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      "body": "![家睦.png](https://cdn.steemitimages.com/DQmeqrH1zuzitSoKVou8jkethXVKh2YtBHGo8x4rCgRBUHS/%E5%AE%B6%E7%9D%A6.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide wealth management users with diversified investment products such as collateral and credit, quantitative funds, private equity funds and mining projects.\n\n**Team progress this week October 14th - October 20th**\n\n**First : Project Progress**\n\n**Client**\n\n• GXChain wallet payment development.\n\n**Platform**\n\n• GXChain wallet payment development.\n\n**Next week's work**\n\n• GXChain wallet payment online.\n• EOS development.\n\n**Operational progress**\n\nLendChain was invited by Deep Chain Finance to participate in the offline closed-door meeting of the \"Blockchain Technology Global Forum & West Lake Theory Chain\" on October 15th.\n\n![WechatIMG1.jpeg](https://cdn.steemitimages.com/DQmaBD9k45yRUZmPqaMJvJbbsqwVA25yQfYTGRRKjY5ZnFx/WechatIMG1.jpeg)\n\n![WechatIMG2.jpeg](https://cdn.steemitimages.com/DQmZMYBB318SMgvfbADhuiX1MeBRH1nEYXJo9ZRjTKPdBqR/WechatIMG2.jpeg)\n\nLendChain was invited to participate in the status quo and legal boundary of the blockchain industry on October 20th.\n\n![WechatIMG3.jpeg](https://cdn.steemitimages.com/DQmeyRskTADWWYbNctr5yup6ZWS73o5qmS3NfHaas9b8S7U/WechatIMG3.jpeg)\n\nLendChain was invited to participate in the calculation of the intellectual property think-tank (003 issue) digital asset wallet in Hangzhou on October 24th.\n\n![WechatIMG4.jpeg](https://cdn.steemitimages.com/DQmaU3MWwrjsdAB1LjUqMG2ALC9WqP71DCCThjNzjqdr5iG/WechatIMG4.jpeg)\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "title": "LendChain's Project Progress 07/10–13/10",
      "body": "![家睦.png](https://cdn.steemitimages.com/DQmUKz7eibT7cHEqvFGjeBHmxvwTeBcSFcTRVbHTyckqSqX/%E5%AE%B6%E7%9D%A6.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide wealth management users with diversified investment products such as collateral and credit, quantitative funds, private equity funds and mining projects.\n\n**Team progress this week October 07th - October 13th**\n\n**First : Project Progress**\n\n**Client**\n\n• User Message Center Development.\n\n**Platform.**\n\n• EOS access development 80%.\n• Capital business split 9%.\n• Multi-mode login development 50%.\n\n**Operational background.**\n\n• Block data and business platform reconciliation system development, completion 58%.\nNext week's work.\n• Block data and business platform reconciliation system development.\nEOS will be online on LendChain platform.\n\n**Second : Operational progress**\n\nLendChain participated in the Asian Economic TV Blockchain Project Competition in South Korea. On October 10th, the LendChain team went to South Korea to participate in the one-on-one debate on the blockchain project. Now, congratulations to LendChain on the scene. The PK won the competition and won more recognition and favor from the Korean media and the audience.\n\nLendChain was invited to participate in the \"2018 New Era Mining Summit\" Chengdu Station on October 14.\n\nAbout the Summit: The 2018 New Era Mining Summit is a win-win conference for the entire industry chain jointly sponsored by Bit Micro, Jia Nan Zhi Zhi, Core Dynamic Technology and Coin Seal. Focusing on the \"new\" era, the summit will focus on mining new products and mining exchanges, aiming to provide a resource sharing and exchange platform for the blockchain sector, explore opportunities and challenges in the blockchain industry, and work together to advance the blockchain. The ecology is healthy and stable and flourishing.\n\n![WX20181015-115628.png](https://cdn.steemitimages.com/DQmfHsrfyJECSH8FcKGuKZGHtVd2AWg1heF5Sox7Za861EN/WX20181015-115628.png)\n\nOn October 15th, LendChain team was invited by Shenzhen Chain Finance to participate in the offline closed-door meeting of \"Blockchain Technology Global Seminar & West Lake Theory Chain\".\n\n![WechatIMG382.jpeg](https://cdn.steemitimages.com/DQmQ7acsP9PSn3HWqfdTjFe9rJreWCynAg1RFubdz2RAFJj/WechatIMG382.jpeg)\n\nDACC Collateral Debit Recharge, Airdrop Activity Phase 2 Begins: Event Time October 11 - October 25\n\n![WechatIMG80.jpeg](https://cdn.steemitimages.com/DQmb2ez8e6oazYugSdzCoAbbu3Wr8aKtscDa7ucXLhmupH7/WechatIMG80.jpeg)\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "title": "LendChain’s Project Progress 16/9–22/9",
      "body": "![9.16- 9.22.png](https://cdn.steemitimages.com/DQmY7ku5pVBsteCB3RLBnkDXo83HLCJ7rtntWVVwQ4P6zdK/9.16-%209.22.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide wealth management users with diversified investment products such as collateral and credit, quantitative funds, private equity funds and mining projects.\n\n**Team progress this week September 16th - September 22nd**\n\n**First : Project Progress**\n\n**Client**\n\n• Release IOS 2.2.1 (DACC shelves; optimize market price patterns; add recharge to accelerate DACC; solve digital decimal precision problems, etc.)\n• Released Android 2.1 (DACC on the shelf; optimized market price style; Union League push access; LV, GXS limit 5 decimal places, etc.)\n\n**Platform**\n\n• DACC shelves\n• 20% of BCH access development and 10% of EOS access development\n• Capital business split 9%\n\n**Operational background**\n\n• Background report development 60%\n• Block data and business platform reconciliation system development, 55% completion\n\n**Next week's work.**\n\n• Block data and business platform reconciliation system development\n• Operational report development\n• Multi-mode login development\n• BCH access development, EOS access development\n\n**Second : Operational progress**\n\nLendChain participated in the Asian Economic Television Blockchain Competition in South Korea on September 4th. He sent a congratulatory message overseas. Congratulations to the LendChain project, which was selected as the top ten in the competition in Korea.\n\nLendChain was invited to attend the \"The 4th Season of the Future -2018 Global Blockchain Peak Technology Forum\" Suzhou Station on September 29th! LendChain will attend the conference as a guest and share the model and thinking of the LendChain project.\n\nLendChain and DACC reached a strategic cooperation agreement and officially launched on the LendChain lending platform on September 20, 2018. At that time, users can borrow the tokens such as BTC.ETH.USDT from the DACC in their hands.\n\n![家睦1.png](https://cdn.steemitimages.com/DQmcwNhUdG87WNxsxMSV3FZ38BHhzw9W8ptKQkGnhoC3ixq/%E5%AE%B6%E7%9D%A61.png)\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "author": "lendchain",
      "permlink": "lendchain-s-project-progress-9-9-15-9",
      "title": "LendChain's Project Progress 9/9–15/9",
