The Advantages of L-Pesa for Microfinance

Cryptocurrency and blockchain technology are very popular in developed countries. Blockchain has been incorporated in almost every aspect of the economy. It also has been proven that this technology brings even more advantages to the economy. Cryptocurrency and blockchain also can bring the same improvement to the economy for the developing nations in Africa, and for this reason, L-Pesa, the Kripton of Africa is developed. L-Pesa is the tool developing countries need to bring more improvement to their economy.

About L-Pesa

L-Pesa is the first blockchain based microloans platform in Africa developed for small businesses in developing nations. Creating more business opportunities in Africa is difficult because despite of the great inventions from the entrepreneurs, the financial system remains the same. Small business owners are unable to rely on traditional microloans because most of them only offer their service in rural areas. In the meantime, small business owners cannot take other type of loans from traditional financial institution because it is too risky for their small scale business.

By taking advantage of blockchain, L-Pesa creates a smart contract microloans platform which allows entrepreneurs to take loans more easily in Ether or Bitcoin. L-Pesa has a goal to help entrepreneurs in Africa, and later more developing nations in the other continents to gain easier and less risky access to credit.

The Advantages of L-Pesa for Microfinance

There are many advantages that L-Pesa will give to the people in Africa. Even though it is mainly targeted for small business, everybody basically can benefit from a low risk cryptocurrency based microloans. Whether it is to grow their business or plan an important life event, L-Pesa is ready to help.

Microloans are very common in developing countries. But now the question is, what makes L-Pesa different with traditional microloans? L-Pesa will take all the great things about microloans but blockchain technology will make it more efficient.

Traditional microloan is known to be very complicated. The cost of the overhead is very high, which in the end of the day, will put too much burden for the borrower. L-Pesa, by taking advantage of blockchain technology will solve this problem. Thanks to blockchain, transaction will be much faster, cheaper and safer. Furthermore, L-Pesa also uses Artificial Intelligence to automate the underwriting process. L-Pesa also will take advantage of the rise of mobile technology to give more convenience for the people to manage their loans.

Moreover, L-Pesa is not a business that develops to follow the cryptocurrency trend. The idea of L-Pesa has been developed for a decade and incubated ever since. The operating model and technology also have developed over the past couple of years to make sure the system is ready once it is launched to the public.

Token Details

L-Pesa token is called Kripton. The ICO has been started on April 10, 2018 and will be completed on May 10, 2018. The token runs on Ethereum blockchain and can be stored in any wallet that supports standard ERC-20 coins.

• Token Name: Kripton
• Token Ticker: LPK
• Token Protocol: Ethereum ERC-20
• Token Price: 17,500 LPK/ETH
• Payment Accepted: ETH
• Total Supply : 2,600,000,000 Kripton
• For Sale : 1,508,000,000 Kripton
• Hard Cap : $52,000,000

So don't missed to be part of L-Pesa project!
More detail about L-Pesa crowdsale, please check https://kriptonofafrica.com/allocation and subscribed on Bitcointalk.

L-Pesa Team

TEAM CORE

• Ron Ezra Tuval, Founder, CEO
• Riaz Laskar, Developer
• Somsubhra Saha, Developer
• Jordan Balindo, Country Manager, Tanzania
• Andrew Langat, Country Manager, Kenya
• Dominic Gichomo, Country Manager, Uganda
• Amitabh Roy, Project Manager
• Angualia Daniel, Legal Counsel, Uganda
• Khaya Maloney, Operations Manager, South Africa
• Desiree Domo, Copywriter & PR
• Uttam Kumar Karmakar, Designer
• Malcolm Ngugi, Legal Counsel, Kenya
• Mselem Said, Director, Tanzania
• Leonard Jackson, Marketing support
• Yunia Warioba, Support, Tanzania
• Analisa Mtetemela, Support, Tanzania
• Sandipan Paul, Accountant
• Bernard Kipkurui, Support
• Athumani Athumani, Support

ADVISORY BOARD

• Tamir Hodorov, Manager of the International Division at Hodorov Law Firm
• John Petersen, Business Development
• Bogdan Fiedur, ICO Advisor and Blockchain Tech.
• Kevin Donovan, ICO Advisor
• Shaun Saunders, PR ICO Advisor

For detailed About Team Members descriptions please check out: L-Pesa Team or Join Telegram to communicate with #LPK team!

