contracts and the Blockchain tech. The platform provides all elements lending areas need to function, namely: Professional scoring and verification APIs for every nation, that loan marketplace, where lenders bid rates of interest on loan applications and a default market in which failed loans can be exchanged. The LENDOIT smart loan contract furthermore provides important functions like syndicated loans and the capability to sell a loan to another lender if required. How does the project build value to the ecosystem and varies from competing projects Many projects is trying to generate P2P lending platforms on the blockchain, plus it try probably a good hint on where the marketplace is going. But, unlike the others, Lendoit does NOT take tokens as collaterals (which is similar to lending USD through the use of EUR as collateral)