Global Debt Registry Leverages Blockchain, Bringing New Levels of Investor Trust to Online Lending
Summary
About Global Debt Registry (“GDR”) GDR is a Private Equity backed FinTech company that provides asset certainty for institutional investors and warehouse lenders in the digital lending market.The Company is backed by a $5 Billion private equity firm and is led by a team of senior executives from Thomson Reuters, Credit Suisse, Bank of America and Barclays.New York, NY, June 29, 2017 --( PR.com )-- Global Debt Registry (GDR), the asset certainty company known for its loan validation expertise, today announced the completion of a secure permissioned blockchain proof of concept (“POC”).The firm’s inaugural blockchain POC lays the groundwork to provide investors and senior lenders in the online lending space with a safe and secure way to confirm loan ownership and collateral interests across companies within the ecosystem.By leveraging blockchain technology, GDR is providing investors in the online lending space with an immutable audit trail and a single, consistent source of core loan data.The Company is backed by a $5 Billion private equity firm and is led by a team of senior executives from Thomson Reuters, Credit Suisse, Bank of America and Barclays.