The launch of Berlin for Bitcoins Bitbond loan celebrates a new milestone in its business. The Federal Office of Financial Control of Germany - BaFin - has presented Bitbond, as the first company that provides financial services on the basis of the blockchain, generating has the license for the financing of small businesses in Germany. Now the company has full independence from the banks.
Bitbond offers small businesses the ability to access cheap credit, while creditors receive favorable interest rates. Because the Bitbond loan works exclusively with bitcoins, neither the debtor nor the creditor needs a bank account, which makes Bitbond particularly attractive to borrowers with weak access to the banking system.
Since its launch in 2013, Bitbond has published more than 1400 credits based on bitcoins and boasts a large user base, consisting of residents from over 120 countries.
About getting a license BaFin, founder and CEO of Bitbond Radoslaw Albrecht said that Bitbond can now function independently of banks. This gives the company a significant advantage over other financial technology start-ups that are forced to buy a license and therefore tied to a regional level where they can conduct their business.
The P2P loan model includes secured (unsecured) and unsecured (secured) loan models similar to the currently applied bank form. The only difference is that the evaluation will be done online, and the investor has the right to choose the partner who needs to borrow on the P2P platform, as well as to track the lender's profits.
Another advantage of P2P lending is that this model is based on large data technology, conducts analysis and evaluation, and checks all customer information online. Thus, the evaluation of customer information will be fast, effective and much lower in cost than traditional forms.
Interest is calculated based on the analysis of customer information, social network accounts, social trust ... Customers will be divided into corresponding groups, such as traditional banks. Moreover, P2P loan was born as a solution to replace black credit with "too high" interest rates, reducing illegal lending activities.
With P2P loans, borrowers are offered online loan services that are interesting and fast in terms of service charges, much simpler than traditional loan forms. The adequate cost of the Services will result in a higher return for investors than savings or investments in any banking product.
On a global scale, the interbank lending model is booming. This model appeared for the first time in the United Kingdom (Zopa, Funding Circle), then successfully in the US market (loan club, boom, SoFi, OnDeck, avant-garde) and peaked in China (Lufax, JimuBox, Dianrong, PPdai, Rendendai). Following this development, a company owned by Bitbond GmbH developed a new generation of peer-to-peer loan models and released BB1 tokens.
Benefits of Bitbond
Lending png
The Bitbond token (BB1) is the first security PM in Germany to give access to global lending activity.
Profit objective is 8% (see computer). This translates into a fixed rate coupon of 4% per year and a high profit stake of 60%. The BB1 Token is a superior investment because:
Profits are significantly higher than other fixed income investments.
BB1 tokens are safer and more stable than other electronic investments, as the prospectus complies with the laws and regulations governing your rights.
For the first time in Germany, real security was released without the participation of banks
Benefits for Bitbond coin holders
When the registration period of STO ends, BB1 is assigned to the investor's portfolio and immediately Bitbond finance can be transferred to exploit the stellar blockchain to provide effective and instantaneous international transactions:
Instant transfer capacity
When the State subscription period ends, BB1 is assigned to the investor's portfolio and is immediately transferred
Actual operations
Stellar is more efficient than other blockchains and helps to significantly reduce the cost of payment transactions worldwide.
Easy to install
When you buy a BB1 token, the token owner will automatically receive the star portfolio. Owners can also use existing star wallets.
Bitbond Finance repurchases tokens at the initial price of 1 euro after 10 years
To learn more about this project, please read the link below:
Website: https://www.bitbondsto.com/?a=OTDHCF
Lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
BitcoinTalk ANN : https: / /bitcointalk.org/index.php?topic:5130337.0
Twitter : https://twitter.com/bitbond
Telegram group for investors: https://t.me/BitbondSTOen
Lending png
The Bitbond token (BB1) is the first security PM in Germany to give access to global lending activity.
Profit objective is 8% (see computer). This translates into a fixed rate coupon of 4% per year and a high profit stake of 60%. The BB1 Token is a superior investment because:
Profits are significantly higher than other fixed income investments.
BB1 tokens are safer and more stable than other electronic investments, as the prospectus complies with the laws and regulations governing your rights.
For the first time in Germany, real security was released without the participation of banks
Benefits for Bitbond coin holders
When the registration period of STO ends, BB1 is assigned to the investor's portfolio and immediately Bitbond finance can be transferred to exploit the stellar blockchain to provide effective and instantaneous international transactions:
Instant transfer capacity
When the State subscription period ends, BB1 is assigned to the investor's portfolio and is immediately transferred
Actual operations
Stellar is more efficient than other blockchains and helps to significantly reduce the cost of payment transactions worldwide.
Easy to install
When you buy a BB1 token, the token owner will automatically receive the star portfolio. Owners can also use existing star wallets.
Bitbond Finance repurchases tokens at the initial price of 1 euro after 10 years
To learn more about this project, please read the link below:
Website: https://www.bitbondsto.com/?a=OTDHCF
Lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
BitcoinTalk ANN : https: / /bitcointalk.org/index.php?topic:5130337.0
Twitter : https://twitter.com/bitbond
Telegram group for investors: https://t.me/BitbondSTOen
By : sabqie2
My wallet erc20: 0x314eeD7e7eDDDD5f3364F057EAA7114483337bA0
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