Official Link

Website	https://kriptonofafrica.com
Blog	https://blog.l-pesa.com
Twitter	https://twitter.com/lpesaico
Facebook	https://facebook.com/lpesaico
LinkedIn	https://www.linkedin.com/company/l-pesa-group-international
Telegram	https://t.me/lpesaICO
Instagram	https://instagram.com/lpesaico
YouTube	https://www.youtube.com/channel/UC--HbdQ8r7X5wZCG4_fXkcQ/videos
Whitepaper	Download!
Announcement	https://bitcointalk.org/index.php?topic=2885970.0

Read More

• Share

LendingBlock, Creating The Best Lending Solution

As a peer-to-peer marketplace intended for lending, Lendingblock clearly isn’t the only one in the industry. However, the fact that it’s built on the Blockchain with a wide range of incredible features gives it more to desire. At the moment LendingBlock is still in its Initial Coin Offering stage. But when it’s launched in the near future, it will offer more advantages than meet the eye. Keep reading to learn more about this platform and why it’s believed to be the next generation peer-to-peer marketplace in the industry.

What is LendingBlock?

A lending platform built on the blockchain. As simple as the definition may seem, it actually offers a myriad of advantages from that fact alone. The marketplace is intended to bring lenders and borrowers together, accommodating needs to completely collateralized crypto-to-crypto loans. Despite being built on blockchain, Lendingblock is far from complicated. Quite the contrary, the developer has made it a point to ensure the mesmerizing system does not come in the expense of convenience.

Offering access through dedicated desktop and easy-to-use mobile application, it’s clear that Lendingblock is set to change the way we do things in the industry. LendingBlock is creating the financial and technical infrastructure for lending within the cryptoeconomy. Users are given the opportunity to make or take crypto-to-crypto loans with ease. Those needing a loan may also complete the process in a matter of minutes. This is undoubtedly a game-changer.

Lendingblock aims to provide an environment that is second to none. The platform gives lenders the ability to earn profits on their digital assets, and do so without having to sacrifice ownership advantages. Lenders can just stay back and relax as Lendingblock expertly matches them to borrowers. This advantage also extends to the borrowers’ side.

All it takes for the borrowers is specifying the required digita assets at the time of requesting a loan. Lendingblock then takes it upon itself to match you with lenders that match your lending needs. This ease of use also applies to other aspects as well. During the interest payment for instance. Borrowers can easily pay their regular interest all throughout the agreed loan duration. Their payments are distributed to lenders right on time, and are also able to be tracked anytime. Ensuring transparency and security.

Advantages Offered by LendingBlock

Another thing worth noting is the fact that loan can be provided to the borrower by multiple lenders. Meaning there is no hard rule on a single peer-to-peer transaction between a borrower and a lender. Lendingblock makes it possible for multiple lenders to chip in together in order to provide borrower’s single loan. This advantage ensures borrowers to find backers for their lending needs.

There are a myriad of benefits, one of them is easy collateral return and repayment distribution. Once borrowers have completed their end of term and paid off the loan, they will get their collateral while the repayment is directly distributed to the lender. All can be done swiftly and easily without a fuss! Below is a list of other advantages offered by the platform:

• Great cross-blockchain value transfer
• Easy portfolio and payment tracker
• Top notch wallet integration with ease of use

Providing an incredible solution, LendingBlock quickly becomes one of the most promising ICO. Take a part in their crowd token sale or learn more about Lendingblock at http://lendingblock.com.

Read More

• Share