Collateral-free trustworthiness-based personal lending on a decentralized application (DApp)

Wisnu Uriawan, Omar Hasan, Youakim Badr, Lionel Brunie

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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 collateral 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).

Original languageEnglish (US)
Title of host publicationProceedings of the 18th International Conference on Security and Cryptography, SECRYPT 2021
EditorsSabrina De Capitani di Vimercati, Pierangela Samarati
PublisherSciTePress
Pages839-844
Number of pages6
ISBN (Electronic)9789897585241
DOIs
StatePublished - 2021
Event18th International Conference on Security and Cryptography, SECRYPT 2021 - Virtual, Online
Duration: Jul 6 2021Jul 8 2021

Publication series

NameProceedings of the 18th International Conference on Security and Cryptography, SECRYPT 2021

Conference

Conference18th International Conference on Security and Cryptography, SECRYPT 2021
CityVirtual, Online
Period7/6/217/8/21

All Science Journal Classification (ASJC) codes

  • Computer Networks and Communications
  • Information Systems
  • Communication

Fingerprint

Dive into the research topics of 'Collateral-free trustworthiness-based personal lending on a decentralized application (DApp)'. Together they form a unique fingerprint.

Cite this