Bitcoin and other crypto currencies use peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
The Lendo Cryptobank
Get Me Finance is delighted to be able to offer Lendo Cryptobank services to its customers, and bring cutting edge technology to the world of conventional lending, banking and financial services.
Lendo Cryptobank is a UK company providing a blockchain platform that is revolutionising the personal loans market. It provides conventional lenders with state-of-the-art blockchain technology that allows owners of crypto currency assets to use them as collateral for loans in fiat currency. Borrowers crypto collateral is stored in Lendo’s unique, high security Crypto Vault for the period of the loan. Lendo Cryptobank is also offering a range of additional products including credit cards, multi-currency digital wallets, IBAN accounts, a crypto exchange and more.