Based on the robust ethereum platform with its AKRO ERC-20 token, it aims to provide financial services such as a mini-bank oriented to encourage savings and the basic functionalities of a traditional bank.
On the platform you can save and of course receive rewards for it, apply for or grant loans from anywhere, the guarantee is only 50% of the amount requested, in that sense the reputation of people who borrow is what will be as a guarantee, the greater reputation better loan conditions you will get.
We can have at your disposal a practical payment gateway, crypto-currency and fiat money, everything operates under an anti-fraud mechanism.
Unlike traditional banking, the money you are uncertain about will pay off in commissions or interest for the lender, not for the bank.
Savings and loans are managed with intelligent contracts
And the lenders have guaranteed their investment, everything operates very well planned, ask for a loan, pay it back, save everything very easy and without many complications.
The development is totally open and you can check it out at the Github depository.
I like this project, I recommend caution, for my part it attracts me and I will invest small amounts and see how it goes, that I think is the most advisable.