Collateral-Free Trustworthiness-based Personal Lending on a Decentralized Application (DApp)

Wisnu Uriawan, Omar Hasan, Youakim Badr, Lionel Brunie

2021

Abstract

Most loans given by banks are secured loans and require the borrower to provide collateral as a guarantee for returning the loan principal and interest. With a secured loan, the lender can take over an asset provided as col-lateral if the customer cannot make the loan payments. In this paper, we propose a peer-to-peer personal lending platform that minimizes the requirement of collateral. The trustworthiness of borrowers is considered as an indicator of whether the borrowers will pay the installments on time. Borrowers’ reliability is viewed as a function of their reputation and relationships. The lending platform is designed as a Blockchain Decentralized Application (DApp).

Paper Citation

in Harvard Style

Uriawan W., Hasan O., Badr Y. and Brunie L. (2021). Collateral-Free Trustworthiness-based Personal Lending on a Decentralized Application (DApp). In Proceedings of the 18th International Conference on Security and Cryptography - Volume 1: SECRYPT, ISBN 978-989-758-524-1, pages 839-844. DOI: 10.5220/0010605108390844

in Bibtex Style

@conference{secrypt21,
author={Wisnu Uriawan and Omar Hasan and Youakim Badr and Lionel Brunie},
title={Collateral-Free Trustworthiness-based Personal Lending on a Decentralized Application (DApp)},
booktitle={Proceedings of the 18th International Conference on Security and Cryptography - Volume 1: SECRYPT,},
year={2021},
pages={839-844},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010605108390844},
isbn={978-989-758-524-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 18th International Conference on Security and Cryptography - Volume 1: SECRYPT,
TI - Collateral-Free Trustworthiness-based Personal Lending on a Decentralized Application (DApp)
SN - 978-989-758-524-1
AU - Uriawan W.
AU - Hasan O.
AU - Badr Y.
AU - Brunie L.
PY - 2021
SP - 839
EP - 844
DO - 10.5220/0010605108390844