Synapse (SYN)

Synapse (SYN) is a blockchain-based peer-to-peer (P2P) lending platform designed to facilitate the loan process for borrowers and lenders. The platform offers an automated process for loan requests, peer-to-peer lending, asset tokenization and loan repayment. Synapse was founded in 2018 in Singapore and is a blockchain-based lending platform focused on loans that cover a range of financial needs. It is a blockchain platform based on Ethereum and uses the ERC20 token standard to facilitate registration and tracking of loans. The platform seeks to change the way financial institutions interact with consumers by abolishing complex processes which are currently hard to understand and replacing them with an efficient, secure and transparent ecosystem. What makes Synapse unique is its peer-to-peer lending model. Borrowers and lenders list their available loans on the platform and if they match, the platform facilitates a loan request. This allows for more convenient loan requests and reduced rates of interest. Additionally, Synapse utilizes Blockchain technology on the platform to manage digital assets and store loan contracts securely. In addition, the platform provides asset tokenization for loans, which can be used as collateral for loan repayments. Synapse is used to facilitate loan requests and loan repayments for borrowers and lenders in a secure and transparent manner. All transactions are managed on the platform's Blockchain and all digital assets are tokenized and securely stored. Synapse is a cryptocurrency that can be bought and sold on various exchanges. It is listed on several exchanges, such as Atomars, Hoo, BitMax, Hotbit, FCoin and more. The currency can be bought with other cryptocurrencies or fiat currencies, such as the U.S. dollar or Euro. Overall, Synapse (SYN) is an innovative blockchain-based lending platform designed to provide a secure and transparent platform for lenders and borrowers. With its peer-to-peer lending model, asset tokenization and secure storage of loan contracts, it provides a more efficient process for loan requests, asset tokenization and loan repayments. It is listed on several popular crypto exchanges and can be traded with both cryptocurrencies and fiat currencies.