ETHLend, a 100% decentralized peer to peer lending platform, is a decentralized application (DAPP) developed upon the Ethereum Network.

As the global P2P lending market is expected to grow at a CAGR of 53.06% during the period 2016-2020, the need for a secure, blockchain based way of lending is growing steadily. Moreover, lending between participants from different parts of the world is now accessible.

From now on, ETHLend’s Smart Contracts ensures – anywhere, anytime – immediate secure lending and borrowing possibilities, stimulating lenders and borrowers quicker than any known financial institution on the planet. Finally reducing interest rate differences between different parts of the world by providing global liquidity pool by peer to peer.

With our first loan completed on 8 June, ETHLend is already working hard and efficiently to give everyone the ability for decentralized lending. One of the major advantages of Blockchain-based decentralized lending is the fact that it offers accessibility to global capital and reduces the dependence on bank procedures or even the access to banking infrastructures in developing countries.

The process is simple. Instead of lending FIAT currencies, users use Ether, a crypto-currency that runs the Ethereum blockchain network. Since lending is decentralized, the loans are running on blockchain, which means that once deployed, no one can manipulate, change or prevent the loans (not even ETHLend), thus providing security by design.

Secured loans. The borrower uses ERC-20 compatible tokens that may represent any value as a collateral for loans. Alternatively, borrower may use Ethereum Name Service (ENS) domains as a collateral. Today ERC-20 tokens are valued over few billion USD and ENS domains contain locked Ether that is rising near to a billion USD. As these figures are increasing astronomically, demand for decentralized crypto-lending will boom.

The power of tokenization. In the near future, the borrower might buy a house in [Canada], place the house on ERC-20 compatible token to represent the value of the house and pledge the token for a loan on ETHLend. Instead of settling for local lenders, the borrower can access funders across the world, adding more competition on interest rates. Tokenization could be used similarly to fund a solar power plant, buildings, tuitions or even a purchase of a dog.

ETHLend consists of an international team committed to change the world’s perspective on access to credit and micro-credit. The ETHLend team aims to provide more democracy to lending by removing interest rate differences between different nations by providing more liquidity when there are less excessive barriers on lending.

More details on what ETHLend is developing at

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