What Is Inspeer?
Inspeer is a peer-to-peer lending platform that connects borrowers and lenders without the use of intermediaries. The blockchain acts as the intermediary to provide fast, convenient, safe, and transparent transactions.
Overall, the developers of Inspeer describe their platform as a “modern financial platform, designed to meet a demand of blockchain projects, offline and online companies, and individuals.”
To accomplish that goal, Inspeer provides AI-based scoring and machine learning, consumer data from the credit bureau, and AML verification, among other features. The end result is that clients get favorable terms when taking out a loan, while lenders can safely earn a high return on their investment.
Obviously, Inspeer is one of many lending platforms being built on blockchain technology, and all of them make similar promises. With that in mind, let’s take a look at how Inspeer plans to be different.