AltLending vs Credium vs Compound
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
Not Relevant | Not Relevant |
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. | 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. |