WeTrust - Trusted Lending Circles powered by Blockchain - 1 views
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John Kiff on 19 Mar 19WeTrust is an Ethereum-based decentralized financial services platform. WeTrust's first product is a Trusted Lending Circle (TLC) platform. A TLC a group of individuals who agree to meet for a defined period in order to save and borrow together. TLCs are commonly built along clan, geographical, social, or professional networks. These organizations have a variety of different names such as: tontine (Cambodia), susus (Ghana/ Caribbean Islands), tandas (Latin America), hui (China), chit funds (India), cundinas (Mexico), etc... https://www.philadelphiafed.org/-/media/community-development/publications/discussion-papers/discussionpaper-ROSCAs.pdf