Abstract: LibraCredit, a blockchain startup that builds a decentralized loan network, has signed a cooperation agreement with the Coin An blockchain incubator. Through the cooperation, BNB holders will be able to mortgage BNB and obtain loans in cryptocurrency and fiat currency
Abstract: LibraCredit, a blockchain startup that builds a decentralized loan network, has signed a cooperation agreement with the Coin An blockchain incubator. Through the cooperation, BNB holders will be able to mortgage BNB and obtain loans in cryptocurrency and fiat currency.
On July 30th, ChainDD (WeChat: ChainDD) announced that LibraCredit, a blockchain startup dedicated to building a decentralized loan network, has recently signed a cooperation agreement with BinanceLabs. According to the terms of the agreement, holders of Coin An's token BNB will be able to mortgage BNB and obtain loans for cryptocurrency and fiat currency.
LibraCredit is a peer-to-peer (P2P) loan network company based on Ethereum. It intends to officially launch the loan platform in the third quarter of this year and launch a mobile application in the fourth quarter. It is testing the credibility of serving both borrowers and lenders based on credit points, as well as its own risk management technology.
Zhang Ling, the head of the Coin An blockchain incubator, believes that the founding team of LibraCredit has rich experience and resources in financial services and payment solutions. They are committed to having a long-term impact on the industry.
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