      "body": "![9.9- 9.15.png](https://cdn.steemitimages.com/DQmSPdFrFmkU7GaeEvb2w2yXiPi7U5ogbDKv2CduJxH4hF6/9.9-%209.15.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide wealth management users with diversified investment products such as collateral and credit, quantitative funds, private equity funds and mining projects.\n\n**Team progress this week September 9th - September 15th**\n\n**First : Project Progress**\n\n**Client**\n\n• IOS 2.2.0 has released, fix copy problem; optimize user experience; repair the collateral calculation BUG.\n• Android 2.0 native app is available.\n\n**platform**\n\n• New Chinese and Korean languages officially launched on the website.\n• Collateral alert information will be added as collateral rate on the application and it will be sent as an Email and a message.\n• DACC is a new currency and it will be added on the app by the next week\n• Capital business split 5%\n\n**Operational background**\n\n• Background report development 10%\n• Block data and business platform reconciliation system development, completion 50%\n\n**Next week's work.**\n\n• Block data and business platform reconciliation system development\n• Operational report development\n• Optimize blockchain gateway for enhanced security\n\n**Second : Operational progress**\n\n**On our way to the MOON**\n\nOn September 8th, LendChain was invited to attend the \"Third Season of 2018 Global Blockchain Peak Technology Forum\" held in Fuzhou. LendChain, Chief Technology Officer, was invited as a special guest to attend the conference and delivered a speech entitled \"LendChain Blockchain Financial Underlying Technology\" . On the spot, LendChain was introduced as a digital financial services platform to realize the advantages and operation modes of the underlying blockchain technology, and was favored by the audience.\n\n![WechatIMG232.jpeg](https://cdn.steemitimages.com/DQmQ8TzC9JogxH56B8QNXXBJcRk37NAu9ZgpEAkATrcfcjX/WechatIMG232.jpeg)\n\n![WechatIMG231.jpeg](https://cdn.steemitimages.com/DQmPCTzPQNdisgkkSxi8tbwYh82CAQpNPt8t1t4FHqHuSP3/WechatIMG231.jpeg)\n\nFrom September 10th to 12th, the LendChain team was invited to attend the 4th Global Blockchain Summit of the 2018 Shanghai Blockchain International Week. With the theme of \"Blockchain New Economy and Technology Exploration\", the summit brought together dozens of blockchain practitioners, experts and scholars, technical geeks from around the world, and more than 1,500 attendees. The topic of privacy, scalability, security, consensus mechanism, cross-chain, future development trend, implementation practice, legal supervision and other hot topics of blockchain technology are discussed. Among them, the founder of Ethereum Vitalik Buterin and the CEO of Bitcoin have expressed the keynote speeches on \"New Development of Blockchain Technology\" and \"Main Line of Blockchain Technology Development in the Next Decade\". The LendChain team is not only in touch with the industry's top leaders, but also explores the direction and future of the blockchain.\n\n![WechatIMG61.jpeg](https://cdn.steemitimages.com/DQmW7EDBTfokbmREsg3qNSUz3tdCFJESWQM8FbrZmuQj57w/WechatIMG61.jpeg)\n\n![WechatIMG66.jpeg](https://cdn.steemitimages.com/DQmWKzSkr8KgBaEn9gUqKkm7UjZ8wo6Ai7kqzughyEBMrHQ/WechatIMG66.jpeg)\n\n![WechatIMG63.jpeg](https://cdn.steemitimages.com/DQmYNY31sxNjVPzV95V2qCAUEgibuU9ZfaUENfBmaxqBsgD/WechatIMG63.jpeg)\n\nLendChain has reached a strategic cooperation with DACC, and the two sides will be a multi-faceted cooperation around community building, brand promotion, public chain ecosystem and digital currency financial ecology. \n\nNext week, the DACC token will be officially launched on the LendChain platform. At that time, users can borrow the tokens such as BTC, ETH and USDT from the DACC in their hands.\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 6351.402$ | _0.28%_ | _-13.11%_\n**EOS** | EOS | 5.012$ | _-0.65%_ | _-22.52%_\n**ETH** | Ethereum | 194.708$ | _-1.73%_ | _-32.35%_\n**GXS** | GXChain | 1.116$ | _-0.33%_ | _-25.52%_",
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      "permlink": "lendchain-s-project-progress-2-9-8-9",
      "title": "LendChain's Project Progress 2/9–8/9",
      "body": "![9.2-9.8.png](https://cdn.steemitimages.com/DQmQWQ6zqypHagV7NP9Wa5diamNGxNSam1aeCde4XEYVY3v/9.2-9.8.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide wealth management users with diversified investment products such as collateral and credit, quantitative funds, private equity funds and mining projects.\n\n**Team progress this week September 2nd- September 8th**\n\n**First : Project Progress**\n\n**Client**\n\n。iOS: Add transfer records, LV release records, and user invitation records, and modify the target details page, that is, the new app2.2 version will be released.\n。Android: Add transfer records, LV release records, and user invitation records to modify the target details page. The native app development test is complete, and the Android native app 2.0 version will be released soon.\n\n**Platform**\n\n。Official website Chinese, Korean version development.\n。Front-end performance statistics and anomaly monitoring system are built.\n\n**Operational background**\n\n。R & D background reporting system.\n。BTC, LV, GXS account assets are put into storage.\n\n**Next week's work.**\n\n。Interface debugging of funds project and wallet application.\n。Added operation background management permission function.\n。Report system function development.\n\n**Second : Operational progress**\n\n。LendChain founder Oscar Sum was interviewed by South Korea's \"DAILYTOKEN\" on September 6.\n。The founder of LendChain, Oscar Sum, will be broadcasted on YouTube on September 6th.\n。LendChain founder Oscar Sum was invited to attend the THE WALL conference in South Korea on September 6 and was present as a guest. He discussed the possibility of blockchain with more than 2,000 participants.\n\n![WechatIMG196.png](https://cdn.steemitimages.com/DQmeBxiGNr61FMtotPro1pviRMEw5BJGUom4P9wFdM7rvGi/WechatIMG196.png)\n\n![WechatIMG1052.jpeg](https://cdn.steemitimages.com/DQmQKiaa26BfGB2EZZYNzcZ7665XKd4YJuT89dTbdb6pq6p/WechatIMG1052.jpeg)\n\n**LendChain was invited to Korea DMC Festival**\n\nFrom September 5th to 6th, LendChain was invited to participate in the DMC Festival organized by MBC. The DMC Festival is one of the largest annual events in Korea. At the exhibition, the LendChain team conducted in-depth exchanges with project parties, investment institutions, and industry experts from all over the world to discuss the financial pain points of the blockchain combined with financial solutions. The exhibition site was very popular, and the LendChain team guided the user registration experience.\n\n![WechatIMG1023.jpeg](https://cdn.steemitimages.com/DQmbdo6kkA9tWzU8DWUCCFbFHe7GwXPNtEjte8qa3CfTsfU/WechatIMG1023.jpeg)\n\n![WechatIMG195.jpeg](https://cdn.steemitimages.com/DQmPdQbHkDesjg9ZvMtL6LsQdSJHxNqoNnUMFnfxEukychn/WechatIMG195.jpeg)\n\nMs. Cui Yuzhen, a member of the South Korean Parliament, said that she is very optimistic about the development of LendChain in the Korean market and went to the meetup to encourage us.\n\n![WechatIMG1055.jpeg](https://cdn.steemitimages.com/DQmaKQRFJYgbmpsniQb73d9oZtAeY3ucEB3Wt8sySG1TjDM/WechatIMG1055.jpeg)\n\n**LendChain was invited to participate in the 4th Shanghai Blockchain International Week 4th Global Blockchain Summit on September 10th.**\n\nThe 4th Global Summit on Blockchain follows the Technology Open Day and was held in Shanghai from September 11th to September 12th. As the highlight of the International Week, the summit will return to the original heart, take the attitude of seeking truth from facts, deeply explore the core technology, face the core value of blockchain technology, invite industry representatives, experts, scholars, institutional representatives, etc. to gather together to present a wonderful feast of technology exploration. . The LendChain team will attend the summit and will be in touch with the industry's top leaders to explore the direction and future of the blockchain!\n\n![WechatIMG194.jpeg](https://cdn.steemitimages.com/DQmar273snijkrdFA27rH7sBdQFGwXKUQVGjchTrbTWNSii/WechatIMG194.jpeg)\n\n**Community Progress**\n\n![WX20180910-153100.png](https://cdn.steemitimages.com/DQmPufpSCDzzXcrUBS6gB2m7pRnp7oUoRzrdmGTF8wyJZjP/WX20180910-153100.png)\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "permlink": "lendchain-new-financial-services-platform-in-the-blockchain-era",
      "title": "LendChain: New Financial Services Platform In The Blockchain Era.",
