FintruX Network FTX to CommerceBlock CBT Exchange

Crypto Pair Details: FTX to CBT

FintruX Network FTX

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.

CommerceBlock CBT

CommerceBlock is a public blockchain infrastructure company that is architecting a platform that allows anyone to build and use financial products and services historically reserved for commercial banking customers. The CommerceBlock network will be the first technology platform that provides a combination of trust minimal trade, decentralised contract execution, on-chain derivatives, and asset-backed token issuance to public blockchains. The advent of the Bitcoin protocol has enabled permission-less financial innovation. CommerceBlock’s product offerings provide a suite of tools that enables anyone to build and use services that construct contracts, manage trade flows, engage in multiparty dispute management, issue assets, and hedge currency risk. Developers and end users will be able to manage all stages of a business interaction and fulfil their contractual obligations by utilising the CommerceBlock platform. These services will be integrated into infrastructure we have already implemented. We have released the first open-source implementation of the pay-to-contract and homomorphic address protocol outlined by Timo Hanke and Ilja Gerhardt. The protocol has been designed in such a way that all business logic, customer funds, and trade details are managed on the client side meaning at no point does CommerceBlock have access to customer funds or private information.

SOURCE: COINGECKO

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