HOMELEND: THE NEXT GENERATION OF DECENTRALIZED HOMEBUYER MORTGAGE FINANCING PLATFORM

adoghame (8)in #ico • 6 years ago

Homelend is a decentralized stage that empowers you to Finance cutting edge contract loaning. Country makes an interface for arrange collaboration between borrowers, credit authorities and diverse social events engaged with the home advance esteem chain. In this way, it gives a home advance switch venture utilizing a common model with security, straightforwardness and computerization gave by scattered book development (DLT) and splendid contracts.

The Homelend Advantage:

From manual, since quite a while ago, streamlined and Efficient

Installing pre-characterized business justification into sharp contracts, digitizing documentation and killing absurdly shapes, Homelend will naturally execute a conclusion to-end start process, chopping it down from 50 days to under 20.

From Ambiguous, clumsy to Transparent and straightforward

Homelend expects to make a loaning technique that isn't simply sharp, yet moreover direct and sensible. It will enable borrowers will have the ability to easily apply for a credit, track their application status at all conditions and communicate clearly with contract advance masters.

From Costly Intermediation to Cost Effective and Middleman Free

The perpetual nature, security and straightforwardness gave by DLT makes it possible to record trades, including credits, without banks going about as go betweens. This will decrease costs for the two borrowers and credit experts, while limiting the partition between them.

From Vulnerable, Unreliable to Trusted and Secure

Centralization and paper-based systems are the key factors behind the uncertainty and powerlessness that depict the regular home advance industry. The exceptional qualities of DLT and shrewd contracts enable Homelend to give a stage to people to execute a considerable measure of trade out a trusted, direct, and secure way.

Home advance LOANS BASED ON THE COMPANIES

Having a house is one of the fundamental human needs - a need that a large number individuals can deal with the cost of by taking out a home advance from a Bank. More than 8 million home credits are issued yearly in the United States alone.

By installing pre-characterized business reason into splendid contracts, digitizing documentation, and dispensing with trivial techniques, Homelend consequently executes the conclusion to-end creation process, diminishing It from 50 days to under 20.

How it works in stage?

Interfacing the borrower and banks in a stand-out manner, which is controlled by sharp contracts, without including middle people. Borrowers will apply for a home credit progress through the stage Homelend's. These applications will be inspected and endorsed (or not) with the help of machine learning and electronic thinking development. By then, every bank will have the ability to back a pre-affirmed progress by buying "Iris " from them. All methods will be controlled by the understanding clever Protocol, not by individuals. In the Homelend's stage, data gathering is done in a way that is "altogether exceptional ". Indeed, even the information are in the paper-based documents should be traded to the propelled storage facility development based circled record. This information is given by the customer and checking through the expert confirmation supplier.

Monetary streams in the Homelend, the flood of budgetary resources from advance masters to borrowers (and, eventually, for the merchant) is run essentially by splendid contracts. There are money related administrations, control or the taking of decisions by Homelend.

After the buyer get pre-endorsement from the system, with respect to a specific property, contract progress agreeing "enrolled " on a Homelend's stage. In this way, the borrower has presented a specific face, and the measure of the credit is resolved.

Homelend is being created as a blockchain course of action that basically will build lodging financing possible results for a few people and families. Our esteem proposal to touchy social and dynamic approach moored in P2P that expects to use advancement to benefit society. By and by, Homelend is moreover in perspective of a sound and gainful plans of action, who think about achieving underserved publicize address. From one perspective, Homelend makes a venture open entryway for a few people, with arrangements that join the customary enterprises as land, with imaginative advancement, for instance, blockchain. On the other hand, it makes it useful for a few people (who on account of different conditions, incorporating the present constraints in the regular credit chance models don't have a solid FICO rating, yet by and large extraordinary) for access to financing lodging and understand one of their most fundamental goals: have their own one of a kind home.

About Token

HMD token is the fuel powering the Homelend peer-to-peer lending platform. The main function is to provide access to the Homelend platform.

Token this utility also plays an important role in enabling a fast, smooth and user-friendly unified workflow and secure.

All Token can be converted to and from the HMD.

The symbol : HMD

The number of supply : 250 million +

The standard : ERC-20

Face value : 1 ETH = HMD 1,600

The currency : BTC, ETH, USD

Softcap : US $5 million

Hardcap : US $30 million

Their team is very strong and professional to build this project