Review on Trittium by Pedro O. Alvino M.
Blockchain-based loan network
A cryptocurrency based on Zerocoin's privacy protocols, in addition to constituting a network of master nodes, which at the same time offer microtransactions with the lowest possible fees, which in a certain way promotes a commercial flow in the currency in the market and the loan service.
Its main service, which consists of the loan through the blockchain, offers several plans for borrowers, in addition to the request for information is not mandatory, since thanks to the Trittium coin (TTRT) it will serve as a guarantee of the loans in In the event that agreements with the lender are not honored, instead of claiming the borrowed money and all of the underlying TTRT, Trittium will liquidate a portion of the underlying collateral as payment.
Currently there are a large number of projects that also offer loans based on blockchain, however some lack privacy aspects and little documentation requirement to be able to opt for a loan, which makes it different from other platforms
Pros
- Offers a P2P loan system with blockchain technology
- It has privacy protocols based on Zerocoin
- KYC or personal documentation is not required to be able to opt for the services of the platform
- Offers various loan plans adapted for any user.
- The Trittium network allows microtransactions and contains a masternode system with acceptable rewards
Cons
- You do not provide enough information to your borrowers' lenders
- It does not have a stable community.
