TechTokenization’s potential to cut intermediaries out of lending
CoinDesk quotes Kevin Miao saying the lending system takes 10% to 16% of a loan’s value through intermediaries.
TLDR
CoinDesk reports that Kevin Miao argued tokenization could remove lending intermediaries and return more value directly to borrowers. He said the system takes 10% to 16% of a loan’s value through those intermediaries and argued that removing them could give that value back to people.
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Tokenization’s potential to cut intermediaries out of lending
CoinDesk quotes Kevin Miao saying the lending system takes 10% to 16% of a loan’s value through intermediaries.
TLDR
CoinDesk reports that Kevin Miao argued tokenization could remove lending intermediaries and return more value directly to borrowers. He said the system takes 10% to 16% of a loan’s value through those intermediaries and argued that removing them could give that value back to people.