Shyft and BLOCKLOAN partner to bring more transparency to loans and credit data

Author
Elena Yunusov

Posted
September 27, 2018

Shyft, the global blockchain-based network that facilitates secure sharing of attested and compliant data, has announced the signing of a Letter of Understanding with BLOCKLOAN, a banking as a platform on Blockchain, that connects borrowers directly with lenders, creating genuine efficiency and supporting global financial inclusion. As part of this partnership, Block Loan will become a key participant in the Shyft Network, as a Trust Anchor and Dapp builder.

About BLOCKLOAN

BLOCK LOAN’S mission is to solve a fundamental credit access problem, globally by ultimately bridging Cash and Crypto through Banking on Blockchain. BLOCKLOAN is backed by the technology smarts, speed to market learnings and world pioneers in blockchain, crypto, AI and financial markets of the Lodex.co team. Lodex is Australia’s first auction-style loans and deposits marketplace. Revolutionary in its space, Lodex has over 45,000 members and over $400 million in loans auctioned, within 8-months. It’s proven the need for a different way of accessing loans and deposits and has disrupted the financial industry in Australia.

“Data security is our number one priority,” said Michael Phillipou, Co-founder & Co-CEO of Lodex. ”We have partnered with Shyft, a blockchain based network building unbreachable data protection for clients worldwide.”

Interview on Crypto Tech News

Suzanne Ennis, head of global partnerships and business development at Shyft Network, has offered an interview to Crypto Tech News, where she discusses Shyft Network’s mission and our partnership with Block LOAN.

CLICK HERE TO READ SUZANNE’S INTERVIEW

CLICK HERE TO READ SUZANNE’S INTERVIEW

For more information on Block Loan, please visit block.loan

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