INTRODUCTION
It is almost difficult for those with no access to banks doing so much in the financiaI world or even the world of business. The bank plays a great role and there is no doubt about that but what about those who won't eventually get in touch with this great institutions, does it mean that they are going to be sidetracked from the business world? Most definitely not. However, there is a need for growth and expansion of the banks especially when it comes to its loan services. This is because there are more people becoming interested in expanding their businesses with the loans they hope to get from the financiaI institutions. Now finwhalex is aiming to make loan services easy and accessible to all.
WHAT IS FINWHALEX ?
This platform is a well established lending community with a painstaking design. It is setup to make people access credit infrastructures that are controlled and run by the machine learning algorithm. It is a p2p platform, meaning it only stands as the intermediary between different individuals that can provide services to themselves only that it ensures a perfect interraction and transparency between them. Finwhalex consists of investors willing to give loans and users ready to get loans. The operations are monitored and guided to ensure they both meet their end of the bargain just as they must have agreed upon. Usually, all the users have their profiles up in the ecosystem, displayed and made visible to the investors. They are given loans and expected to return the money with interest. All the parties engaging in this process will really gain so much from it because investors have a great stake in the stock market.
THE UNIQUENESS OF FINWHALEX
There is no need for third parties because the monetary services are straightforward with no barriers, so to sustain such an operation, there is no need to involve third parties.
Smartcontracts are prepared based on the technical support to aid the movement of funds, to eliminate risks involved in the system. However, the credit history of the borrowers speaks volume about their status in the platform and how trusted they can be. The investors have needs for all these to be sure of what they want to engage in or the type of users they want to deal with.
The platform represents the liquidity provider in trades and prides itself as a very special PaaS. This makes them active in margin trading. The traders here or investors can easily increase their value and their funds through the Interest on the money they give out as loans. An exchange where users trading balance can be increased for lenders will also be formed. That will form the collaterals to be used.
Finwhalex makes partner exchange able to provide other ranges of solutions for their users to easily adopt new trading skills to scale higher. They can easily diversify and make use of other types of financiaI instruments. The results will be a reduced commission fees and the abily of users to focus on their trading operations. This is what using this system brings to individual investors because before this platform, there have been countless attack on their activities due to the absence of liquidity.
Conclusion
What is needed right now is for all the borrowers in this loan innovative platform to setup their accounts, create their profile to attract investors and keep growing as they engage with investors financiaIly. Security of services will be surely gotten while financiaI transactions around the world will have a better meaning than how it has been before.
USEFUL LINKS
Website: https://finwhalex.com/
Telegram: https://t.me/finwhalex
Twitter: https://twitter.com/FinWhaleX/
Facebook: https://www.facebook.com/FinWhaleX/
AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2652432