ETHLend is a blockchain startup founded by Stani Kulechov. ETHLend aims to provide a global peer-to-peer lending market by using blockchain technology and smart contracts. Beyond local lending. ETHLend unfolds global lending by the use of cryptocurrency. Lenders and borrowers use Ethereum-native token Ether (ETH) for the loan transactions. By using Ether, the loan transactions are executed within seconds instead of days, which is a medium equivalent within the banking system on international transfers.
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