Materials by tag Credits

Government and non-government banking institutions around the world have started to look into blockchain technology. Chinese representatives of the financial market can’t stay aside, with retail giant Suning developing a blockchain-based program for recording clients with bad credit history.

Distributed Ledger Technology allows for unprecedented levels of transparency, audit ability and transferability. SALT tokens are built on an Ethereum smart contract, making them among the most secure tokens available.

SALT allows you to use your crypto assets to secure cash loans. It is an easy way to get money without having to sell your favourite crypto investment.

When one wants to get a big loan, to buy a car for example, no one will think that a bank is doing something bad and unethical by giving him a loan. But if someone needs to buy a microwave, people might think that this microcredit was given to him with a very bad intention. Why does this happen? Why do all these myths about the microfinance business still exist – we asked Anton Dzyatkovsky, co-owner of MicroMoney, a company which specializes in microfinance in Asia, to help us understand why there are so many myths and superstitions about small loans. This is what he told us.