FINTRUX REVIEW ABOUT FINTRUX (THE GLOBAL P2P LENDING ECOSYSTEM)

semolim (25)in #ico • 7 years ago

Fintrux network is the first smart blockchain, based online marketplace and include automated administration platform with connecting borrowers, lenders, and specialice service agent, enabling to configure and construct each borrower contract at real -time. Fintrux make smart contract is fully-customized and very simplified, it very easier to understand and without ambiguity. Smaller and easy programs also lead to the lower gas fee.The Fintrux technology just supports this make innovative marketplace and administration model to make very efficiently connect and true process the global supply and demand of capital. Fintux platform also make removes the need for physical infrastructure and brings outs convenience and total automation, increasing efficiency, reducing a manual processes and improved the overall borrowing and lending experience. Fintrux use cascading level of credit enhancement to improve credit worthiness. Through with credit enhancement the lender is provided to smart reassurance that the borrower must honor the obligation through over collateralization as with additional collateral local third party guarantor cross collateralization as insurance and smart Fintrux ultimate protection reserves.

FINTRUX BUSINESS MODEL

CUSTOMER

FintruX Network is a multi sided platforms and the ecosystem can delivers value not just to borrowers and the lenders, but also with guarantors and agencies. The lender cans deposit funds and make choose a credit decision package provided to one of the rated agencie,with include recommended fraud,smart identity and make credit scoring agencies. Borrowers filter criteria it based on available to funding parameters and instantly matched to appropriate lenders. Borrowers can to be represented by affiliate marketing agency all partners. After due diligence it’s can fund is provided and will subsequently lenders receive the smart invested principal and interest any upon payments make by the borrowers. Participants can contribute to Finturx platform to funding and for each actions as it is being performed at the network.

TOKENIZATION

Fintrux Network make the exception of the collateralization pools and currency being financed, it is can to make everything is tokenized. Agencies, guaranty, and Fintrux Network will be paid atFTX Tokens. Rewards and late charges to borrowers are will paid in FTX Token as well. FintruX will continuously sell collected token back to the all participant to finance the operation and must provide liquidity. This is creates a tokens economy to the limited supply of FTX Token

COLLATERALIZATION POOLS

FintruX Network will be collects about 10% of each loan as over collateralization and injects that in to the respective cross-collateralization pools. Each pool is designated by the same credits, decision package and in the same currency. In addition, 5% FTX Token it is reserved to cover credit/default losses as a last resort.

THIRD PARTY GUARANTOR

Local lenders can select from a list of local loans and must to varying incentives to act as guarantor. Once committed, any left over to unpaid delinquency or default loans under their protection can be paid for by this guarantor.

MONETIZATION

Matching fee cans to charged to both borrowers and lenders. Likewise, a transaction fee in FTX Token can be charged on every scheduled payment.

THE FINTRUX NETWORK

FintruX Network is leads the road towards with credit democratization, offering an innovative and easy alternative to credit access. The FintruX Network marketplace and automated administration platform is a credit enhanced with P2P global financing portal at blockchain. It is primarily to enabling startup and small businesses to borrow from local accredited investors and financial institutions. They can to borrow in crypto currencies, and everything is performed globally. Maximize credit enhancement benefits, local third party guarantors are invited with cover any lose arising from delinquencies or defaults that to the overcollateralization can’t adequately cover.

FINTRUX TECHNOLOGYS

Blockchain

Fintrux marketplace leverages with blockchain technology which offers all participants consistent, to shared and secure processes. Decentralized blockchain allows a completely trustless interaction between parties which removes any third party costs and commissions.

Private, High -Performance Storage

Process certain transactions, private and confidential information is required be stored and exchanged. Our storage include secured SQL database. It complements with the blockchain network to providing fast access data such as borrower records or any confidential information. Multiple levels of security, external authentication and very strong usage profiling are involved.