Depository Network (DEPO) has released proof-of-concept showing how the depository will work for lending institutions looking to enter the modern financial markets. Following a similar model as traditional depository services, DEPO has made it a priority to provide lenders the freedom to accept digital assets as loan collateral.
The prototype demonstrates how the platform will operate for lenders, clients, and arbiters in case of disputes. Read more here:
PR: Depository Network Releases First Prototype