Salt Lending – Lending in the Cryptocurrency Space
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 3 July 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
What Salt is really doing here is creating a credit market that doesn’t already exist. It’s a space for borrowers and lenders to interact, on either side. Owens sees huge potential for blockchain technology to impact the credit market as a whole.
Listen in to learn more about lending and borrowing in crypto. Be sure to subscribe and review, and if you can, consider donating some BitCoin to the cause. Every little bit helps.
Transcript
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| 0:00.0 | Welcome to Almost Here, Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:08.0 | Future Technologies Voice to Transform Our Lives, for better or worse, are the focus of this podcast. |
| 0:13.6 | Almost here, means these technologies are now here and |
| 0:16.7 | starting to be used. |
| 0:18.2 | We're just around the corner. |
| 0:19.7 | From Bitcoin to artificial intelligence, |
| 0:22.0 | 3D printing, blockchain, virtual reality, and more. |
| 0:26.0 | Hi, this is Richard Jacobs with future tech podcast. |
| 0:29.0 | Today I have Sean Owen of Salt Lending. |
| 0:32.0 | We're going to be talking about lending in the |
| 0:34.8 | cryptocurrency space. Sean, how you doing? |
| 0:37.0 | Doing great, how are you? Good, thanks for coming. |
| 0:40.0 | Yeah, I saw you guys' website and your initiative, and so that's what we're going to talk about. Can you explain the listeners what you guys are going to be doing in the crypto space? |
| 0:49.4 | Yeah, effectively, there's a couple different areas of product and service that we offer. |
| 0:56.0 | I'll just start at a high level and then walk through a couple of the initial products and kind of a general broad market we're in. |
| 1:03.0 | So Salt specifically stands for a secured automated lending technology. |
| 1:08.0 | That's the technology arm of our business, which is the majority of it. |
| 1:11.0 | And the first product that we're advertising |
| 1:13.6 | that you probably saw on our webpage |
| 1:16.0 | is blockchain-backed loans. |
| 1:18.8 | So basically at a high level, |
| 1:21.5 | a blockchain-backed loan is a secured asset or an asset-backed loan. |
... |
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