How are you all? Today I will discuss with you about How to Develop a P2P Lending Blockchain Platform .I will try to present my experience.  I am young and have very little experience so please excuse any mistakes.
A peer-to-peer (P2P) lending is a common practice of obtaining financing directly from individuals through digital services. The platform connects lenders with borrowers through an application interface and allows many benefits to both parties to the agreement.
With blockchain technology, peer-to-peer lending can be implemented using blockchain, which adds a high level of transparency and security to the lending process.

[Source](https://pixabay.com/photos/money-finance-mortgage-loan-2696229/)


First, it offers better interest rates for lenders and more flexible time frames with lower return rates for borrowers. However, despite the numerous advantages and benefits that the system offers, p2p loans are often called unsecured loans due to lack of collateral, adequate level of transparency and tracking.
Immutability
Blockchain technology ensures versatility and immutability of data. The main advantage of this feature is that once the information is supplied to the system it cannot be changed or deleted. This can significantly increase the level of security for users of peer-to-peer transactions.
transparency
Distributed ledger technology used in the sense of data storage is able to create transparency and decentralization in a trustless environment. Thus, adding blockchain technology to your current p2p lending service can lead to easier data tracking and the highest level of transparency.

[Source](https://pixabay.com/photos/online-connection-laptop-plant-4208112/)


Choose the best blockchain
It would probably be very difficult to define just one or two of the best blockchain platforms. Mainly because each project has unique requirements and toolset available so each case should have detailed research to select the best solution.
How to build a DeFi lending protocol
Entering a decentralized financial market becomes challenging due to increasingly successful and viable projects. In this part, we want to tell you how to start building a custom crypto lending platform.
The ability to have a protocol token allows its users to gain additional benefits from liquidity mining.
The Blaze team of DeFi developers have developed and deployed a significant number of smart contracts. This is why we know the hurdles inexperienced programmers can face and strongly recommend choosing a solid blockchain contractor to build your crypto transaction platform.Today's discussion ends here.  I hope you find it interesting and able to understand.  Share your thoughts on today's topic.  Wishes and blessings to all.  Everyone stay well stay healthy stay with Steemit