overview
Blockchain makes history by transferring power from centralized enterprises into the hands of consumers.
This allowed people to manage their own assets without the intervention of banks, brokers or
institutional monitors.
This is a long-awaited necessity, as people today take too much risk, allowing their crypto assets
controlled by the central organization. They do not understand that it is not they, but wallets, exchanges and loans.
Platforms controlling their assets. Consequently, they gave up control over their identity, confidentiality and
money, because they believe that they have no choice. But no more. We aim to be access
point that gives people this choice.
BtcCredit is a universal decentralized wallet that gives you complete control over Blockchain assets.
Hold, exchange, lend, lend, invest and bet.
This document describes the structure of the next generation decentralized banking ecosystem, which is based on
decentralized multicurrency wallet, decentralized p2p lending and decentralized p2p exchange
P2P Lending Market Analysis
It is quoted that “according to Morgan Stanley, the global market market for lending can reach
$ 290bn. by 2020, with an expected cumulative annual growth rate of 51% from 2014 to 2020. "
Credit Market Correction
Today, interest rates adjusted for inflation in different countries vary depending on the available liquidity. AT
high market liquidity, Europe, interest rates are in the range of 0.5-5%, in Russia 12-15%, in India 12% and in
Brazil 32%. This indicates a clear disparity in the distribution of access to the lending market between
world. We believe that this inequality between borrowers should be smoothed out and a huge market
value can be created in the process, especially with the help of arbitration capabilities.
Banks charge 5–12% interest on loans and reimburse you 0–1% for keeping your assets. WITH
the growth of cryptocurrency and blockchain, now you can become your own banking institution.
BtcCredit makes this a reality for you. Not only that, you decide who you want to lend money to,
what interest rate, and it is in what mode. All this is available thanks to Blockchain technology at
How it works?
As a creditor, the user logs in and replenishes his USDT-generated wallet. System
creates a credit profile in which its acceptable credit parameters are recorded. Creditor profile
becomes part of the "credit market".
As a borrower, the user logs in with his generated bitcoin wallet. Bitcoin means in
wallet forms a pledge against a potential loan. Borrowing requirement also becomes part of
"Credit market".
The internal logic of the system automatically matches and offers existing loans and borrowers.Borrower or
The lender can also manually select from a set of loan offers or borrower requirements.
Once a loan is chosen, and both parties agree with the parameters in the book, the “handshake” is said to have
will happen, which will lead to the deployment of a smart contract on the Ethereum network.
The borrower's wallet will be funded by the requested USDT, and a repayment schedule will be created.
P2P Crypto Exchange
This is the second main feature of the platform, which aims to provide users with an ecosystem.
where they can directly exchange cryptocurrencies with each other in the decentralized P2P market.
No third organization will interfere with the functioning of this decentralized P2P market, as it will
directly controlled and maintained by the software supported by Blockchain. Therefore, the current
The system will automatically be able to associate buyers with sellers based on the conditions they prefer.
● The lender logs in
● transfers funds to your wallet
● Places a sell order
● sell order goes on sale
● The buyer checks the range of available sell orders.
● Buyer and seller match
● Buyer and seller agree on the best price
● Buyer satisfies demand and transfers funds
● The transaction is completed
● Seller receives funds in his wallet
Road map
Q4 2018
Launch P2P Crypto Loan System
The journey begins with borrowing, launching a peer-to-peer crypto-credit system.
A smart contract for Ethereum
LDT Token Contract, BTCC Token Contract.
Q1 2019
Run the USDT credit system
Users can borrow USDT with the support of LDT and Smart Contract tokens
Getting applications available on mobile phones
Getting a mobile-compatible Lending platform.
Obtaining licenses
Purchase of a crypto-wallet and credit licenses
Crypto Wallet Launch
Q2 2019
The list of BTCC tokens in our credit system.
Users can now lend using BTCC tokens and can use BTCC as security.
Launch P2P Exchange
Launch of the Peer-to-Peer cryptocurrency exchange platform.
3 District 2019
Launch plan
Starting a tariff plan for an investor who will benefit from participating in the BTCC / BTC as a bet
ALT coin lending and collateral
Users can now borrow with Alt Coins and can use Alt Coins as collateral.
Q4 2019
Craddling platform
Peer-to-Peer Counterfunding Platform
distribution
team
Srirang Mulli
Kirankumar Kapure
Maure Srivastav
Advisory team
SANG JAE SEO
Jason H. U.G.
Information
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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