      "body": "@@ -1,20 +1,205 @@\n+!%5B31819886_198291654301947_3693380989309943808_o.png%5D(https://cdn.steemitimages.com/DQmYAa5tQmoTVjZY44fH6gEe3WFkh8jpa3cK67MLtwrMq85/31819886_198291654301947_3693380989309943808_o.png)%0A%0A\n The blockchain is go\n",
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      "permlink": "lendchain-new-financial-services-platform-in-the-blockchain-era",
      "title": "LendChain: New Financial Services Platform In The Blockchain Era.",
      "body": "The blockchain is going to land. There are two areas that are currently the fastest. One is the game and the other is finance. The blockchain finance is also a completely different species from traditional financial or internet finance.\n\nBased on the interest in blockchain landing, Blue Fox notes have been very interested in finance in the blockchain field. I have also seen many blockchain financial projects such as Saltlending, ETHlend, Jibrel, DCC, Ripo, Nexo, etc. ETHlend has lent more than 15,000 ETH in the last few months; Saltlending has a valuation of more than $200 million. Ranked among the top 30 in the blockchain digital asset rankings. These all show the potential of blockchain financial services projects.\n\nLogically, based on blockchain technology, financial services data can be transparent and open, and peer-to-peer services can be operated on a smart contract. Both traditional financial and Internet finance have the potential to reduce the impact.\n\nHowever, to truly land, it is still inseparable from the risk control system, especially credit loans, and good risk control is still the core competitiveness. After all, financial consideration is not only the income of assets, but also the security of assets.\n\nNeedless to say, there will be more and more blockchain financial projects, just as Internet finance once appeared. Recently, Blue Fox notes focus on LendChain's blockchain financial project, its model and the foundation it relies on, giving it a unique advantage.\n\n**LendChain 's new finance**\n\nThe concept of new finance was preceded by the Internet compared to traditional finance. With the birth of blockchain technology, the blockchain-based finance has improved the level of development. The opportunities contained here will continue to be explored along with the blockchain project. A new innovation model has emerged, releasing new power.\n\nLendChain's goal is to become a decentralized digital asset financial services platform.Since the outbreak of the digital asset market in 2017, the entire market assets have climbed from less than 200 billion US dollars to the end of the year to 600 billion US dollars. Although the market is now entering a bear market, the overall market size is still more than 250 billion US dollars, and more importantly, At present, the number of currency-holding users has been greatly improved. The number of global ETH-holding users has reached more than 37 million, and the scale of more than 70,000 new addresses per day has been increasing. According to this speed, the number of currency-holding addresses will exceed 50 million at the end of the year, even considering A person has multiple addresses and goes to a larger part. The overall user size is also very impressive. Moreover, a large number of Bitcoin users are not counted here.\n\nMore important blockchain projects are more and more, although it is currently a bear market, but it has not affected more people to participate. Almost every day, more than 10 projects are financing, and the blockchain market is slowing, but never Did not stop.\n\nWith the birth of more and more landing projects, the demand for financial services on digital assets will increase as the management of digital assets. Although we see today that trading on the exchange is the main user scenario for the current digital asset market. However, as the market matures, there is an increasing demand for financial services such as digital currency investment, lending, insurance, and futures.\n\nFor example, a user holding a digital asset token will urgently need a cash flow when he is in a bear market, but he is not willing to buy a token. At this time, the demand for borrowing appears. For example, users who make digital currency investments do not have ETH in their hands, but recently ETH prices fluctuate greatly. The investor can borrow ETH through USDT collateral, then sell ETH at the appropriate price, buy again when ETH price falls, and then repay Give investors, and thus gain.\n\nFor those who are good at investing, more tokens can be used to increase the value of assets through borrowing. On the other hand, many digital asset holders who are committed to long-term investment can obtain stable income through lending by their own BTC or ETH.\n\nThrough these financial products, some digital asset holders can get more benefits in volatile financial markets. In the real world scene, it has also been verified. On March 27, 2018, Block City app launched a wealth management service for the creation of the residents: the remaining money treasure, only a 15 seconds 30,000GXS quota was robbed. This fully shows that for users with digital token assets, there is a strong financial need, especially in the bear market, through the digital token wealth management services, you can get more tokens, which is the way to achieve asset appreciation.\n\nLendChain looks at its business plans, including digital token collaterals, credit lending, wealth management products, private equity funds, bonds and other financial products services.\nIn the long run, LendChain will expand the field beyond the digital token. With the offline assetization, such as real estate, auto, equity, stocks, bonds, funds, futures, etc., LendChain's distributed financial products service will put the tentacles Expand into more areas, and as the model matures, it can be extended across the globe to the world.\n\nFrom this perspective, LendChain is not only a lending service for digital tokens, but also a distributed digital asset financial service platform, which is based on the world. In essence, it is to connect the holders of digital assets and the demanders of digital assets directly point to point through the blockchain, so that both asset holders and demanders can meet their respective needs at a lower cost. Some people find suitable borrowers to realize the value-added income of assets; borrowers borrow more digital assets to achieve more liquidity and obtain higher asset returns.\n\n**LendChain lets the business grow naturally**\n\nThe LendChain business has grown with the development of digital asset business. First of all, the founder of the team, Ayi, once served as a CMO in GXChain. From the business of GXChain, he also saw the demand for digital asset management and financing. These already strong demand have given the business a natural foundation.\n\nAlthough LendChain aims to become a financial platform for digital assets, from the beginning, not all financial business has been done, but the trend has come to the ground, so that business naturally occurs. At present, the most natural business in digital currency financial services is collateral lending.\n\nAll financial products and services, whether traditional finance, internet finance or blockchain finance, have one thing in common from the perspective of model sustainability, namely risk control. Collateral loans based on digital currencies are relatively safe in terms of risk control. It is far easier to deliver than property collaterals such as real estate and automobiles, and has a lower risk than credit loans. It is a relatively perfect business model, which is also a unique financial model belonging to blockchain digital assets.