Winner of the 2019 Detroit Fintech Challenge!

Aug 8, 2019 7:23:00 PM / by DeFiner

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DeFiner.org is proud to announce we are the 1st place winners of the 2019 Detroit Fintech Challenge!

 

 

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Saturday, August 3 we entered a competition of 18 brilliant, early-stage startups looking to demonstrate the value of their efforts to innovate and contribute to the development and growth of the Fintech industry. Those 18 projects were distilled down to 6, and then to 3. We are humbled and honored to have received this recognition for our work.

DeFiner has created a peer-to-peer lending platform unlike any other. By creating a strategic integration network with key industry leaders in the blockchain and crypto sphere, DeFiner aims to revolutionize the world of banking through financial inclusion and trustworthiness. We began with creating a completely decentralized dapp allowing users to freely lend and borrow certain trusted cryptocurrencies. We use Binance’s open-source code to track the value of these currencies. By integrating ourselves with the Kyber Network we allow our users to seamlessly swap between tokens; such as Makerdao’s Dai stablecoin. We have completed this ecosystem by partnering with Wyre, allowing users to take their cash and convert it into cryptocurrencies, or cash out by turning their crypto loan back into fiat currency to spend or invest as desired.

DeFiner is dedicated to the pursuit of empowering the billions of unbanked people or otherwise financially marginalized populations who have been and are excluded from having access and space to building wealth by creating this opportunity through digital-asset lending.

 

 

Founder and CEO, Jason Wu

 

On behalf of Jason Wu and all of us here at DeFiner, we would like to give a special thanks Kyyba Innovations and Techtown Detroit for sponsoring and hosting the Detroit Fintech Challenge.

Being within days from our hard launch, the timing of this could not have been better. As part of our reward, we will be sent to San Francisco to be mentored on further business and conceptual strategy as well as presenting our product to a group of Silicon Valley’s Venture Capitalists.. Please feel free to reach out to us at Support@DeFiner.org with any questions, or to simply congratulate us on our achievement. We would love to hear from you.

Tags: cryptocurrency, smart contracts, finance, defi, blockchain, crypto, Ethereum

DeFiner

Written by DeFiner

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