Bank loan vs Crypto Loan – provided by Lendabit.com lending project
Below you will find an informative and illustrative infographics compiled by a team of financial experts at LendaBit.com. For your convenience, feel free to familiarize yourself with 10 fundamental differences between traditional bank loans and blockchain-based P2P loans. They are as follows:
Starting from the very inception of LendaBit.com, Alex Maznyi has become an inseparable team player by strategizing and monitoring the development of the P2P lending platform. Alex has been in the finance management and risk assessment for about 10 years and he perfectly knows that blockchain and cryptocurrencies will eventually drive out the old-fashioned financial institutions and bureaucracy.