\n\nLendChain starts with the most stable financial products with the lowest risk. Specifically, LendChain's digital asset lending service refers to financing with digital asset tokens as collateral.\n\nLendChain's entire lending process is executed through smart contracts, all of which are on-line, including the release of financing requirements, collateral asset lock-ups, borrowing targets, investment operations, repayments due, overdue delivery, etc. The process is transparent, open, and free of human operation, which can maximize the interests of investors and avoid the risk of the traditional centralized P2P Internet financial platform running. Moreover, the entire process does not need to upload various credit information as traditional Internet finance. After the upload, the platform has to carry out credit rating evaluation, determine the quota, and even have to conduct manual review.\n\nThe lending process of the LendChain platform is simple. From the point of view of the borrower, it can be done with a simple operation. The first step is to verify identity and security. The second step is to create a collateral: the borrower recharges a certain amount of digital tokens as collateral. Currently supports BTC, ETH, GXS, etc. The third step is to issue the loan target: enter the loan digital token (BTC, ETH, USDT, bitCNY, GXS, etc.), custom interest (the official will recommend a reasonable range), the term, etc. After the release, the collateral token is automatically locked.\n\n![WechatIMG55.jpeg](https://cdn.steemitimages.com/DQmbrRtVJCik5siTwFNLRRCWteWYQBwsPXb9B8n83sQfozR/WechatIMG55.jpeg)\n\nIf the loan target is 100% raised within 24 hours, the loan will take effect. If the price is not 100%, or the price of the collateral token falls by more than 20% within 24 hours, the target will automatically expire. After the loan is successful, it will be returned after the expiration.\n\nFrom the perspective of investors, the investment process is also very simple. Investors also need only three steps, the first step is to log in to the LendChain platform; the second step is to choose the investment target: choose their own investment target according to different interest rates, deadlines, and token types. The third step is to recharge and apply: recharge the required digital tokens for the selected target, and finally submit the application.\n\nIf the investment target is fully funded within 24 hours, the investment will take effect and the investor will receive the principal and interest after the expiration. When the borrower expires, the digital token and interest of the loan will be automatically returned. If the overdue period occurs, the investor will receive the overdue fee in addition to the original interest income after the borrower finally repays the loan.\n\nIn this lending model of digital assets, the key to risk control is collateral, but the digital tokens as collateral have price fluctuations themselves. How to design collateral rates? If the collateral assets plunged, how can we guarantee the interests of investors?\n\nIn order to control the risk, LendChain sets a new user's collateral rate of 50%, that is, if you are a new user, you have a BTC worth 10,000 USD, then you can only borrow USDT, bitCNY, ETH, etc. worth 5,000 USD. At present, on the ETHlend, the loan token cannot exceed 65% of the value of the collateral token, which is relatively loose on the risk control.\n\nOf course, LendChain will float on the collateral rate based on the user's credit history. The credit history mainly comes from the user's previous loan records, as well as credit data based on public credit, etc., depending on the credit rating, there will be different collaterals. rate.\n\nDue to the huge volatility of digital tokens, once the plunge, the collateral rate is not enough to protect the interests of investors, this involves the closing mechanism of collateral assets. LendChain evaluates the collateral assets of each loan and sets up a warning line (70%) and a level (50%). Once the collateral token reaches the warning line, the system will prompt the lender to increase the collateral and meet the collateral rate requirements to avoid being closed. If the collateral token assets reach the liquidation line, the platform will deliver the collateral assets, and the locked collateral currency will be transferred to the investor's account. Of course, due to market fluctuations, the collateral of the lender is delivered and the credit taint will not be generated.\n\nIn order to make the collateral lending process simple, LendChain manages collateral assets through smart contracts, docks with mainstream exchanges, and obtains collateral digital asset prices in real time to control risk. Once the liquidation line is reached, the smart contract will automatically deliver the digital assets of the collateral.\nIn addition to the liquidation caused by the collapse, there is also a situation in which the collateral assets are delivered, that is, when the user reaches the limit after the deadline, the current set period is one week. Remind the loan several times during the week and still not return the loan on time. The LendChain platform first deducts the overdue fee and then delivers the collateral, and the overdue record will be chained, which will affect the user's credit rating.\nIn the end, due to the existence of collateral assets, the collateral rate is 50%, and if the user does not return the loan after the deadline, the investor will not face the risk of capital.\n\nLendChain also gives users more choices in terms of the currency and interest rate of the loan. The interest rate is set by the borrower, but the platform itself will set the interest rate range to ensure the interests of investors. In the early period, \nLendChain opened the products with daily interest, and the borrowed and returned coins must be the same token.\n\nIf an overdue period occurs, it involves overdue fees, and it also involves credit stains, which will be on the chain. The overdue fee is currently the daily principal* interest rate*2.If you repay in advance, you will need to pay the loan principal, interest, and default handling fee (50% of the total interest on the remaining days).\nIn addition to collateral lending, LendChain will gradually step into the credit loan of digital assets as the user's loan record increases and through the help of the public credit credit record.\nIn the traditional Internet financial credit loan, the risk control process is complicated. From the user experience, especially the experience of borrowing users is not very good. Not only is the process complex, but privacy is not protected.\n\nLendChain's entry into the credit lending field also naturally grows with the development of the business. First, it has generated the user's credit history with its collateral lending. Second, it has a partner's public letter, and LendChain plans to connect with the GXChain public chain. The real name data of the public letter treasure is opened.\n\nBased on this data, the LendChain team can build a wind-based model based on big data, which can realize the credit evaluation of users and provide small-value digital token credit loans with different credits and deadlines for users with different credit ratings.\n\nAlthough credit loans are more risky, they can also bring more business volume. The bad debt rate is also inevitable. However, as long as the risk ratio is controlled, the entire business model has the opportunity to develop. More importantly, the scale of credit lending will be relatively large. The core competitiveness here is risk management.