Lendsbay proposes a new approach to loans between friends and acquaintances, An approach to financing based on mutual assistance, trust and transparency powered by blockchain technology.
With Lendsbay people have the ability to quickly and easily document a loan to a friend or acquaintance with confirmation from the other party, Lendsbay offers flexible loan terms at any time anywhere in the world.
Lendsbay has a rating system that combines all the advantages of a bank rating based on data from credit bureaus and supplemented by Big Data sources and a proximity rating.
Borrowers create a transparent, blockchain-based international credit history.
Lendsbay has the ability to draw up documents, simplified recovery and natural motivation to comply with the terms of the contract.