F:01-02 P2P

peer to peer lending

Vishakapatnam

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Technologies Used

Android
Blockchain
Fintech
Docker
soapUI

Project Team

K. Nandini
Designer Developer
alekhyatuti97
nagamani.kapuganti7
Designer Developer

This team is looking for

Product Manager Investor
REQUEST TO JOIN

About

The main theme of the idea is that we provide trust between two parties without using any third party like banks .Initially we have a list of registered lenders and borrowers.Here the process of registration involves uploading certain kind of documents like salary related documents,income resource documents and etc.. Borrower can take a loan from any one of the lenders whose are present in the given list based on their ratings.Rating involve certain parameters like interest rate,duration,distance(where the lender exactly located)etc.. Here we put each transaction performed by lenders and borrowers in the block chain and which is cannot be altered once put in the network so borrower cannot escape from the repayment of money which was taken by the particular lender.

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