RESTON, Va. (PRWEB) December 13, 2017
This partnership will allow Loci’s native token, LOCIcoin, to be used as collateral for syndicated lending on the SALT platform. SALT offers a unique service to holders of popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin and soon, LOCIcoin. SALT allows members to use their crypto-assets as collateral to receive fiat funds.
Company CEOs John Wise and Shaw Owen have worked together closely in the past, and share a similar vision for the future of cryptocurrency. They also share excitement for the upcoming opportunity to partner.
Wise states, “Loci is thrilled to partner with SALT, who will provide the much needed lending against crypto assets. Additionally, Loci looks forward to LOCIcoin holders being able to borrow funds without losing their crypto-assets.”
Similar expressions are made from Owen, “SALT is excited for the opportunity to lend against an intellectual property based currency.”
Loci looks to be fully integrated into the SALT platform by the end of 2018.
For media inquiries, please contact Jesse Lucas at Melrose PR Jesse(at)melrosepr(dot)com or call (310) 260-7901.
Loci, a platform for IP discovery, creation, and exchange, is built on patented technology nearly a decade in the making. The company uses a combination of intuitive user interfaces, machine learning, and blockchain technology to optimize this process. Loci will be one of the first to hold a token sale with an already established product, InnVenn, and has its own expansive IP portfolio. Their company profile video can be viewed here on YouTube. For more information, please refer to the whitepaper.
SALT is a membership-based lending and borrowing network that allows users to leverage their blockchain assets to secure cash loans. They offer fast and easy sign up, with no credit check. The company’s Secured Automated Lending Technology is a protocol and asset agnostic architecture designed to adapt to the constantly growing class of blockchain assets. For more information on SALT, visit SaltLending.com.