Brickblock and ETHLend ready to simplify lending procedures

Collaboration of two companies will be a breakthrough in finance
27 November 2017   332

Brickblock and ETHLend reported on their strategic partnership. The main goal of collaboration is to streamline lending by using  blockchain technology. They are planning to tokenize assets and make lending and credit more secure.

ETHLend is an application, which connects moneylenders and debtors from all over the earth. It offers loans and uses digital tokens as collateral, which can be spent on buying of Ether. Brickblock uses the Ethereum blockchain and gives an opportunity for people to invest their digital currency without any need to exchange it to real money. Users can also choose the type of funds, in which they want to invest, Brickblock offers both active and passive coin funds.

In the result of this partnership lenders can be sure that their collateral will be safe and supported by real money. It will be provided by Brickblock. As for ETHLend, it will help to conduct transactions without any necessity to sell company assets for getting liquidity. For advantageous sales clients have an opportunity to monitor rate of exchange, which will be incorporated from the marketplace.

Ethereum Community Fund Created

Cosmos, Golem, Global Blockchain Labs, Maker, OmiseGo, Raiden and Tendermint are involved in the creation of the new fund
16 February 2018   113

Prominent members of the Ethereum ecosystem open a fund designed to support projects developed on the blockchain of the second largest crypto currency. This is reported by CoinDesk.

Cosmos, Golem, Global Blockchain Labs, Maker, OmiseGo, Raiden and Tendermint are involved in the creation of the Ethereum Community Fund (ECF). Their goal is to introduce the services on the basis of Ethereum in the infrastructure of companies, which they can be useful.

The fund's founders also intend to launch a grant program that will provide "permanent financial security" to selected projects, the press release said.

The founder of Ethereum Vitalik Buterin directly participates in the work of the fund, in a letter to CoinDesk confirming that he acts as an adviser.

Ethereum has grown beyond my expectations over the last few years, but the work is clearly not finished. Delivering value that matches the hype should be the mantra of 2018; efforts such as the ECF which help organize the development of the ecosystem are going to help make that possible.

Vitalik Buterin

Co-creater, Ethereum

ECF is not the only organization dedicated to the development of the Ethereum ecosystem. Ethereum Foundation, a not-for-profit organization that also makes a significant contribution to the development of the platform, in January announced the launch of two sponsorship programs designed for developers seeking solutions to scale the network. The Enterprise Ethereum Alliance provides resources to companies interested in applying Ethereum, and links Fortune 500 companies with crypto-cash start-ups.