Fintrux looks forward to working with for the loaning and lending industry within the blockchain world, important to know each and every detail about the company or the organization with which you wish to proceed with and nurturing your investment results. This will help in getting the best results in every way. The one who is providing the money is a larger risk and can even end up losing their money after providing a lot of loans. Interest cost reduction is one of the most important motivations in securitization. It is often done via credit enhancement.

By applying credit enhancements, FintruX Network seeks to neutralize the lender’s credit risk and, in the case of a default, provide cascading levels of insurances to cover the loss – thereby increasing the overall credit rating and lowering interest rates simultaneously. The four cascading levels of credit enhancement include over-collateralization as additional collateral, a local third-party guarantor, cross-collateralization as insurance, and FintruX ultimate protection reserve.

The Fintrux system makes it open to the lender that they will be ultimately ensured whether or not they are paid. In this way, the investments will be really easier as there will be no chances of welcoming risks and neither any issue involved with transactions. These contracts will be made ambiguous so that there are lesser disputes. The in-built matching service of the platform will help people in getting access to their matches and thus, to conduct the process of lending money a hell lot easier.
That is given as a loan will have its 10% amount as collateral. If the person does not pay the lender in the given time, they have an upper hand as the company will ensure them already. However, the borrower will receive only 90% of the loan but this is for their benefit as they will have to pay less interest as Fintrux has to also take care of eliminating the risks.

Solutions that Fintrux brings forward
Credit Enhancements: By making use of this service, the Fintrux platform will make sure to neutralize the credit risk of the lender. When the rates of risk are reduced, it brings peace of mind for the lenders and also providing the benefit of paying less interest to the borrower.
No-Code Development: Every time a loan is approved, the smart contracts are automatically issued and generated by the Fintrux network. This enhances unambiguous and immutable records that will need no alteration.
Open Ecosystem: The instant matching process already takes care of half of the things and the other half is done when it simplifies the application process that provides administrative access to the users.

Token Sale

The Token sale of Fintrux will use FTX Tokens and the participants will have to buy FTX tokens during the sale.
FTX tokens can be easily purchased by using ETH and the rate at which the participants can buy it has been allotted to 1 ETH = 1500 FTX Tokens.
Huge discount within the range of 5% to 10% for the early birds. This discount is given when they buy FTX tokens at the beginning of the sale. Well, in order to get it cheap, it is a bright idea to participate in the token sale now.
user experience on the FintruX Network as soon as we launch our platform in Q3 2018. For the FintruX Team, our partnership with Bloom reflects our commitment to become the prevailing blockchain ecosystem for global p2p lending. We’re also excited to let you know that we are actively pursuing multiple strategic partnerships that will add further value to our platform.

more information follow link below:
Website: https://www.fintrux.com/
Whitepaper: https://www.fintrux.com/home/doc/whitepaper.pdf

author: visixom
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