Credit & Lending Assignment

Question 1: Generally, in banking operations, business activities involve receiving bank deposits at customer's deposits at a lower cost and then lending them to customers at a sufficiently high cost to bring benefits to the bank. Loan business is extremely dangerous, so lenders recommend that you adopt the principle of good loan or loan guidelines. The specification of the loan does not prevent the risk associated with the loan, but it reduces the risk. In order to deal with Shepard 's credit requirement, they are used as CAMPARI loan principles have been proven to help create credit guidance for credit decisions.

Loan business: The loan business depends on credit scores to determine the issuance of loans and interest rates. Bloom is perfect for these businesses. Loan companies can use BLT to check someone's credit history, verify their identity, participate in network development and update. Non-loan applications: Like traditional credit scores, Bloom offers discounts for non-loan applications. Examples include reduction of registered fraud, creation of distributed reputation, permission to identify and evaluate fraud risk on a global scale, and so on. These companies can pay for the BLT needed to generate BloomID on their behalf to reduce friction and improve security. Alternatively, you can use BLT to check specific identification functions after registration.

LIBRA CREDIT is a distributed global loan network that can open credits anytime and anywhere. Established by former PayPal's technology and financial experts, Libra Credit is the leader in the loan industry, centered on block chain technology. Using a distributed loan intelligence agreement, Libra Credit allows borrowers to choose between two types of loan sects. Stable encryption currency or equality currency. Libra Credit revolutionizes the financing industry by blending the power of a mature global financing network, diverse entrepreneurial leadership team, and block chain technology.

Libra Credit takes over 16 million dollar democratized loans and brings liquidity to the encryption market

This is an opportunity to miss all the encryption currencies today. The cryptographic currency is creating new funding. Unlike the credit market, the credit market pretends to expand the money supply and lends it 10 times by part of the preparation loan, the encryption currency is actually printed. Instead of lending it to people, they handed them to the network. Mine workers were drafted at random to operate the network smoothly. You may be walking, drinking coffee, and calling your phone to protect the network for a few minutes. After that, it went back to sleep. As an added bonus, in addition to installing the app on your phone, you may win a new coin. Simple?