\n\nIn addition to the lending business, LendChain also has wealth management products for currency users. For many money-holding users, especially for those who have a strong demand for stable income, instead of putting the token in the wallet, it is better to obtain higher income through financial management.\nIn addition to the above mentioned financial indicators for providing collateral lending and credit lending to investors, LendChain also offers diversified wealth management products to investors who meet different income and risk preferences.\n\nThese wealth management products include quantitative funds, private equity funds, mine projects, large customer collateral market-making projects, and bonds. For example, private equity funds, LendChain cooperates with high-quality private equity funds. By dividing the share into multiple shares, ordinary investors can participate in the investment of high-quality private equity funds to obtain higher returns from early investment. At the same time, in order to meet the liquidity, the income right of wealth management products can be transferred.\n\n![WechatIMG54.jpeg](https://cdn.steemitimages.com/DQmRw1xTQTGGXy7d6mgGd1f5DAf9QFGUgXoxqGF12fQ3inR/WechatIMG54.jpeg)\n\nAnother example is the financial management of bonds, which also has the opportunity to become a way to follow-up financing of blockchain projects. Bonds in the financial market far exceed the securities market. If, in the future, a mainstream blockchain project, for business development, it needs to raise 100,000ETH to expand its business. Then, it can initiate bond financing on LendChain, and the project can be guaranteed with certain tokens and other collateral, which has increased investor confidence. Investors can also transfer bonds to obtain the liquidity of assets.\n\n**LendChain lets distributed platforms expand its imagination**\n\nOne of the most important reasons why LendChain is new finance is that it is based on a distributed financial services platform. First, it has changed the drawbacks of traditional financial platforms, including the centralization of Internet financial platforms. The second is that it works with other platforms to make distributed financial products services ubiquitous.\n\n**Let's first look at the distributed features that bring it to life.**\n\nLendChain can solve many of the shortcomings of the centralization of traditional financial and Internet financial platforms by decentralizing distributed financial service platforms.\nIn terms of loans, loans were mainly collateral loans before the 18th century. Today, credit loans have become very popular. For example, through FICO's risk assessment, Internet finance has made full use of big data and artificial intelligence technology to develop a new credit decision-making system. It has been making progress and indeed promotes the popularization of credit lending. Financial significance, but the centralization operation is still problematic.\n\nFor example, the authenticity of data is difficult to distinguish. The data of third-party organizations is not completely credible; the data has islands, different user data is in different systems, the cost of information verification is high, the borrower borrows on different credit platforms, the data between the platforms is not shared, and it is impossible to grasp whether the user is There are long-term loans; in terms of privacy, there is no guarantee. In order to obtain loans, users are authorized to use the Internet lending platform to crawl their own mailboxes with credit card consumption records, climb payment purchase records, Taobao shopping records, and climb call records. These data include individuals. Name, phone number, address, consumption record, call history, and even which restaurant to go to eat at any day, in which hotel to spend, spend a lot of money, are clear.\n\nThese privacy-related data, although desensitized, may be compromised due to the centralization of the server, and there may be internal employees stealing user data. In this case, user privacy is almost impossible to obtain any guarantee.\nIn an era of increasing emphasis on privacy and security, in the long run, this Internet financial credit model is not sustainable. In addition, centralized credit has a deep contradiction that cannot be solved by itself. This contradiction is that its cost, efficiency, and distribution of benefits are unreasonable.\n\nCost includes bad debt cost and operating cost, specifically, the cost of not paying back, risk assessment cost, customer cost, and collection cost. These traffic costs, risk control costs and bad debt costs are ultimately collected by the borrower. The cost will work. This means that there are really more costs for the creditors.\nIn terms of efficiency, in order to verify user identity, credit history, loan records, etc., it is necessary to borrow a large number of loan intermediaries and other services, which is inefficient and costly.\n\nFinally, the issue of interest distribution, with the Internet lending platform and other intermediaries grasping more and more user data and loan records, has more information monopoly ability, resulting in some institutional violence, and even annualized interest rates of more than 100%, more The annualized interest rate of micro-finance has exceeded 300%, which is very unreasonable.\n\nThe best way to solve the problem of traditional financial intermediaries or Internet lending platforms is the decentralization model of the blockchain. Blockchain can solve the problem of data monopoly, allowing data ownership and control to return to users. Allowing the intermediary platform to achieve premium profits through monopoly data. The middle part is removed through the blockchain area, and the price is more reasonable according to the market price through the smart contract, which is more reasonable for the lender and the borrower.\n\nThe problem of personal privacy data leakage and being bought and sold by the platform can also be solved through the decentralized storage system of the blockchain. In general, through the decentralized model, many drawbacks of traditional financial institutions and Internet credit lending platforms can be reshaped, and the new financial model of blockchain can be promoted.\n\n**LendChain can build a financial service platform that meets the needs of different users through blockchain technology.**\n\n**Second, LendChain will leverage the power of other platforms to grow its business together.**\n\nLendChain's own platform provides multi-terminal services, including PC, H5, WeChat, IOS and Android phones.\n\nLendChain will make full use of the advantages of the public letter platform, and its blockchain is based on the GXChain public chain development to achieve data access. All loans will be chained, allowing users to increase their credit data.\nIn order to bring financial products and services to the forefront as soon as possible, LendChain will also develop Dapp based on the GXChain public chain, such as real-name authentication system, user credit rating system, distributed P2P lending platform, collateral digital asset management system, Token contract and so on. These applications have accumulated a lot of valuable data for the follow-up business.\n\nLendChain's token is LVCOIN and is also based on GXChain. LVCOIN tokens are mainly used for handling fees, VIP membership fees, voting coins, and financing collaterals.\n\nThe handling fee means that the user needs to support a certain percentage of the service fee when using the LendChain platform business, and the discount is obtained when using the LVCOIN payment. For example, if a user uses a 10BTC loan 5BTC, the user needs to deduct a 0.05BTC fee. If paying with LVCOIN, he only needs to pay an equivalent fee of 0.025BTC.