NEL

New Economy Ledger is a community-based ecosystem of investors supporting microfinance institutions through blockchain technology.

Whitepaper

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What is NEL

NEL, which stands for New Economy Ledger, will be a microfinance lending platform aimed at developing countries, based on the NEM blockchain technology. Investors can lend risk-free to microfinance organizations with high returns. They have access to dynamic data about institutions, their projects and their performance. Interest are paid daily in NEL. Microfinance institutions can participate to NEL ecosystem. Once fully integrated within NEL, MFI can obtain financing through the platform and get loans at fair conditions. NEL mobile wallet is an easy way to start using NEL. The wallet supports both NEL and XEM, allowing users to switch between the two different currencies effortlessly.