We’ve built a “credit vs cash” spot market for short-term loans. Bonded members, blockchain-based security and settlement. All of this is run from a SPV that’s a short-term (12hrs to 36hrs) line of credit for qualified borrowers, and a variable rate deposit account to qualified members with excess cash. A better sweep account.
The product has to be housed in a bank for obvious compliance/regulatory reasons, and it comes with a nifty cash management dashboard. (This way we do not have to hard sell middle market lenders to adopt a new liquidity source.)
We wrap the platform in our token, eRSDL, to limit participation to qualified entities, provide baseline liquidity to the platform, and assist in effecting zero-payment latency.