Mudigi launches a decentralized lending platform
-Bridges gap between traditional lending agency and modern digital currency
The Blockchain revolution, like all revolutions, is taking on a new front: Decentralized Lending. The leader in this new phase of decentralization is Mudigi. However, decentralizing lending while transcending primary market trade nodes is not easy. Rather than try and convince industries to evolve, Mudigi has built a bridge that helps both worlds merge while easing and minimizing the educational curve.Mudigi's policy is real simple: Bring automobile dealers into the cryptocurrency market through third party coin acceptance for purchasing automobiles. Everyone knows they may already buy Lamborghinis and Paganis with their bitcoins, however purchasing a normal vehicle for most Americans is still not available; A truly shocking status for 2018. Auto Dealers like the Mudigi model because they do not have value fluctuation risk associated with cryptocurrency acceptance and they have access to $300 Billion dollars worth of readily wanton market of vehicle buyers. After all, Coins and tokens do not own themselves: They are owned by people who have the same transportation needs as everyone else. They just prefer to manage their own finances. Mudigi gives Auto Dealers access to this market immediately.
Auto Dealers really are a critical trade point for overall American economic health. If there are no cars, then no one can get to work. Employment, i.e., industry, relies on their contributor's ability to show up and contribute. Contribution converts into payment and payment pays the bills. Welcome to the world!
The key to allowing decentralized lending to work is to have readily available access to borrowers. This is achieved by Mudig through value exchange at the Auto Dealership level of gross economic exchange. Most auto buyers are borrowers and auto borrowers are going to wind up at an Auto Dealership. Auto Dealers are not going to take risk due to narrow margins of profit they already manage, as Auto Dealers as a whole, are risk-averse. However risk mitigation for auto dealers and immediate placement of each auto dealer's inventory in front of cryptocurrency holders is reason enough to utilize the Mudigi.com platform to simply sell more cars. That is what drives auto dealers into digital currency acceptance.
When the inventory is available to cryptocurrency holders, they now have the outlet for exchange significant to them and those who rely on them, such as family, friends, employers, which have a significant contribution to society as a whole. Mudigi utilizes modern technology to link Bitcoin owners to avialable inventory of vehicles through its marquis online auto listing site: http://cars4cryptos.com.
As the crypto revolution advances and traditional critical-point business continues to evolve into cryptocurrency acceptance, the next level of participation is already prepared by Mudigi through its decentralized lending coin, which is defined in their white paper: Mudigi White Paper.
Decentralized lending affords anyone the ability to join the side of true wealth building, which is the lending side. The wealthiest empires in the world were built on lending, or money rental. The entire global economy is debt based and even decentralized currency will not change this. However, the ability to earn interest on money earned by common people through a decentralized lending coin places people on the true beneficial zone of what centralized lending creates: Wealth; and unstoppable.
Mudigi's lending coin is certainly a unique coin poised to run and first proposed method of asset-back coins which provides value to the coin holder, earnings of the coin regardless of value and yet remains unpegged to its intrinsic value, providing a market component which frees up the growth and value to its holders. It really is unprecedented and as brilliant as the structure of the U.S. Dollar. The downside is that no one knows when Mudigi will announce the release of their lending coin. However auto dealers are key to making a market of borrowers readily available to cryptocurrency participants.
Article written by:
Joshua Lankford
COO | Mudigi.com
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