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RE: PROPOSAL - Hive.Loans 60 Day Rapid Development Funding Proposal. A Complete Operational Overview of the Innovative "Account as Collateral" Zero Risk Lending Model - Cleverly Leveraging HIVE Blockchain Functions to Facilitate Risk Free Capital Loans.

in #hive-dev5 years ago (edited)

As per blocktrades discussion with you below I am happy to support this proposal. This is a good idea for microfinance, and it will add value to the chain globally. Not only we should do it, but I think it is marketable outside the chain, as we are feeless. Especially, during the time of defi, I think this can catch a lot of wind!

I thank you for coming up with this idea.

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You are most welcome. I'm honestly surprised it took this long for someone to come up with a solution to the power down problem.. When I started out 5 years ago I had no idea it would be me to end up building something like this. :)

This is as close to DeFi as one could make with the current rules of the chain.. However I think the invention of this will lead to more great inventions on HIVE.