Review on WeOwn by Özgün A
A very useful project for companies that want to grow
WeOwn is a crypto money project built with blockchain technology that aims to bring investors and customers together in a common market.
The WeOwn project is a great opportunity, especially for small and medium-sized businesses. Because large companies want to dominate the markets, they take a number of actions to prevent other businesses from entering the market. This is where the WeOwn project comes into play and removes the barriers to entry into the market. It creates a common market by bringing together investors and those who demand. In this common marketplace; There are investors, customers, large / medium / small companies, loan providers, borrowers / lenders. While doing this, it attaches importance to security, efficiency and processing speed. In fact, this project acts as a bridge. It helps to gather multiple different networks together. The WeOwn project cuts costs a lot because the transactions are carried out without an intermediary. Nobody can control these created markets. It solves the problems on the markets using a large number of algorithms.
As a result; The WeOwn project creates stakeholder markets online that are essential for many businesses to maintain their sustainability.
Pros
- With the peer-to-peer lending method, it is easier for small businesses to reach money
- Businesses can lend to each other to the common markets created
- Credit grade and scoring system without checking
Cons
- This project needs more support. Not advertised enough
