Lending is a complex mesh of activities like managing the customer, mitigating risks, overseeing payments & defaults, and keeping up with regulations. Things get more complex as multiple institutional parties are almost always involved and there's a lack of transparency and end-to-end visibility in the process for the user.
Blockchain and smart contracts have often been quoted in the context of eliminating intermediaries i.e peer-to-peer decentralized finance. However, smart contracts can be used both with and without a blockchain.
This webinar expresses our intent to solve these challenges presented by the traditional ways of lending with a decentralized approach. This makes the lending process more user-efficient, saves cost by removing the need for intermediaries, and helps resolve it quickly.
We will also address bridging the internal data islands as well as solving the most pressing problems that enterprises face today with Digital CX & Analytics. This also creates the foundation for multi-enterprise collaboration on the end-to-end business process, and finally the adoption of a decentralized model, if required.