Pioneering Real Estate Lending Platform LandOrc Gets Its Pioneer Investors

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Sample of the base lending rates across key regions and some of the countries are below :

Key Region

Sample Country

Base Lending Rate

Latin America

Argentina

67%


Brazil

37%

Africa

Congo

27%


Angola

19%

Eastern Europe

Uzbekistan

24%


Ukraine

20%

Asia

Iran

18%


Mongolia

17%

Source : World Bank

On the other end, growth of the decentralised finance products have been based primarily on virtual assets. Availability of real world assets like land, provided as a collateral against lending, provides a greater level of reassurance to the crypto investors operating on decentralised finance. This land collateral is in the form of NFT (Non Fungible Token) with oracles bringing in other physical world data points associated to the land title on-chain.

Thus bringing greater transparency and pace for transactions via blockchain. An…

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