building the next wave of technologies for smart investors in private debt
Blockchain Technology and Asset Digitalization
Lendity is building a blockchain based technology that allows the digitalization of each loan or group of loans. Using a private permissioned based blockchain Lendity is testing an new lending ecosystem that brings liquidity and allows the trading of loans. Our ultimate goal is to enable a global lending mechanism in partnership with local lending platforms in each jurisdiction and regulators.
At Lendity we take extra steps to verify the information provided by the lending platforms. We receive loan data and source documents from the platforms. Then, our Automatic Verification Engine validates all information, creates immutable timestamps, and in case of an inconsistency an automated process is triggered to request the corrections or the missing data from the loan provider.
Lendity creates a normalized score per geographic jurisdiction for each loan based on data obtained from the loan originator and correctly validated. This allows to compare loans from multiple platforms, build more accurate risk models, and understand idiosyncrasies from each jurisdictions.
Lendity is always looking for talented people to join our ambitious team. Have ideas about how to build the future of lending? Do you want to join our team and build it together? Tell us about yourself and your interest, we will be in touch.