What problem does this service solve?

Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum.

LinkEye's decentralized database of credit data will enable more people to have access to credit and financing.

Token Stats

Not Relevant

Company Description

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.

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.

LinkEye is creating a blockchain platform for a global credit alliance. Their goal is to create a decentralized database for credit data, based on Hyperledger, that will facilitate greater access to loans. The platform is powered by the Ethereum-based LET token.

Ratings

Overall	4/5 (1)	(0)	(0)
How likely is it that this platform will exist in 10 years?	5/5
How effective is this platform in connecting supply and demand?	4/5
How does this platform compare to other decentralized lending services?	4/5
How likely is it that you would use this type of lending service?	5/5
Do you agree that this blockchain-based solution can improve upon existing technology?	5/5

Compound vs AltLending vs LinkEye

Compound

AltLending

LinkEye