What problem does this service solve?

ETHLend is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.

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

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

Token Stats

Company Description

ETHLend is developing a decentralized lending network powered by the LEND token. It connects lenders and borrowers in an Ethereum-based lending platform that is more transparent and has lower fees.

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.

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	(0)	4/5 (1)	(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

ETHLend vs Compound vs LinkEye

ETHLend

Compound

LinkEye