IEO Development Services

Our team of skilled blockchain and cryptocurrency developers creates tokens for your Initial Exchange Offerings. Following token development, our technology team collaborates with exchanges to list your tokens through the intricate process.

P2P crypto lending platforms based on blockchain utilize smart contracts to facilitate transactions between borrowers and lenders without the involvement of any intermediaries. These platforms enable secure interaction with a blockchain network.

Smart contracts enable a predefined set of guidelines to be followed throughout the lending process, without any human intervention, ensuring a smooth and error-free experience. This level of automation provides a high level of security and trust to users of P2P lending platforms.

Blockchain technology allows lenders to maintain anonymity while using P2P lending platforms. After registering on the platform, lenders can choose the type of loan they want to offer from the marketplace and conduct the lending process directly from their wallets. This provides an additional layer of privacy and security for lenders, as they don’t have to reveal their identities beyond the initial registration.

Our lending platform’s development includes Peer-to-Peer lending system capabilities that enable the platform to aid in the loan origination process, which covers everything from the borrower’s loan application to the disbursement of funds by the lender.

By determining the Equated Monthly Installment (EMI) repayment amount, interest costs, deferred payment loans, and other factors, the loan calculator ensures transparency between the borrower and lender regarding the amount to be repaid and received, respectively.

The credit score of an individual currently serves as an indicator of their financial reliability and repayment capability, allowing investors or lenders to make informed decisions when selecting borrowers.

To ensure safe and secure login with encryption, we have incorporated an updated security system with SSL certification and two-factor authentication into our P2P cryptocurrency lending platform.

Refinancing is a beneficial feature for borrowers who have paid back at least half of their loan within the specified period. This feature allows borrowers to refinance themselves by accessing a new loan from a different lender.

The Location-based Know Your Customer (KYC) and Anti-Money Laundering (AML) verification processes are utilized to confirm users’ identities and are mandatory for cryptocurrency withdrawals that meet or exceed a specified amount.

A secure and smart-contract driven contractual escrow system automates the locking and releasing of users’ crypto assets for instant and third-party transactions.

The P2P lending blockchain, which includes a hot wallet, enables both buyers and sellers to securely hold, send, and receive a wide range of cryptocurrencies based on the specifics of their transaction.

The Loan Valuation Ratio refers to the percentage of collateral value that a borrower is seeking to borrow against. By utilizing an LVR calculator, lenders can assess loan applications, allowing both the borrower and lender to make informed decisions before proceeding. This can be a beneficial tool for all parties involved.

The auto-renewal feature reduces the need for manual input of lending orders into the order book by allowing users to switch the feature on and off as needed.

In a Peer-to-Peer lending application, transparency among the borrower, lender, and platform is a top priority. To establish clear terms and conditions for the platform and lending services, users must review and agree to the guidelines before proceeding further.

User feedback is essential for the growth and development of the platform and its features. Users can provide input on loan performance, loan repayment, and more, allowing lenders to participate in a funding process that offers easy returns with less risk.

Offering the ability to invest in high-yield, low-risk areas is a must-have feature for any P2P lending platform. This allows users to securely diversify their portfolios and make informed investment decisions.

The lender management system sources potential borrowers based on their detailed application, which includes information such as the requested loan amount, loan tenure, KYC, CIBIL score, and more. Lenders will receive borrower profiles as recommendations based on their lending capacity, allowing for more targeted lending opportunities.

A document management system is essential for both borrowers and lenders, as it allows for easy access to required documents at any time. More importantly, borrowers can submit their profiles and documents to lenders, who can review potential leads’ documents before entering into a financial commitment.

This feature enables lenders to limit lending based on the documents uploaded by borrowers, such as income sources and tax payments. Borrowers can also check their eligibility for the total loan amount based on the pre-set criteria of the loan distribution application.

The P2P lending platform provides a dashboard for all registered borrowers and lenders, but the information displayed on the dashboard varies based on the user’s role. Lenders will have access to information about the total amount transferred to borrowers, their wallet balance, repayment statistics of individual borrowers, and overall payments received.

Lenders can utilize the platform to manage leads, create new ones, track repayment status, summarize disbursed amounts, repayment tenure, balances, KYC documents, e-signatures, and more. Following successful commitment and deal closure, lenders may add comments and notes to the lead. This system is designed to assist lenders in effectively planning for future investments.

The Borrower Management feature allows borrowers to submit a detailed loan application with all the necessary documents and information required to be eligible for the loan. This feature ensures that the borrower is notified by the lender who is willing to provide funds without any procedural delays or complications.

Key Security Features Of Our Peer-to-peer Lending Software

We have implemented a data encryption policy to ensure the protection of our users’ credentials and sensitive information stored in our database.

The data is protected against platform manipulation using JSON Web Token (JWT) with RSA encryption.

The platform has measures in place to protect against distributed denial of service (DDoS) attacks, which aim to render a machine or network unavailable to legitimate users

Protect the platform from malicious inputs submitted by attackers.

This feature prevents unauthorized access to users’ accounts, ensuring their security and privacy.

Server-Side Request Forgery (SSRF) attack is prevented, where an attacker exploits vulnerabilities to create or control requests from the server

This feature prevents unauthorized HTTP requests that attempt to retrieve or access hidden information in the network.

A registered user is provided with a single login to access the platform, ensuring the account’s security and preventing multiple logins by the same user.

The anti-denial-of-service feature safeguards the platform from attackers who attempt to overwhelm the server with a high volume of requests, ensuring that the platform remains accessible to its intended users.