ADALend Sign the contract with Robatz Network for the Cardano Native Decentralized Lending Protocol Development
ADALend and Robatz Network sign the contract for the development of the decentralized lending protocol. Robatz Network and ADALend represent an important milestone in the development of the lending protocol and will enable both companies to collaborate on further development of the protocol, ultimately increasing the usability of the platform for users.
ADALend is a scalable, reliable and decentralized lending protocol built on the Cardano blockchain. The partnership will enable developers to conduct further research to analyze the aggregated protocol environment, including liquidity, swap, UI, and UX. Robatz Network will also be involved in the design and implementation of the platform, with an expected date to start developing the protocol architecture around April 1, 2022. Robatz Network plans to improve the user experience on the ADALend platform so that users self-managed loan transactions with greater ease.
About Robatz Network
Robatz Network is a software development company specializing in 360-degree business solutions. The company specializes in back-end, front-end and mobile development, with Ruby, React and Flutter as fundamental technologies. In 2020, the company began expanding its expertise in decentralized systems such as swarm algorithms, edge computing, and blockchain, providing research services and developing solutions. This approach helped the company build a reputation as a pioneer willing to take on even the most complex challenges with confidence.
The future of decentralized lending
Borrowing is a critical part of the cryptocurrency ecosystem as it is one of the few ways investors can profit from their holdings. ADALend ADALend is a decentralized lending protocol that aims to provide affordable credit to the billions of people worldwide who currently do not have a bank. The protocol will help promote the development of the decentralized lending protocol and bring the benefits of cryptocurrency to more people.
High rates and invasive marketing practices plague the lending industry. The decentralized nature of the lending platforms allows users to operate in a self-governing environment, bringing significant benefits to both lenders and borrowers, allowing them to operate outside the traditional banking system.
The credit market is currently worth billions of dollars and has the potential to reach even greater proportions with the right platform.