Getting an unsecured loan can be easy, fast, and affordable with FintruX’s ecosystem of rated agencies, decentralized technology and revolutionary credit enhancements. Cost reduction is one of the most important motivations in securitization. It is often done via credit enhancement. We can apply the same principles to reduce the interest rate required by unsecured loans, making it attractive to both borrowers and lenders. Our goal at FintruX Network is to disrupt the way unsecured loans are being originated and administered.
Boom Token is a social experiment. Blockchain gives us an opportunity to create this deflationary currency, and the deflation mechanism is fully based on smart contract. The basic rules are as below: There were originally 1,000,000,000 Boom in existence. Each on-chain Boom transaction completed, 1% of the transaction amount burned. There will never be newly minted Boom.