Implementing Smart Contract And Blockchain In Bringing About Structure And Transparency.


Blockchain is a shared and decentralized ledger technology which features a smart contract facility. Every negotiation; funding, and lending needs are automated by the use of smart contract between participants. These transactions are immutable as the logged data are impossible to change once written, as a result of a pre-defined agreements called smart contract. Blockchain is no doubt a great innovation that has changed the way data is moved and how involved parties engage in the financial relationship.

Adopting blockchain technology helps Exzie.io in setting a financial relationship between all parties, to give room for trust, transparency, accountability, anonymity and debt buying. Prospective lenders and borrowers are required to have Exzie tokens.

In other for a business to access loans on Exzie.io, Exzie tokens are needed as collateral, in a case where it is a collateralized loan. Likewise, investors would need Exzie tokens as proof of fund ownership to enable them to benefit from a monthly R.O.I (Return On Invest).


The financial relationship, which we call smart contract, are of two natures on the Exzie platform, and each involves three parties;

1. The contract between the Investor, the platform (Exzie.io) and a trust account;
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2. The contract between the borrower, the platform (Exzie.io) and a trust account.
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