\nThe user purchases a VIP member by paying a certain amount of LVCOIN. The VIP member is mainly a user who invests in a large amount of assets. For example, the asset to be invested can be locked, and the interest rate and amount can be set. If the system meets the requirements, the priority will be given. VIP members grab the bid.\n\nVoting on the currency means that the user decides to add the token with the LVCOIN token, and the new token can be used for lending, wealth management and other services.Finally, in cooperation with investment institutions such as investment institutions, market makers, project parties, and exchanges, they also need to collateral mainstream tokens and LVCOIN for margin.\n\nIn addition, LendChain also has a repurchase LVCOIN mechanism, which will use 20% of the income in the quarter for repurchase and destruction, which can be queried through the blockchain browser.\n\nFinally, in order to allow more platforms to take advantage of LendChain's services, all platforms can access LendChain through the API to obtain a variety of financial products and services to achieve a win-win situation.\nA few days ago, Blue Fox notes that LendChain landed on the Bitpie Wallet App, which means that Bitpie users can also enjoy LendChain's collateral products, money management and other financial products and services.\n\nIn the end, LendChain will open source, turning LendChain into a decentralized platform, enabling all assets to be implemented through smart contracts, enabling a fully self-running financial services platform.\n\n**Conclusion**\n\nThe combination of finance and blockchain brings us more possibilities. Through decentralization, we can be more transparent and open through the way credit is recorded in the chain. At the same time, the financial system of digital assets itself will generate new models, such as the collateral lending of digital assets themselves, which are different from traditional financial models.\n\nAs the new financial exploration of the blockchain deepens, more models will be invented.\n\nLendChain has its own unique foundations and advantages in many new blockchain financial projects. It starts with digital asset collateral lending, allowing the business to naturally occur and grow, and the landing steps are clear. It cooperates deeply with GXChain. Based on the development of public trust chain, it can make full use of the data on the public trust chain, so that the subsequent credit lending and other businesses can develop rapidly.\n\nThe team has many years of experience in the financial lending field, which makes it more grounded. Look forward to LendChain exploring more innovative models in the blockchain new finance.\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📈 7d\n- | - | - | - | -\n**AE** | Aeternity | 1.156$ | _-2.5%_ | _11.89%_\n**BTC** | Bitcoin | 7253.144$ | _1.32%_ | _8.0%_\n**EOS** | EOS | 6.516$ | _0.33%_ | _29.69%_\n**ETH** | Ethereum | 292.488$ | _-0.4%_ | _5.98%_\n**GXS** | GXChain | 1.472$ | _-1.03%_ | _5.75%_",
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      "permlink": "lendchain-s-project-progress-26-8-1-9",
      "title": "LendChain's Project Progress 26/8–1/9",
      "body": "![家睦.png](https://cdn.steemitimages.com/DQmQTBm5WYJxu5e9myDhJESk1eL4mk6yMY89cJxzgUmUPkx/%E5%AE%B6%E7%9D%A6.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide wealth management users with diversified investment products such as collateral and credit, quantitative funds, private equity funds and mining projects.\n\n**Team progress this week August 26th - September 1st**\n\n**First : Project Progress**\n\n**Client**\n\n。IOS 2.0 version  fixes Korean copy file problem; fix calculation BUG; deep optimization design restore.\n。Android 2.0 native application is under development, 98% completion, and finally BUG repair. It will be on the shelves \nnext week.\n\n**Platform**\n\n。Token sale settlement function development.\n。The KYC brush number detection function was developed.\n\n**Operational background**\n\n。Block data and business platform reconciliation system development, completed 40%. The reconciliation function has been completed and the exception handling function is under development.\n。Platform accounting optimization, system migration development.\n。Develop GXS replenishment reconciliation and capture transaction data on the chain.\n。Develop BTC replenishment reconciliation, and capture transaction data on the chain.\n\n**Next week's work.**\n\n。Block data and business platform reconciliation system development.\n。Operational report development.\n。User account flow development.\n。User invitation record query.\n\n**Second : Operational Progress**\n\n。LendChain opened the LVCOIN exchange Chinese name vote in the community, according to the voting result LVCOIN referred to as \"LendChain currency\".\n\n。LendChain was invited to participate in the August 30th 2018 link to the future \"Global Blockchain Peak Technology Forum Season 3\" Hangzhou Station Conference.\n\n。LendChain was invited to participate in September 5th Planet Daily 2018 Blockchain P.O.D Conference | Connected to the Public Chain Ecology and Outstanding Developers Conference.\n\n。LendChain founder Oscar Sum was interviewed in South Korea on September 4 in the Asian Economic TV blockchain competition.\n\n。LendChain was invited to participate in the DMCF2018 conference in South Korea from September 5th to 6th.\n\n。LendChain was invited to participate in the \"Global Blockchain Peak Technology Forum Season 4\" Fuzhou Station Conference on September 8th, 2018, LendChain CTO Sheng Hangshen as a guest to attend the speech.\n\n**Third : Community Progress**\n\n![WX20180903-104158.png](https://cdn.steemitimages.com/DQmQz2VzRxLsb2rn2YDto11MxNbckwvcpA6XQv1MpQJsB5V/WX20180903-104158.png)\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "body": "![logo4.png](https://cdn.steemitimages.com/DQmbkpNAcGPekUhmJ2UY9nYVxpxqm9uy2sfEqMf3MMHigQ1/logo4.png)\n\n**LendChain's Token Sale began at 11:00 on August 28th, Beijing time, and ended at 11:00 on the 31st, Beijing time and finally raised to 1714.73 ETH.**\n\n**The holdings of public investors will be issued today. Unsold 4,279,050LVCOIN will also be destroyed at the same time.**\n\nDestruction address: LVCOIN-burned.\nQuery address: s: https://block.gxb.io/#/account/lvcoin-burned\n\n**According to the rules preset by LendChain, after opening the whitelist registration, a total of 9331 people participated in the registration, and 5711 people completed KYC, verified that the number of people who were eventually whitelisted was 2,793.**\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "permlink": "re-solio-re-lendchain-lendchain-s-project-progress-19-8-25-8-20180827t092231334z",
      "title": "",
      "body": "@@ -3,10 +3,11 @@\n ere \n-is\n+are\n  som\n",
      "json_metadata": "{\"tags\":[\"summit\"],\"app\":\"steemit/0.1\"}"
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      "permlink": "re-solio-re-lendchain-lendchain-s-project-progress-19-8-25-8-20180827t092231334z",
      "title": "",
      "body": "there is some resources and we are working to let them evaluate our project.",
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      "author": "coin.info",
      "permlink": "re-lendchain-lendchain-s-project-progress-19-8-25-8-20180825t091105256z",
      "title": "",
