BitLendingClub is the one-stop international Bitcoin crowd-lending platform. Lending in Bitcoin is plagued with fraud, so we set out to use groundbreaking technology in order to make Bitcoin lending a secure and sustainable reality. We take the necessary steps to protect lenders in order to allow them to invest freely. Borrowers now get the lowest possible interest rates that the fair market can offer and lenders compete to offer those interest rates. We are the first ever company to utilize smart property, made possible by the block-chain protocol, in order to eliminate the risk of borrower malfeasance.
Our platform reduces the risk of lending Bitcoin to people across the world by focusing on prevention, rather than collection. This has enabled our platform to achieve the lowest default rates in the Bitcoin lending industry, our default rate is about 2.59% (which is about 3 times lower than our biggest competitor).