AltLending

by Dominion Capital

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Credium

by Credium

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Compound

by Compound

4.5/5

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AltLending

by Dominion Capital

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Credium

by Credium

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Compound

by Compound

4.5/5

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What problem does this service solve?

Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum.Credium is creating a blockchain-based credit database for the lending industry.Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Token Stats

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Company Description

AltLending is an institutional, crypto-backed lending platform that makes U.S. Dollar loans that are secured by cryptocurrency assets placed in collateral. AltLending is a subsidiary of Dominion Capital and is based in New York.

Credium wants to create a blockchain protocol that will be a database for the credit industry. They hope to use blockchain technology to reduce inefficiencies and increase transparency, while eliminating intermediaries.
The loan servicing and credit industry is hugely important in the United States. However, the difficulties in accessing credit worthiness, and the speculative nature of the industry, lead to inefficiencies.
Credium is launching a utility token called CDM that will be used on its platform.

Compound is an Ethereum-based lending platform that allows DApps to easily monetize or borrow tokens. The Compound token is used to power a money lending market for crypto assets. Projects can earn interest on funds that are inactive. The Compound protocol adjusts money market interest rates based on asset-specific supply and demand. This allows users to exchange Ethereum assets without having to negotiate terms, rates, or technical requirements.

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