RAD

Overview

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Position in Rating
54
Since 11 July, 2018
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Official Name
RAD
Year founded
2018
Offices in
1300 I Street NW, Suite 400E, Washington, District of Columbia, 20005, United States of America
Website Languages
English
Start-end ICO
2018.05.15 - 2018.08.15
Industry
Financial Services
ICO Platform
NO
Official Website
Official e-mail
 

RAD is platform that aim to provide traditional credit solutions to crypto investors, miners, lenders, freelancerse. Credit products that use crypto-secured RAD Lending will fill the gap between crypto holdings and real-life fiat spending. Assembling a team of former IMF employees, credit card, marketing, blokchain and product development experts, RAD Lending and its platforms are planned for the long run.

P2P lending platform:
- Connects invеstors with borrowers on a digital marketplace augmented with cryptо-secured lending.
- Uses an exchange-like matchmaking engine to balance attractive interest rates with a high yield for invеstors.
- Supports a variety of fiat currencies with platform Fiat tоkens

Crypto secured lending:
- Uses cryptо collateral against a fiat loan or credit product
- Overcollateralizes loans to protect against volatility
- Provides smart contract-controlled decentralized and secure collateral management technology

Digital credit history and scoring:
- Allows users to control the disclosure of their digital credit history, which will be accumulated on a blоckchain.
- Applies machine learning algorithms to transaction history and cash flow

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