
Episode 003 - Actually Existing DeFi Banking Solutions for the Unbanked, with Jordi Riulas of EthicHub
The Ownership Economy
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Investing in a Smart Contract on the Ethics Platform?
We have two problems that we want to solve. We start just using blunk can with any other twono, a pase was ok, which is the problem. Once the ethics is a government stock, once the ethics has value market, we use it to collateralize the loans of the farmers. So when you are investing in your stable coin at eight %, i to the farmers, you have ta risk of the fall. And the first investors, they tey took the risk. But when we put the ethics in the inthe smart contract, in the equation it,we use it to cover the risk of the loan. If en loan is not returned at proper time, we
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