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Lendingblock Project Overview

Lendingblock is an exchange for borrowing and lending cryptocurrencies and digital assets. It allows borrowers and lenders to enter into cross-chain fully collateralized crypto vs crypto lending agreements.
The cryptocurrencies that will initially be supported by LendingBlock are bitcoin, ether, ripple, bitcoin cash, and litecoin. Users can borrow any of these 5 currencies and use any other 4 currencies as collateral.
The collateral value will be monitored by the platform and there will be margin call if the collateral value falls to near the loan value to ensure there is an appropriate level of collateralization.
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