INDIA PEER TO PEER BLOCKCHAIN LENDING INDIA P2P CRYPTO LENDING BITCOIN
In India, P2P crypto lending is defined by a peer-to-peer blockchain money lending which brings together Indian individuals and business people who are seeking for money and Indian individual investors who provide funding.
In India, P2P blockchain lending is dedicated to enhance the former peer-to-peer lending concept which was an online platform acting as intermediary, often a regulated financial institution charging high fees for each financing transaction.
In India, peer-to-peer cryptocurrencies lending with bitcoin will change the game of P2P loans at all by involving the blockchain technology which presents only advantages against the conventional crowdfunding because of low transaction fees, easy accessibility to borrow money without a bank, and protection of identity.
In India, P2P lending via blockchain and using cryptocurrencies should made aware any Indian lender or Indian borrower that the risk of a high volatile exchange risk with bitcoin remains, for example in someone borrow 1 bitcoin equivalent to x Rupees, after price increase of the cryptocurrency, he will have to repay with more Rupees.