The Blender Platform offers a blockchain-powered open-end credit system that allows verified users to establish their own loans, define interest rates, and establish minimum contribution requirements for potential lenders through smart contracts on the xDAI Blockchain. On this platform, lenders can explore available smart contracts, evaluate borrower credibility based on quantitative data such as payment history, outstanding debts, and current assets. Utilizing this information, lenders can select which borrowers to fund.
Upon funding by lenders through smart contracts, borrowers receive the funds but must create a withdrawal request to access them. Lenders can then review pending withdrawal requests and collectively decide whether to release the funds to the borrower. The borrower, as the creator and administrator of the smart contract, gains access to the borrowed amount only upon the final withdrawal into their digital wallet.
Once withdrawn, the funds are considered borrowed and begin accruing interest at the rate determined when creating the smart contract. It becomes the borrower's responsibility to repay these funds as agreed. Failure to do so can lead to reduced credibility, negative feedback from lenders, and a decline in overall statistics on the platform. Additionally, lenders have the option to reclaim any remaining contributions that have not been withdrawn by the borrower at any time.
Overview
The Blender Platform is a Freeware software in the category Business developed by Lender Block LC..
The latest version of The Blender Platform is 2.155, released on 03/24/2024. It was initially added to our database on 03/24/2024.
The Blender Platform runs on the following operating systems: iOS.
Users of The Blender Platform gave it a rating of 4 out of 5 stars.
Screenshots (Click to view larger)
Related products
01/30/2025
|
XMIND 25.01.01061 |
01/30/2025
|
MyMicroBalance 4.1.1 |
01/30/2025
|
Dr. Hardware 25.0.0 |
01/30/2025
|
R-Studio 9.4.191420 |
01/30/2025
|
Air Explorer 5.7.1 |
| 01/29/2025 | Teamviewer 15.62 and other version updates available |
| 01/24/2025 | Vivaldi 7.1 with improved dashboard available |
| 01/22/2025 | VeraCrypt 1.26.18 available |
| 01/22/2025 | Oracle January 2025 Patch Update available |
| 01/16/2025 | Adobe January 2025 Patch Day |
Latest Reviews
|
HiT Software Ritmo DB2 Client DE
Streamline Your Database Management with HiT Software Ritmo DB2 Client DE |
|
|
Visual Studio Integration for IronPython
Seamless Python Experience in Visual Studio |
|
|
IceChat RunTimes
IceChat RunTimes: A Versatile IRC Client for Modern Communication |
|
|
RSSeditor
Streamline Your Feed Management with RSSeditor |
|
 |
Capturelib Screen Recorder
Capturelib Screen Recorder: Capture Every Moment with Ease |
 |
AIRI AI
Revolutionizing Customer Interactions with AIRI AI |
UpdateStar Premium Edition
Microsoft Visual C++ 2015 Redistributable Package
Microsoft Edge
Microsoft Visual C++ 2010 Redistributable
Microsoft Update Health Tools
Microsoft OneDrive