      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📈 24h | 📉 7d\n- | - | - | - | -\n**AE** | Aeternity | 1.015$ | _2.49%_ | _-9.46%_\n**BTC** | Bitcoin | 6726.640$ | _2.75%_ | _3.29%_\n**EOS** | EOS | 4.993$ | _1.21%_ | _-6.48%_\n**ETH** | Ethereum | 280.582$ | _1.4%_ | _-9.48%_\n**GXS** | GXChain | 1.380$ | _2.2%_ | _-13.14%_",
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      "permlink": "re-lendchain-lendchain-s-project-progress-19-8-25-8-20180825t090801838z",
      "title": "",
      "body": "I wonder if there is a resource that evaluates the prospects of such projects?",
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      "permlink": "lendchain-s-project-progress-19-8-25-8",
      "title": "LendChain's Project Progress 19/8–25/8",
      "body": "![家睦.png](https://cdn.steemitimages.com/DQmcmYpvApBXDcD9pnMhKP9GeSwZVns96itZzBBVBRzXroo/%E5%AE%B6%E7%9D%A6.png)\n\nLendChain is a distributed digital assets financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides mortgage and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide mortgage and credit labels for wealth management users. Diversified investment products such as quantitative funds, private equity funds, mine projects, and large customer mortgage market-making projects.\n\n**Team progress this week, August 19 - August 25**\n\n**First : Project Progress**\n\n**Client**\n\n。iOS launches Korean version, iOS 2.1 is available on Friday (August 24th)\n。Android native application BUG fix\n\n**Platform**\n\n。Collateral target closing line, warning line optimization\n。Multi-language version development\n\n**Operational background**\n\n。Block data and business platform reconciliation system development completed 80%\n。Background management system development, next week to test\n\n**Working next week**\n\n。Block data and business platform reconciliation system development\n。Android English and Korean version development\n。Background function module development\n\n**Second : Operational progress**\n\n。On August 21st, the LendChain team conducted a roadshow in Xiamen. The LendChain team demonstrated the advantages and operation of their projects and was favored by the guests. The event was full.\n\n![WechatIMG34.jpeg](https://cdn.steemitimages.com/DQmaAnsp6c48CCQuCnCfzNwedbJZriF8Z85CEV9uUCwqcuu/WechatIMG34.jpeg)\n\n。LendChain was invited to participate in the GBLS Global Blockchain Investor Brand Salon on August 24th\n\n**Third : Community progress**\n\n![WX20180824-171716.png](https://cdn.steemitimages.com/DQmVqGkTU47yNVt1QSZL8dYfGSUaz8XNfgVhsYP2ySU8e6b/WX20180824-171716.png)\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📈 24h | 📉 7d\n- | - | - | - | -\n**AE** | Aeternity | 1.012$ | _2.37%_ | _-10.29%_\n**BTC** | Bitcoin | 6717.097$ | _2.65%_ | _3.02%_\n**ETH** | Ethereum | 279.691$ | _1.06%_ | _-9.94%_\n**QKC** | QuarkChain | 0.028$ | _9.39%_ | _-4.74%_",
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      "title": "LendChain Weekly AMA Summary - 08/24/2018",
      "body": "**LendChain has been holding its weekly AMA on Telegram group every Friday from 10–11 am UTC+8.**\n\n**We accept questions/comments/suggestions.**\n\n![家睦-AMA2.png](https://cdn.steemitimages.com/DQmQAMsiKHfirvx7pNvC65oeqcnH96JvFX2WaATNrVPtLG7/%E5%AE%B6%E7%9D%A6-AMA2.png)\n\n**Lv Zhe : I am from USA And why can't I participate in the token sale?**\n\nAnswer : because of the regulations and the rules in the US.\n\n**Martin Lucus : I see someone selling LVCOIN trade LVCOIN now?**\n\nAnswer : Not yet but we will be on the exchange so soon, our token sale will start on Aug.28 so the time to sell LVCOIN will be only on our token sale.\n\n**Emilia : Has Token Sale changed?**\n\nAnswer : We only changed the rules but the time still the same.\n\n**Oliver Kang : Is the 28th token sale on time?**\n\nAnswer : Yes exactly we will have it on time.\n\n**Emilia : What rules have been changed?**\n\nAnswer : The prices will be as the formulas in the pictures and the hard cap will be 2000 ETH.\n\n![1_t-y5RFJKAELR8_0gUapAzw.png](https://cdn.steemitimages.com/DQmV3w1BvXX6FrwgtMCLeQJGxyWUU1oBDTWidvfAJyYSfP3/1_t-y5RFJKAELR8_0gUapAzw.png)\n\n**Emilia : Why do you want to change?**\n\nAnswer : Because of the volatility of the cryptocurrency price we decided to change it.\n\n**Emilia : The quota is getting smaller, can I still get it?**\n\nAnswer : You have to be fast because the faster you do it the more tokens you will get.\n\n**Martin Lucus : How many users do you have now?**\n\nAnswer : till now we have 160000 user and the number is going more and more.\n\n**Martin Lucus : I don't believe in your security right now, how can I keep the money safe In lendchain?**\n\nAnswer : As a digital assets financial services platform, China Unicom will implement a financing platform that uses digital currency as collateral. The user's entire loan process will be built on the main chain, including locked assets, borrowing targets, user investments, maturity repayments, overdue delivery, and more. All of this will be done through smart contracts.\nIn terms of security, it is also our primary consideration, so we will use some hot and cold wallet technology similar to the exchange to do some security management. This piece can still be assured. In addition, we will also set up a security claims fund to deal with some of the more urgent and special circumstances to ensure the security of our users' assets.\n\n**Martin Lucus : How to ensure that you will not run away with money after a large number of users?**\n\nAnswer : we use multi-signature to manage the collateral assets, to ensure that the platform can not run, and only after the expiration, the borrower completes the repayment, and then submits his private key to unlock the collateral assets.\n\n**Martin Lucus : Are you trustworthy? Are you professional enough? That's what I'm worried about.**\n\nAnswer : For sure we are trustworthy ! you can take a look at the team so you will find an extremely talented team with too many years of blockchain experience\n\n**Martin Lucus : The market is not good now, how can you stand out in the fierce competition?**\n\nAnswer : Our resources are stronger than any other project that makes loans, such as BlockCity DAPP with 2 million users, China's largest Bitcoin wallet Bitpie APP, QuarkChain global community, etc. These resources are not owned by other projects. And in China, we have signed a number of the world's top Token Funds for corporate clients.\n\n**Oliver Kang : How long does LVCOIN reach the wallet after purchasing the token?**\n\nAnswer : After purchasing our token in a few minutes you will have it in your wallet.\n\n**Emilia : Where is your company and how many employees are there?**\n\nAnswer : We are in China, and we have 20+ employees.\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "parent_permlink": "summit",
      "author": "lendchain",
      "permlink": "lendchain-s-project-progress-12-8-18-8",
      "title": "LendChain's Project Progress 12/8–18/8",
