THE NETWORK OF DEPOSITORY, Accept Crypto as Collateral for Loans. - Dunia Internet

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Minggu, 15 Juli 2018

THE NETWORK OF DEPOSITORY, Accept Crypto as Collateral for Loans.



The blockchain system that using cryptocurrency is already booming in the world. So many users using the cryptocurrency for the transaction such as buy or sell something. There is also another area like the game and retails that covered currency also. However, this phenomenon created varieties platform with the different problem also. There is four problem generally found by all users, those are:

1. The lenders do not have to create the depository. To create the depository is so difficult in the part of a fee. That is so expensive and needs much time.

2. The big market for the digital asset for blockchain. Today the blockchain market increased with all profit and problem every day. The digital assets cannot popular in the traditional market even though the digital assets is very accepted in the blockchain world.

3. So difficult to unlock the financial value of digital assets. The digital assets do not need liquidity. To take all profit and advantage from the digital assets, the owner has to sell the digital assets. The owner can sell the assets with the high price to get profit from the assets in the future.

4. The lenders cannot accept the assets for collateral.

All those problems often appear in the blockchain world, and the users can not free to do some transaction because of those problems. In this case, there is a solution platform namely Depository network. Depository Network will give a security for assets crypto that can build around hundred collateral in the depository platform. All of the parties such as every owner of digital assets, token and coin holder will be supported by Depository Network. They also can accept the lending from some lending institution. All of the lenders in the world can create their depository in the Depository Network platform and begin to accept the digital assets as collateral. The collateral assets will keep by every lender in the separate the independent depository. Those lenders have own way to release, control and accept the collateral assets. In the Depository Network platform, the load is available independently for every currency is supported.

In the Depository Network platform, the security is very full. That was because the platform using the wallet with characteristics of cryptographically secure to save the assets, and the smart contract to finish the transaction. The lenders have a system key holder that signature to show the platform for the transaction. The key saves and known by the users and Depo. So, there is no other people can be disturbed. There is five variant signature in the wallet is used depending on the total of collateral. This platform using a token coin called as Depo token. There is a method of distributing the Depo token. From 100 % amount of Depo token, the 50% Depo token will sale in the token sale. 12 % of Depo token available for the team of Depository networks like all founder and all team. The 26 % Depo token, will be retained by Depo reservation. The remain is 12 % used to some programs in the Depository Network such as airdrop program, bounty program, ICO marketing and the last is for the advisor. 


Visit Link Below for Details Information About This ICO: 

Website: https://www.depository.network/
Whitepaper: https://depository.network/doc/whitepaper.pdf
Facebook: https://www.facebook.com/depository.network/
Twitter: https://twitter.com/deponetwork
Telegram: https://t.me/joinchat/DLXO5kw_W-NN3Y8TDlxtCg

Author: Ridwan.P
BountyHive Username: ridwanputra
Link Referral BountyHive: bountyhive.io/r/ridwanputra
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=795655
ETH : 0x8A67E2C8b994B32d73fE24C85dDAb3C88080c2E1

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