LendingBlock ICO (LND Coin): Decentralized Peer-To-Peer Lending Token?

Lendingblock, found online at Lendingblock.com, is a lending service for the crypto industry. Find out how it works today in our review.

What Is Lendingblock?

Lendingblock is a peer-to-peer marketplace for lenders and borrowers. Users can make or take fully collateralized crypto to crypto loans.

You can request early access to the platform today by visiting Lendingblock.com.

When launched, Lendingblock will be available as a mobile app. You’ll be able to open that mobile app and complete a loan in minutes. The platform will also be available through any desktop.

How Does Lendingblock Peer-To-Peer Lending Coin Work?

The main goal of Lendingblock is to allow lenders to earn a return on their digital assets without sacrificing the benefits of ownership. Lendingblock matches these lenders with borrowers who match their lending needs.

Borrowers can borrow any digital asset. When requesting a loan, you specify the digital asset you need and the collateral and interest rate you’re able to offer.

Borrowers then pay regular interest payments throughout the duration of the loan. Borrowers’ regular payments are tracked and distributed to lenders on-time.

Ultimately, borrowers pay off the loan at the end of the term. The repayment is distributed to the lender, and collateral is returned to the borrower.

Lendingblock can connect multiple lenders together to provide one single loan. It doesn’t need to be a single P2P transaction between the lender and borrower.

Lendingblock Benefits

Some of the core benefits of Lendingblock include:

Cross-Blockchain Value Transfer:

Users can collateralize assets across different blockchains and accept any digital assets on existing protocols.

Borrow And Lend Cryptocurrencies:

Lend your cryptocurrencies to receive interest on your holdings. Or, use them as collateral to secure a loan.

Track Payments And Portfolio:

Lendingblock has simple and intuitive tools to track your portfolio of loans and monitor your payments via the app, wallet integration, or API.

The entire lending process is secured by personalized smart contracts. Those smart contracts make sure the terms of your loan are applied and your rights are fully protected.

Lendingblock Features

Desktop And Mobile:

Lendingblock will have dedicated desktop and mobile platforms for borrowers and lenders, as well as a separate, simpler platform for retail customers.

Wallet Integrations:

Lendingblock is actively integrating its platform with different wallet providers to ensure it’s as easy as possible to transfer funds to the account.

API Access:

Institutional and professional traders will be able to access Lendingblock’s API tools. Those APIs will offer public data on loan order books, rate tables across different currencies, user account information, and the ability to place lending or borrowing requests. Users can also access payment terminals for interest and principle repayments.

Smart Contracts:

Each loan is secured with a personalized smart contract. These smart contracts contain the terms of your loan to ensure your rights are fully protected.


Lendingblock uses threshold signatures and active oracles to determine cross chain transactions. Funds are also cryptographically secured and released after multiple signatures.


Lendingblock uses sharded smart contracts on the Ethereum network and atomic swaps on other networks to provide near instantaneous, scalable transfers. Ultimately, they claim to be able to offer a minimum of 2,000 transactions per second.

Cross Chain Value Transfers:

Lendingblock enables cross-blockchain interoperability in the crypto lending space.

Who’s Behind Lendingblock?

Lendingblock is led by co-founders Steve Swain (CEO) and Linda Wang (CPO). Steve is a London-based entrepreneur originally from Harvard Business School. He previously worked as a Management Consultant at PwC and as a Partner at Deloitte. Linda, meanwhile, previously worked as CEO and Co-Founder of Lendr Limited, a robo advisory lending platform for the mortgage industry.

Lendingblock was founded in 2017. The company is headquartered in London.

The Lendingblock LND Token Sale

The Lendingblock token pre-sale is scheduled for Q1 2018, with the public crowdsale scheduled for Q2 2018.

Details of the crowdsale have not yet been published online, nor has the whitepaper been fully released (as of January 24, 2018).

Lendingblock Conclusion

Lendingblock aims to create a better lending solution for the blockchain economy. You borrow cryptocurrency or lend cryptocurrency through the platform. It’s all accessible through a mobile app or a desktop interface. You can transfer value between blockchains, using the native Lendingblock token to do so.

You can request early access to the platform today at Lendingblock.com. However, the company has not yet fully released their whitepaper, nor do we have details of the upcoming token sale – so there’s still more information to be released in the near future.

To learn more about Lendingblock, visit online today at Lendingblock.com.

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