Review on ZPER by Pedro O. Alvino M.
decentralized ecosystem P2P loan services
Largely, there are a large number of platforms that contain loan services and financial investments, but most of them do not have transparent services and are centrally systematized, in which case a blockage may occur by the user without prior notice. In addition to limiting some financial service requirements, but given the case in the ZPER ecosystem, it tries to solve these problems through blockchain technology.
Composed of an open source system, which allows any operator or institution to acquire loan services at no entry cost, in addition to including certain systems that offer greater reliability and security of loan services. Including a committee that is in charge of monitoring the ZPER ecosystem to avoid violations by users makes it much more reliable, despite the fact that there are a number of platforms with these services, few work with technology in a decentralized way.
Pros
- It offers loans and investments based on blockchain technology.
- Includes a fully decentralized P2P platform.
- Completely open for any institution or financial entity to use the platform for free.
- Eliminate the possibility of disputes in advance through the smart contract function.
- It includes a ZPER committee that monitors participants to avoid violations in the ecosystem.
- Apply a reasonable compensation system at ZPER.
- It maintains an alliance with recognized companies in Korea.
Cons
- There are already many platforms that provide services and investment services.
- The performance of its token has not been very noticeable in the current year.
