The number of cryptocurrency on the blockchain platform is increasing day by day, on December 31, 2013, the total cryptocurrency market was capped at $ 18 billion. But just one year later, the number has reached 800 billion dollars.
The number of crypto is going on in the future. As a result, Cryptocoin’s investors have been set a billion dollar worth of valuable crypto resources. Cryptocurrency owners for digital credit platforms now provide real loans through currency and can use their digital resources as collateral to secure it.
Because we already know all the cryptos values in the blockchain network fluctuate which is true for all cryptos. So all the cryptos have many opportunities. Moreover SALT is now on the most popular cryptocoin in Blockchain platform. @rhjibon17
Backward loan SALT crypto, this crypto allows you to enjoy your block quake resources to protect you by providing cash loans. SALT makes it easy to get money without selling your favourite investment.
The first loan platform to enter the crypto space is a digital loan platform based in Calgary, Colorado, the SALT crypto platform. Below I have given a brief information about SALT crypto.
So in the future, it will take its place in the toplist and its names spread around the world on the Blockchain platform and like Bitcoin, Ethereum. Which would be really astonishing. This crypto is really good for any investors. @rhjibon17
What Is SALT Crypto ?
SALT’s full name, “Secured Automated Lending Technologies,” indicates their purpose and process. Accordingly, the SALT publishes its service as a traditional lender-protected and traditional debt.
SALT creates a new system for the distribution of debt on the Blockchain platform so that the user can easily complete his transaction and his inherent smart agreement.
According to FICO data in Blockchain networks, more than one-third of all people (37%) have a fair or poor credit score that SALT projects have been able to provide for loans. It is really good crypto for any investors in blockchain platform.
Most lenders assess the eligibility of a creditor by evaluating his credit score. If the borrowers receive an optimal rating, then they are likely to secure a loan. However, for various reasons, many people have stigmared credit scores and they are unable to access various opportunities available to others.
SALT is a debtor, where credit is provided based on their credibility determination. The SALT project offers users to keep crypto transactions and other blockcoin based assets secure. It is very easy to deal with users and it is done safely.
About SALT Project :
By buying SALT token, users can easily become members of the SALT project. The SALT platform has three layers – members, principals, and enterprises. So that users offer more convenient and more secure conditions for any loan.
SALT is a lender crypto who has taken the assets to the blockchain platform. It may include cryptographers like Bitcoin, but it may include other block-based resources. After verifying and accepting the SALT, the borrower sends a smart smart agreement to sign in.
The speed and ease of the Smart Agreement mean that the borrowers are listed on their transactions within a few days of their credit agreement signing. SALT is an important project that maintains a parallel borrower’s property and does not have the responsibility to secure this property in the hands of their owners.
With other traditional loans, paid calendars and amounts are already determined and the user gets regular payments till the loan again. At this time, SALT can not be fined in any way after lending. If a borrower is not able to make a payment, a parallel portion is leaked to pay that portion of the loan.
However, because the borrower is the owner of parallel property, SALT ensures that. When a borrower repays full debt, parallel is returned. At this time, SALT users are welcome to accept a new loan, or they may use their blockwish assets for other purposes.
The Team Of SALT :
Below The leadership of SALT is included them:
Founder : Erik Voorhees
CEO : Shawn Owen
Creative : Caleb Slade
Finance : David Lancer
Compliance Specialist: Josef Schaible
Operations Developer : Gregg Ball
Strategy Developer: Ben Yablon
Business developer : Blake Cohen
The technology and product team is included below :
CTO : Phil Cowan
Product Lead : Jeff Vier
System Architect : Chris Johnson
Mobile and Web Developer : Chris Ellis
Blockchain Developer : Sean Luther.
Core Developer : Patrick Medaugh
Application Development: Dave Daniel
UI/UX Leader : Justin Ellis
And also Jon Shapiro as the blockchain advisor, Michael Perklin as the blockchain security advisor, Josh Datko for security, Marion Keyes for tax, and Richard Levin as outside counsel. They are always doing hard work for giving a good place SALT crypto in blockchain platform.
SALT ICO and Token Exchange :
SALT launched its ICO in August 2017 and sold to Token 15 August, 2017, which was almost $ 50 million.
When SALT was the first exchange, it was worth less than $ 5, due to the progress of time, its business is also good. So with the arrival of the new year, its value increases, and it eventually reaches $ 1.161 USD. As a result, its progress has been dialled and about $ 8 has been settled.
With total market cap of around $ 320 million, SALT is market cap, according to the latest data from our currency ranking. This is consist of a circulating supply of 59,265,391 SALT out of maximum supply of 120,000,000 SALT and an exchange rate of $1.161 USD per token. I think that It’s values increasing day by day in future of blockchain networks.
Future Plan of SALT :
SALT project future plan is included that its easy use as the primary feature of its platform. This is the unique crypto design and friendly blockchain platform entrepreneurs and casual in any investors of blockchain.
In addition, a promise of easy application, fast approval, and no credit check. Although these commitments can often make this commitment due to the ability of low-age, SALT blockchain capabilities and parallel usage with reputable lending institutions.
In other words, the speed and ease of use are unrealistic promises, rather than legitimate attributes. In addition to the credit check, SALT insists that they follow the anti money laundering law and know your customer check. @rhjibon17
The Community & Partnership Of SALT :
SALT has a strong social media presence with more than 56,000 peoples Twitter followers in addition, SALT maintains an active presence. Reddit with about 6,000 customers and more than 15,000 members of their Facebook community in social media.
The SLT lending platform depends on a network of lenders that are fully accredited and encouraged by competition to provide a standard interest rate for the borrower.
SALT has a dozen strategic partnerships. These companies are using their services or partner in platform development.
Potential Customer Of SALT :
Both individuals and business organizations have access to the SALT’s lending platform. For individuals, there are opportunities for day-to-day businessmen and long-term investors to achieve capital through the transaction process. In addition, there are several use cases for enterprise integration.
The member profiles that outline the SALT person, usually include long-term crypto investors and day-traders.
Their Enterprise Member profiles will be more broad and potentially included:
Exchange
Remittance services
Gaming Platforms
Payment processor
Miners
ICOs
The bank
The Roadmap Of SALT :
Q4 2017- Launch Blockchain-backed lending platform , BTC collateralized
Loans, Launch Loan Fund
Q1 2018- Development Platform : API & Dev Tools, ETH Collateralized Loans
Q2 2018- Launch Credit Cards
Q3 2018- Alt Coin Collateralized Loans, Launch SALT Foundation
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Final Thought :
If you read my full article, you’d enough information about SALT crypto and token in blockchain platform. I think, BitShares is an important crypto coin. Although it is still not a valuable currency, but in the future it will remain at the blockchain as a very valuable currency.
Because, we have already learned about this exchange, it is very good for decentralized exchange. Token transfer on this project offers a very low fee, so everyone can use it very easily.
SALT joins a growing crypto loan market that creates new services using the increasing popularity of cryptocurrency. SALT makes a distinction between the use of Blockchain-based resources for paying a fate rather than a digital currency loan.
In this way, SALT is joining the extensive crypto ecosystem with traditional financial expression. Its success depends largely on the expertise of reputable, reputable lending institutions to take part in their platform. After all, if the loan platform is useless it can not achieve the most basic functions.
However, their first success started an encouraging, and their next steps are valuable observers. Get more information about any crypto, you are be always with me.
Coins mentioned in post:
yeah. Thanks for mantioned my post
Thanks for letting us know about this crypto. Hope SLAT will be able to get a good place in crypto market.
yeah. Though SALT crypto's price is low now, but it'll increase value in future
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thanks to give upvote and comment