Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Content Partners

Egoras partners with Paid Network to provide low-interest Micro-credit for Nigerians

NM Partners by NM Partners
February 13, 2021
in Content Partners
Egoras partners with Paid Network to provide low-interest Micro-credit for Nigerians
Share on FacebookShare on TwitterShare on Linkedin

Egoras is proud to announce its partnership with PAID Network, an ecosystem DApp that leverages blockchain technology to deliver DeFi powered SMART agreements to make business exponentially more efficient.

Egoras will utilize PAID’s SMART agreements to increase transparency surrounding its business agreement process by bringing its off-chain loan agreements on-chain. Egoras will also use PAID’s unique reputation scoring system to rank its users, as well as PAID’s insurance mechanism to protect the value of transactions and the loans Egoras provides.

PAID is building the world’s first borderless SMART agreement DApp for all business needs by offering standardized business agreements to make businesses exponentially more efficient. The DApp will be complete with escrow and insurance features, dispute arbitration and reputation scoring.

RelatedPosts

No Content Available

The new partnership with PAID Network represents a valuable opportunity for Egoras to improve the quality of the microfinance service sector, making startup microfinancing more accessible to unserved and underserved communities worldwide and to benefit PAID Network to provide services including SMART agreements, reputation scoring and insurance.

Kyle Chasse, CEO of PAID Network, had the following to say:

“Partnering with Egoras warms my heart, because it is exactly the use case PAID was designed to empower. As an entrepreneur myself, I know how valuable it is to have access to funding to startup your business, and this is exactly what Egoras brings to the marketplace. So it is with great honor I welcome them to the PAID family, and I can’t wait to see how our SMART Agreements enables Egoras to scale to new heights.”

CEO of Egoras had the following to say:

“We were excited when we came across PAID Network because it is just exactly what we were looking for. PAID SMART agreements will help Egoras bring off-chain agreements to on-chain, and this will increase transparency in our lending process. We also hope to explore PAID’s reputation-scoring system for over 500 borrowers on Egoras platform in order to add more credibility to applicants of our micro-loans and help our ecosystem to scale globally. Finally, we wish to move from the use of centralised Insurance companies to decentralised PAID Network’s insurance mechanism to insure loans and transactions.”

News continues after this ad


About PAID Network

PAID Network seeks to redefine the current business contract, litigation, and settlement process by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID. Leveraging Plasm to operate on both Ethereum and Polkadot ecosystems, SMART agreements built through smart contracts execute Defi transactions and business agreements seamlessly, making business exponentially more efficient.

For any questions, please feel free to reach out to us on:
Website: https://egoras.org
Twitter: https://twitter.com/egorasmarket
Telegram: https://t.me/egorasmarket

Related

Tags: EgorasPAID Network

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Half year 2022: Dangote, BUA Cement spend N174 billion on fuel, power amidst rising inflation
    • Quoted companies pass cost to customers, report N5.2 trillion revenues in first half of 2022
    • Nigeria Data Protection Bureau probes UBA, Philips Consulting, for alleged data breach

    Follow us on social media:

    Recent News

    Buy what? Dangote vs BUA Cement

    Half year 2022: Dangote, BUA Cement spend N174 billion on fuel, power amidst rising inflation

    August 16, 2022
    Quoted companies pass cost to customers, report N5.2 trillion revenues in first half of 2022

    Quoted companies pass cost to customers, report N5.2 trillion revenues in first half of 2022

    August 16, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com