Free 2019 Report & eBook
Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book.
Our Research Methodology
This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.
BTCJam is a Crowd Lending Platform That Uses Bitcoin in a P2P Model
BTCJam is an international lending platform that uses Bitcoin in a peer-to-peer marketplace. Through their P2P model, they are able to offer more accessibility to loans around the world and help democratize financial services.
The service facilitates personal loans in a variety of forms, including medical expenses, business, debt consolidation, credit card refinancing, Bitcoin mining, major purchases, vacations and more. Crowd lending is becoming an increasingly popular, especially in the United Kingdom. The process behind BTCJam is a simple one -- you create your loan, watch it get funded, withdraw your money and then make fixed and affordable payments at a low rate. The lending platform is also a chance for interested parties to invest their Bitcoin with a high rate of return.
The service facilitates personal loans in a variety of forms, including medical expenses, business, debt consolidation, credit card refinancing, Bitcoin mining, major purchases, vacations and more. Crowd lending is becoming an increasingly popular, especially in the United Kingdom. The process behind BTCJam is a simple one -- you create your loan, watch it get funded, withdraw your money and then make fixed and affordable payments at a low rate. The lending platform is also a chance for interested parties to invest their Bitcoin with a high rate of return.
