Blockchain: Benefits and Risks in Crowdfunding
Blockchain has multiple benefits and solves a lot of the limitations of crowdfunding. It adds decentralization, transparency, irreversibility, and a high level of security, which in turn makes it a promising technology to build a crowdfunding platform.
Nick, one of our FinTech strategists, will talk about the potential of blockchain in crowdfunding, including its risks and benefits.
#blockchaincrowdfunding
00:00 Introduction
00:12 What are the benefits and risks of blockchain in crowdfunding? (list)
00:43 Decentralization
01:11 Accessibility
01:26 Automated Compliance
01:49 Keep in mind (risks)
Check out our blog if you’d like to learn more about blockchain or asset tokenization.
Link to blog: https://lenderkit.com/blog/crowdfunding-and-real-estate-asset-tokenization/
If you’re looking to build your own crowdfunding platform or start a regulated investment business, LenderKit may be able to help. We’ve built platforms for many different industries, including real estate, p2p lending, in the clean energy space, and a few others.
Reach out to us: https://lenderkit.com/contact-us/
#LenderKit #crowdfunding #regulatedbusiness
Check out our success stories: https://lenderkit.com/cases/