I love the phrase "The project creates more favorable conditions for all major participants". The current system has a lot of issues like middlemen, lending from the world banks or other countries, hence the interest rates go high. We need a system like the Distributed Credit Chain for the betterment of people who would like to lend when in real need with better repayment options.
You are viewing a single comment's thread from:
Welcome, @aashucryptocharm, Developers will have to try hard to create a system more successful and fair than the modern banking system. Malicious defaulters will always create a load on the system.
Yes , we need to change , the existing banking systems are very old.