Deficliq’s Collaboration with PAID Network(borderless toolkit for business needs)
As we know, nothing comes easy but with focus, passion, and great determination, success is just around the corner. It is with great pleasure that we announce the great partnership between Deficliq and PAID network.
DefiCliq is the first company in the market to offer both secured loans (collateralized loans) and unsecured loans (uncollateralized loans) which means it creates a scenario in which lenders can choose the amount of risk they want to assume by engaging in the platform while ensuring borrowers are not discriminated against when applying for a loan solely based on the lack of collaterals.
Due to DefiCliq’s uniqueness and long-term project, it is the first company in the financial industry to provide investors with the ability and opportunity to diversify and have their risks decentralized over multiple tiers. Deficliq visualizes democratizing the lending market hereby, making everyone a king in his kingdom by giving individuals opportunities to pursue his dreams, finance his endeavors and passions.
At Deficliq we prioritize our customers’ satisfaction therefore, the Integration with Paid Network would assist us to achieve our goals faster and effectively by making a restrictionless environment for business transactions made. PAID Network will help in simplifying the process of creating the legal agreement and token sales by providing the proper blockchain technology tools for users.
PAID Network will integrate DefiCliq’s lending and insurance products within the PAID dApp — giving our users access to insured lending markets and undercollateralized loan options. PAID will also be working together with DefiCliq to explore ways to integrate our technology into its product stack, helping to provide additional value to both communities.
DefiCliq CEO Shantanu Kumar comments:
“PAID Network’s smart contract-based legal toolkit represents the future of business agreements and community governance. With DefiCliq integration, we hope to facilitate even more capable SMART agreements and provide additional utility to users.”
PAID Network CEO Kyle Chasse on the partnership:
“At PAID, we’re trying to make business exponentially more efficient via the PAID dApp and SMART agreements. DefiCliq perfectly aligns with this vision by maximizing the capital efficiency of both lenders and borrowers thanks to its DAO-based governance structure and undercollateralized borrowing features. We’re excited to see where this collaboration will lead us!”
DefiCliq is a Polkadot ecosystem long-term project which is one of the first and best that offers both collateralized and uncollateralized loans. It is an entire DeFi system that has caught the financial market by surprise due to its promising features and its prospective nature which has disrupted the traditional finance world as well as the peer-to-peer (P2P) loans market. It consists of applications and peer-to-peer protocols developed on decentralized blockchain networks that require no access rights for easy lending, borrowing, or trading of financial tools.
For further inquiries;
About PAID Network
PAID Network is a network and platform that provides a borderless legal toolkit for all business needs and transactions by simplifying the process of creating the complex legal agreement and token sales by providing the proper blockchain tools for users. It seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID anywhere across the globe.
For further inquiries: