Unlike EthLend, which is lending agnostic, Wish Finance is specifically for lending to small and medium-sized businesses, otherwise known as the SME market. Wish is based in Singapore. The white paper explaining their program is found right here: Wish Finance White Paper. Wish also has a separate pdf file giving an overview of their business. … Read more
Where We Were The first generation of Blockchain Lending was lending in Bitcoin. For Americans, Interest earned has always been taxable and loss of principal has always been deductible when accounted for correctly and filed on the right forms. I wrote a piece on this subject back … Read more
Hey guys and gals, did you miss me? I’ve been spending most of September putting the finishing touches on my book. Are you interested in a copy when it’s published? You can get on the advance mailing list for a discounted copy right here: http://eepurl.com/cOtAbr Now back to our original programming…..Blockchain-based lending to be specific Bitcoin … Read more
The P2P Lending industry and all crowdfunded loans is an ever-changing landscape. It means we need to always be aware of what’s going on and things can change fast. This week, I’m looking at stories that are national, international and transnational. Let’s take a look…. A UK Equity Investor on P2P Lending This AltFi piece describes … Read more
My discovery of Bitcoin started as an attempt to diversify my own p2p lending investments. I found Bitcoin to use as an investment tool. My education in Bitcoin started there and from there I learned about its privacy features, its purpose to be outside of the conventional banking system and all the other reasons why … Read more
I’m long on bitcoin. If you read this blog, then you know that. Until early June I’d never bought any other cryptocurrencies other than BTC. And now that’s changed. I’ve added 3 new cryptos to my portfolio: Litecoin, Ethereum Classic, and Ripple. Are you curious about other cryptocurrencies? I have fundamental reasons for each purchase … Read more
Blockchain Blockchain Blockchain. If you have even a casual interest in finance, then you’ve heard lots in the last few months about Blockchain, which is the underlying technology behind Bitcoin. There are tremendous potential applications with it including in financial services, healthcare and even identity. It also means 2 things for Bitcoin. Bitcoin has taken … Read more
This is the third part in a series of blog posts written by Stu and Chris that first appeared on LendAcademy regarding the state of the p2p bitcoin lending industry. This article was written by Chris Grundy, Marketing Manager at Bitbond, who tries to take account of more traditional lending platforms as well blockchain-based solutions. … Read more
This past Monday I went to Distributed Markets here in Atlanta and led a panel discussion on Debt Markets and P2P Lending. The theme of the conference was the use of blockchain technology by financial services companies. I thought I’d share with you what I’ve learned there. Enthusiastic Mood Everyone is excited about the potential … Read more
Bitcoin is Confusing Bitcoin is hard for many people to understand. The difficulty makes sense when you think about it as it is both a currency and a payment/transaction system among other things. We don’t talk about Cash and the Mastercard/Visa network like they are the same because they aren’t even though you use both … Read more