Lending and profit on the blockchain – Bitstrades targets new markets

Considering how much bureaucracy goes into getting a loan, it is not surprising that peer to peer lending has become so popular. It leverages tech platforms to allow users to negotiate and enact loans between themselves. One of the more promising developments in recent times is that of how blockchain technology can make this kind of lending more efficient and secure. Blockchain technology is both secure and transparent, which dramatically reduces the risk of fraud in the industry. Furthermore, features like smart contracts can automate and guarantee the functioning and integrity of agreements. Disclosure: This is a Sponsored Article Bitstrades