ADALend Signs Contract with Robatz Network to Develop Cardano’s Native Decentralized Lending Protocol Bitcoin Insider
PRESS RELEASE. ADALend and Robatz Network sign Decentralized Lending Protocol Development Contract. Robatz Network and ADALend represent a significant milestone in the development of the Lending Protocol and will allow the two companies to work together to further develop the protocol, which will ultimately increase the usefulness of the platform for users.
ADALend is a scalable, trustless, decentralized lending protocol built on the Cardano blockchain. The partnership will allow developers to perform additional research to analyze the aggregate protocol environment, including liquidity, exchange, UI, and UX. Robatz Network will also be involved in the design and deployment of the platform, with an expected date to begin development of the protocol architecture around April 1, 2022. Robatz Network plans to improve the user experience on the platform. – ADALend form, allowing users to conduct stand-alone lending operations with greater ease.
About the Robatz Network
Robatz Network is a software development company specializing in 360 degree business solutions. The company specializes in back-end, front-end, and mobile development, with Ruby, React, and Flutter serving as core technologies. In 2020, the company began to expand its expertise in decentralized systems such as swarm algorithms, edge computing and blockchain, providing research services and developing solutions. This approach has helped the company build a reputation as a pioneer ready to take on the toughest challenges with confidence.
The future of decentralized lending
Lending is a crucial part of the cryptocurrency ecosystem, as it is one of the few ways investors can benefit from their holdings. ADALend ADALend is a decentralized lending protocol that aims to provide affordable credit to the billions of people around the world who are currently unbanked. The protocol will contribute to the development of the decentralized lending protocol and bring the benefits of cryptocurrency to more people.
High fees and intrusive marketing practices plague the lending industry. The decentralized nature of lending platforms allows users to operate in a self-contained environment, which provides significant benefits to lenders and borrowers, allowing them to operate outside of the traditional banking system.
The lending market is currently worth billions of dollars and has the capacity to grow to even greater proportions with the right platform in place.
Learn more about ADALend: https://adalend.finance
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