Gelios is a cryptocurrency lending marketplace. The mission of the Gelios platform is to provide a whole new level of flexibility to the lending industry. Gelios utilizes a decentralized credit bureau built using the Hyperledger Fabric blockchain infrastructure to allow people from all over the world to receive capital. This capital may be used for various purposes.
These may include personal finance, SME financing, or long-term loans. Gelios aims to provide a “pure platform” approach, that enables different parties to interact, communicate by smart-contracts. This approach will lead to synergy in work and a better credit process. The main operative function of the Gelios platform is to bring potential creditors and borrowers together by way of a matching mechanism. This mechanism helps both parties reach a consensus on the period of the loan, the interest rate, and the identification and validation procedure. This will make the borrowing process fast, easy, and available online to anyone, anywhere.
We list the most relevant upcoming crypto market ICOs from the industry leaders
Ever since cryptocurrencies came out of the shadows and into the light of day, new tokens have been emerging at a rapid pace.
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The evolution of the internet and other accompanying technologies brought change to nearly every industry in the world, particularly when it comes to trading and finances. Only a few short decades ago, the only way to buy something was to show up at the location and purchase the item you needed.
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The modern financial trading has already transformed into a complex science with an enormity of terms and instruments that may seem incomprehensible to an average person...
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Crypto and blockchain technologies are capturing the attention of everyone, everywhere these days. However, institutional investors still hesitate to join the sector in greater numbers. Most likely, their hesitation comes due to the lack of regulations, and the risk is simply too great.
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