      "body": "![家睦.png](https://cdn.steemitimages.com/DQmeFKsbrtSHspeWhqv46rXE6Zckji7UcuGG7aykSZSd5SZ/%E5%AE%B6%E7%9D%A6.png)\n\nLendChain is a distributed digital asset financial services platform. Provide financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide collateral and credit labels for wealth management users. Diversified investment products such as quantitative funds, private equity funds, mine projects, and large customer mortgage market-making projects.\n\n**Team progress this week, August 12 - August 18**\n\n**First : Project Progress**\n\nClient\n\n• iOS 2.0 native application BUG fix, operational data burying frame access\n• Android 2.0 native app is under development, 95% completion, next week's test\n\nplatform\n\n• Korean language is online, building a multi-language framework\n• Optimize blockchain docking system to organize partial accounting logic\n• Closed line, optimized development of the explosive line, 10%\n\nOperational background\n\n• Block data and business platform reconciliation system development, completion 10%\n• Operational rewards background development, 40%\n\nplan for next week\n\n• Block data and business platform reconciliation system development\n• Operational rewards background development\n• Closed line, optimized development of warning line\n\n**Second : Operational progress**\n\nLendChain Global Roadshow (Xiamen) will be held on August 21st in Guanri Road, Software Park, Huli District, Xiamen. LendChain founder CEO Oscar Sum and CTO Sen Hangshen Give a speech as the keynote speaker with the theme of \"solving the pain points of financial management by blockchain\". \n\n**There are also too many gifts waiting for you to collect.**\n\n![WechatIMG96.jpeg](https://cdn.steemitimages.com/DQmdJSheHKxcT62U7CUzwaw8UW3NpqzZ4dpZ4VCUfup9DuK/WechatIMG96.jpeg)\nLong press the QR code to register\n\nThe LendChain team participated in the Eco-Share Sharing Conference on August 16th.\n\nLendChain founder CEO Oscar Sum was invited to participate in the August 18th blockchain education-West Bay Blockchain Academy and Talent Alliance kick-off meeting.\n\nThe LendChain team was invited to participate in the private party + eco-cooperation signing ceremony with QuarkChain and JRR on August 19.\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "permlink": "re-shishir2584-re-lendchain-lendchain-s-project-progress-5-8-11-8-20180814t014556138z",
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      "body": "Exactly, this is what we do :)",
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      "permlink": "re-lendchain-lendchain-s-project-progress-5-8-11-8-20180813t100516175z",
      "title": "",
      "body": "LendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides mortgage and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide mortgage and credit labels for wealth management users. Diversified investment products such as quantitative funds, private equity funds, mine projects, and large customer mortgage market-making projects.",
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      "permlink": "lendchain-s-project-progress-5-8-11-8",
      "title": "LendChain's Project Progress 5/8–11/8",
      "body": "![8.5.png](https://cdn.steemitimages.com/DQmPJvAZCYx3oa869rChUGEQ9mETAYPh9F1iwhhsCgdWoK7/8.5.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides mortgage and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide mortgage and credit labels for wealth management users. Diversified investment products such as quantitative funds, private equity funds, mine projects, and large customer mortgage market-making projects.\n\n**Team progress this week August 5th - August 11th**\n\n**First : Project Progress**\n\nClient\n • Official release of iOS 2.0 native app, optimized for user experience\n • Android 2.0 native app is under development with 80% completion\n\nplatform\n • Increase the price of Korean Won\n • Korean language development\n\nOperational background\n • Block data and business platform reconciliation system development\n • Platform business alarm function development\n\n**plan for next week**\n\n • Korean language online\n • Android 2.0 test\n • Block data and business platform reconciliation system development\n • Operational rewards background development\n\n**Second : Operational progress**\n\n。On August 9th, LendChain iOS native app went online, optimizing user checkup. Uninstall the old version before downloading the new version.\n\n**Long press the QR code to download the APP**\n![WechatIMG96.jpeg](https://cdn.steemitimages.com/DQmdJSheHKxcT62U7CUzwaw8UW3NpqzZ4dpZ4VCUfup9DuK/WechatIMG96.jpeg)\n\n\n。It is recommended that the second phase of the \"Sea Plan\" activity will kick off on August 6th, and 5,000,000LVCOIN will wait for you to collect it. \n\nDownload the app and participate in the event.\n\n。On August 6th, LendChain launched the \"Global Roadshow City, waiting for you to vote to decide\" activities. According to the voting results, roadshows will be held in Xiamen, Chengdu and Xi'an.\n\n**Vote Results**\n![votes.png](https://cdn.steemitimages.com/DQmUjJYr25cKcrYW2KgkDzB6tsLjiGA16yvMCmDpJm7ZgMr/votes.png)\n\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "author": "lendchain",
      "permlink": "lendchain-fully-supports-bch-anniversary-international-summit-in-hong-kong",
      "title": "LendChain’s Project Progress 29/7–4/8",
      "body": "![家睦29-4.png](https://cdn.steemitimages.com/DQmaXYr6o2uaYJjKYxdU8cFzngiw59xhSsGikU2y9foyeB5/%E5%AE%B6%E7%9D%A629-4.png)\n\nLendChain is a distributed digital asset financial services platform. Providing financial assets, investment, insurance and other financial services to digital asset holders. On the financing side, LendChain provides mortgage and credit financing services covering BTC, ETH, EOS, GXS and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide mortgage and credit labels for wealth management users. Diversified investment products such as quantitative funds, private equity funds, mine projects, and large customer mortgage market-making projects.\n\n**The recent progress of the team this week (July 29-August 4) is as follows:**\n\n**First :  Project Progress**\n\n**1. Web backend**\n\n。Logical processing of large withdrawals\n。Block City Wallet Interface Development\n\n**Next week's work:**\n\n。Korean version processing\n。Villa by the sea activity went online\n。Reconciliation system function development\n\n**2. Front-End**\n\n。Official website update\n。Multilingual technology research\n。Restore part of the page UI, optimize the investment limit mechanism\n\n**Next week's work:**\n\n。Write a Korean version of the page\n。UI restore\n\n**3. APP client**\n\n。New iOS client enters integration test phase\n。70% of the new Android client development completed\n\n**4. Next week's work**\n\n。New IOS client English, Korean language\n。The new version of the Android client development module main function\n\n**Second : Operational Progress**\n\n1. On August 1st, LendChain was invited to the BCH anniversary international summit to receive support from BCH developers, BCH 100 main users group, and many project parties in the BCH community, and reached consensus on multiple cooperation opportunities.\n\n![WechatIMG497.jpeg](https://cdn.steemitimages.com/DQmaQDUkP2NbLX3qWRtfxZ3YxWS7e7rrrV7U8tZpfqVTja2/WechatIMG497.jpeg)\n\n2. On August 3rd, LendChain Global Roadshow (Shenzhen) stood at the Kempinski Hotel.\n\n![WechatIMG82.jpeg](https://cdn.steemitimages.com/DQmZZE8NSEQPPgXTYV2k9yBMnmtEZZwxsHHvZGvgZDM1kGB/WechatIMG82.jpeg)\n\n3. LendChain will be on the line on August 6th to recommend the second phase of the award-winning \"Villa by the sea\", and multiple benefits will be collected.\n\n**You can also get the latest news through the following channels:**\n\n**1 → Official website:**\n\nhttps://www.lendchain.io/#/\n\n**2 → QQ group number:**\n\n543754571\n\n**3 → official Weibo:**\n\nHttp://weibo.com/lendchain\n\n**4 → Telegram:**\n\nhttps://t.me/Lendchain\nhttps://t.me/LendChainEnglish\nhttps://t.me/LendChain_Korean\n\n**5 → Twitter:**\n\nHttps://twitter.com/lendchain\n\n**6 →Facebook:**\n\nHttps://www.facebook.com/lendchain\n\n**7 → Instagram:**\n\nHttps://www.instagram.com/lendchain\n\n**8 → KakaoTalk:**\n\nhttps://open.kakao.com/o/gkIAAFS",
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      "body": "How make bitcoin free without investiment? Vizit my video > https://youtu.be/1TU6JwgPqJI",
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