Inlock ILK | ||||
Crypto Backed Loans | ||||
Start date | 15. Sep 2018 | End date | 12. Dec 2018 | |
Information | Inlock is a lending platform enabling cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral. Since the cryptocurrency collateral can be converted to FIAT currency immediately, the risks involved for the lender party are almost identical to a bank deposit while offering higher interest rates and profit potential. The process is fast and seamless as it eliminates the need for additional credit checks since the borrower provides collateral, which offers rapid and flexible convertibility. | |||
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Whitepaper | Bitcointalk (not available) | |||
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