Review on INLOCK by francis fernandez
generate cash flows through the use of your digital funds
World economies are not free from fluctuations; which generally have an unfavorable influence on the stability of the securities exchange market; frequently causing the devaluation of money or the loss of its purchasing power.
Considering this premise, it is convenient to protect our assets, looking for new financial products that allow us to generate profitability from them.
In this case, Inlock offers its users a cryptographic alternative by making its decentralized financing services, based on digital currencies, available to them.
What is this source of crypto financing?
Thanks to the use of the Inlock platform, users can become lenders by using their digital currencies to assign them to creditor users and obtain interest returns.
On the other hand, it offers the opportunity to those who need financial resources, to be beneficiaries of cryptocurrency loans, putting their funds in digital assets as collateral.
This type of cryptographic loans also provides the opportunity for all users of the Inlock ecosystem to participate in a market that brings together the platform's native token together with stable assets.
In this way, Inlock expands the combinations and types of cryptographic businesses that can be accessed by all users of its network.
Inlock allows clients to participate in returns in BTC, PAXG and USDC.
And one of your most valuable pieces of information is that your funds are backed by gold.
Does the Inlock platform employ a security mechanism?
Inlock carries out audit programs for its asset portfolio through the use of recognized firms, for which it has obtained important certifications. In addition to implementing the security mechanisms of the KYC / AML type.
It also uses the services of major insurance companies in the world, such is the case of AM Best.
Pros
- Allows access to financing in digital money
- Provides the opportunity to generate returns in crypto assets from your available portfolio
- Allows users to access loans backed by their funds in cryptocurrencies
- Provides access to stablecoins in addition to their native token
Cons
- Low and unstable value of the digital asset
