The Money Token AI Assistant, Amanda, will Provide Blockchain Backed Loans to the Crypto Community

Jan 18, 2018 at 10:46 // News
Author
Guest Author
Monyy Token AI assistant to provide blockchain backed loans

Alex Rass and Jerome MacGillivray, founders of Money Token, have just announced a highly innovative artificial intelligence system — Amanda, who will provide crypto-backed loan services to the crypto community.

Getting a loan backed by crypto-assets just took another step forward. To create a lightning-fast platform and speed up loan approvals, MoneyToken team has created an artificial intelligence system — Amanda.

She will be providing loan registration and approval services based on cryptocurrency assets as collateral and loans in stable currencies.

Amanda will walk borrowers through and oversee the entire process, from loan application to automated status checks to repayment, and will alert them of any margin calls.

Tim Elfelt, Bitcoin evangelist via Twitter

Amanda will also be capable of:

  • Consulting with users of the platform on any questions

  • Helping out during MoneyToken’s Token Generation Event

  • Updating registered users and investors on any news and information

"Amanda is the start of an amazing fusion of today’s technology — Blockchain meets AI. We are totally thrilled by what we have going on here; MoneyToken is building an ecosystem, not only to provide much-needed loan services, but also to create a platform that can take the crypto community to the next level," Jerome MacGillivray, co-founder of MoneyToken.com, said.

"It`s a groundbreaking concept — AI providing loan services to the crypto community," Alex Rass, co-founder of MoneyToken.com, stated.

Amanda will be launching in a demonstration mode to showcase the features of MoneyToken before the official platform launch in 2018.

What’s Behind the MoneyToken Project?

MoneyToken — A Blockchain based Financial Ecosystem.

MoneyToken includes:

  1. Cryptocurrency-backed Loan Platform.

  2. Stablecoin.

  3. MoneyToken Exchange service.

MoneyToken’s desire is to give the cryptocurrency investment community the means to leverage their crypto assets in return for usable stablecoins or fiat currency, providing you with the opportunity to stay in the investment game long-term and gain funding right now.

With MoneyToken, there is no reason to sell your BTC when you need cash or stable currency.

thumbnail_1.png

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.