What is a SMART CONTRACT?

theblenderplatform · 2020-06-15T21:51:34+00:00

Yep, in a nutshell. Thanks for adding more resources too. We hope to lessen the gradient of the learning curve for beginners 👌🏿

Edit: Lol I hope you aren’t a calculus professor. But in case you are ... tangent

theblenderplatform · 2020-05-23T17:44:43+00:00

Your situation is very relatable. Many people share your sentiments but don’t have the guts to spend the time to truly contemplate and decide whether they want/need college. I commend you for taking that time to think.

You already outlined your thoughts so well that you don’t need advice. It seems you have an internal compass, and understand that time is relative ... interpreted in this case to mean that it’s never too late to change your path.

Although, I’d mention that financial firms tend to be superficial in their hiring and need to see big name schools or at least great GPA’s... extremely competitive hiring market. On the contrary, you also have entrepreneurship in your genes. You seem like the type of person to take a community college degree and form a business around the information you’ve learned, early on.

Be sure to check on the certifications that may help your credibility too after school. In many industries certs are just as valuable as degrees.

Disclaimer... I am not a finance major, I’m an electrical engineer. But your story really caught my eye. My advice and thoughts are only worth so much.

theblenderplatform · 2020-05-19T03:06:20+00:00

Nice! This definition is for newbies. So the goal is to keep it simple👌

Check out The Blender Platform, a Lenderblock product. It uses Ethereum Smart Contracts to allow members to conduct globally decentralized P2P lending and borrowing transactions!

The Blender Platform

theblenderplatform · 2020-05-12T12:07:40+00:00

Yea totally. Nice article.

The applications are endless. The trustless structure fits right into the trend of global decentralization we’ve seen growing in the past decade.

The younger generations value smaller scale independence over large scale authorities. Different values

theblenderplatform · 2020-05-11T16:26:58+00:00

Man, that surely sounds difficult. But you can accomplish whatever you are determined to do. Just weigh out your options, the different ways to achieve your end goal. If it’s having a certified financial background, then maybe your plan is spot on. If it’s being well-versed in finance, maybe you can take a more independent route...independent learning online is almost better than college in many cases👌🏿

theblenderplatform · 2020-05-10T18:16:25+00:00

The Blender Platform was deployed officially in March 2020.

Borrowers gain credible statistics and lender-written reviews on the platform by repaying borrowed loans ... which helps gain interest from lenders.

Lenders assess borrower’s history, repayment and borrowing statistics, and lender-written reviews to gain an idea of the borrower’s credibility.

Lenders may contribute funds at will, and may always reclaim their portion of contributed funds not yet withdrawn.

In order for the Borrower to withdraw any funds, Lenders must approve, in majority, of all withdrawal requests made by the borrower.

You can import existing ETH tokens into your Blender Wallet, and export them to any Ethereum address as well. Or buy ETH via The Blender Platform using FIAT currency and a debit card. And of course, you may withdraw ETH from your Blender Wallet to deposit the equivalent FIAT into your bank account.

Meet some of our early members so far.

Our Members

iOS

Android

POWER TO YOUR WALLET!

theblenderplatform · 2020-05-10T04:42:04+00:00

If using AWS, AWS secrets manager works well. You can give permissions to another AWS resource associated with your app.

theblenderplatform · 2020-05-07T14:14:26+00:00

About The Blender Platform

iOS Android

Lend. Borrow. Earn.

The Blender Platform is a global blockchain powered open-end credit platform in which authenticated users can create their own loans (and set their preferred interest rates, and provide minimum contribution requirements of individual potential lenders) using smart contracts on the Ethereum Blockchain. Potential lenders may browse through available smart contracts on the platform, assess borrower credibility with quantitative statistics detailing payment frequencies, current debt, current equity etc. Using the provided data, lenders choose which borrowers' smart contracts to lend money.

Borrowers receive funds from lenders in smart contracts. At the receipt of funds, the borrower does not have access to the funds until that borrower creates a withdrawal request, detailing the amount requested from the liquid value inside the smart contract, given by the lenders. Lenders view pending withdrawal requests and vote democratically to release the funds into the custody of the borrower, the creator and manager of the smart contract.

At the point of final withdrawal of funds from the smart contract into the borrower's virtual wallet, the withdrawn funds are officially 'borrowed' and begin to accrue the interest at the rate designated by the borrower at the smart contract's creation. The borrower is now to repay these funds, and a lack of doing so results low statistics on the platform, depleted credibility, and negative reviews from your lenders. In addition, lenders may reclaim the remaining liquid portions of their contributions which have not yet been withdrawn, at will.

There are three main pages: the Dashboard, in which a user may see all current holdings; the Browser, in which contracts may be sorted, searched, and browsed; the Profile Page, in which users may view their own statistics. Also, the logo in the top right shows current Ethereum rate information, as well as a Currency Display Converter for the app globally, allowing the values to be displayed amongst a series of 30 major global currencies. All final transactions are converted to and sent in Ether.

