Trading & Investments
The Singapore-based company, Crowd Genie has been providing business lending since 2016.
The Singapore-based company, Crowd Genie has been providing business lending since 2016. It is currently embarking on enhancing its platform in order to scale revenues and reach global markets. The Crowd Genie ICO aims to be the first tokenized Asia-wide Asset Exchange for Business Loans. It is characterized by its fully operational and licensed peer-to-peer digital lending platform built on open-source and secured blockchain protocol. The utility token managed by Crowd Genie is CGCOIN, a cryptographic ERC20 standard type. The smart contracts of this private capital hub are used to simplify the flow of funds between lenders and borrowers. Its envisioned ecosystem includes three key steps:
- A digital passport for identity verification.
- Tokenized P2P Lending so no middleman fees apply.
- Asia-wide Asset Exchange to trade business loans and any other assets.