Blockchain / smartcontract loans backed by assets ? ( Arizona )

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Dante-Gabryell Monson

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Nov 5, 2018, 8:14:06 PM11/5/18
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Interesting development.

Particularly interesting in places where interest rates are very high.

---------- Forwarded message ---------
From: Sweetbridge <mark...@sweetbridge.com>
Date: Tue, Nov 6, 2018, 
Subject: Sweetbridge now offering loans on real assets!
To: 


Sweetbridge can now offer blockchain loans backed by real assets, starting with car titles in Arizona.

Great news!


The State of Arizona accepted Sweetbridge into its newly developed FinTech Sandbox. Sweetbridge can now offer blockchain loans backed by real assets, starting with car titles in Arizona. We started with these loans because this is an underserved industry,  filled with predatory practices, with average interest rates as high as 300%APR.

 

Up to 10,000 Arizonans will be able to take out loans on their car titles, at reasonable rates, made possible by Sweetbridge protocols and blockchain technology.

 

Now, we need your help.

 

Do you live in Arizona? Do you want to be one of the first recipients of a blockchain loan on your title, and receive a discount on your interest rate from your Sweetcoin? If so, reply to this email with the words “I’m in!”

 

Want to help Sweetbridge? If you live anywhere in the U.S., take this survey, and help us make sure we are giving you what you want in our new asset-backed financing product. (https://www.surveymonkey.com/r/2B8ZGWP)

 

For everyone else around the world, spread the word. Tell your friends what we’re doing at Sweetbridge, and ask your government to implement a similar sandbox so we can offer loans on real assets in your community!

 

For more information, see our blog post.

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Sweetbridge, Inc.
515 E. Grant Street, Suite 150
Phoenix, AZ 85004

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