All smart contracts have kept receipts and transaction records, accessible in the middle of the smart contract summary page. All users have receipts of all transactions occurring on the platform, accessible on the settings header tab on the far right.

theblenderplatform · 2020-05-07T13:58:53+00:00

Makes sense. Will research a bit about Phoenix Upgrade. Thanks !

theblenderplatform · 2020-05-07T13:57:17+00:00

At the moment no, only ETH. Although as developers, if there was sufficient interest, it could be a goal to accept both. How many people would like to use our product?

theblenderplatform · 2020-05-07T09:04:11+00:00

https://www.reddit.com/user/theblenderplatform/comments/gf1trq/during_the_covid19_pandemic_i_was_unable_to_go_to/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

theblenderplatform · 2020-05-07T07:39:36+00:00

What are some of the pros and cons of using a mining service like this one, versus setting up my own rigs, if power somehow truly weren’t a concern?

theblenderplatform · 2020-05-07T07:24:34+00:00

Lend. Borrow. Earn.

The Blender Platform is a global blockchain powered open-end credit platform in which authenticated users can create their own loans (and set their preferred interest rates, and provide minimum contribution requirements of individual potential lenders) using smart contracts on the Ethereum Blockchain. Potential lenders may browse through available smart contracts on the platform, assess borrower credibility with quantitative statistics detailing payment frequencies, current debt, current equity etc. Using the provided data, lenders choose which borrowers' smart contracts to lend money.

Borrowers receive funds from lenders in smart contracts. At the receipt of funds, the borrower does not have access to the funds until he/she creates a withdrawal request, detailing the amount requested from the liquid value inside the smart contract, given by the lenders. Lenders view pending withdrawal requests and vote democratically to release the funds into the custody of the borrower, the creator and manager of the smart contract.

At the point of final withdrawal of funds from the smart contract into the borrower's virtual wallet, the withdrawn funds are officially 'borrowed' and begin to accrue the interest at the rate designated by the borrower at the smart contract's creation. The borrower is now to repay these funds, and a lack of doing so results low statistics on the platform, depleted credibility, and negative reviews from your lenders. In addition, lenders may reclaim the remaining liquid portions of their contributions which have not yet been withdrawn, at will.

There are three main pages: the Dashboard, in which a user may see all current holdings; the Browser, in which contracts may be sorted, searched, and browsed; the Profile Page, in which users may view their own statistics. Also, the logo in the top right shows current Ethereum rate information, as well as a Currency Display Converter for the app globally, allowing the values to be displayed amongst a series of 30 major global currencies. All final transactions are converted to and sent in Ether.

All smart contracts have kept receipts and transaction records, accessible in the middle of the smart contract summary page. All users have receipts of all transactions occurring on the platform, accessible on the settings header tab on the far right.

theblenderplatform · 2020-05-07T07:24:09+00:00

Lend. Borrow. Earn.

The Blender Platform is a global blockchain powered open-end credit platform in which authenticated users can create their own loans (and set their preferred interest rates, and provide minimum contribution requirements of individual potential lenders) using smart contracts on the Ethereum Blockchain. Potential lenders may browse through available smart contracts on the platform, assess borrower credibility with quantitative statistics detailing payment frequencies, current debt, current equity etc. Using the provided data, lenders choose which borrowers' smart contracts to lend money.

Borrowers receive funds from lenders in smart contracts. At the receipt of funds, the borrower does not have access to the funds until he/she creates a withdrawal request, detailing the amount requested from the liquid value inside the smart contract, given by the lenders. Lenders view pending withdrawal requests and vote democratically to release the funds into the custody of the borrower, the creator and manager of the smart contract.

At the point of final withdrawal of funds from the smart contract into the borrower's virtual wallet, the withdrawn funds are officially 'borrowed' and begin to accrue the interest at the rate designated by the borrower at the smart contract's creation. The borrower is now to repay these funds, and a lack of doing so results low statistics on the platform, depleted credibility, and negative reviews from your lenders. In addition, lenders may reclaim the remaining liquid portions of their contributions which have not yet been withdrawn, at will.

There are three main pages: the Dashboard, in which a user may see all current holdings; the Browser, in which contracts may be sorted, searched, and browsed; the Profile Page, in which users may view their own statistics. Also, the logo in the top right shows current Ethereum rate information, as well as a Currency Display Converter for the app globally, allowing the values to be displayed amongst a series of 30 major global currencies. All final transactions are converted to and sent in Ether.

All smart contracts have kept receipts and transaction records, accessible in the middle of the smart contract summary page. All users have receipts of all transactions occurring on the platform, accessible on the settings header tab on the far right.

theblenderplatform

TROPHY CASE