KNL Platform Loan with a Bond Issuance System – Iman muda
At present the bank is not the only financial institution that can provide a loan program. However, KNL as a Blockchain technology platform can also provide loan programs but has a different system. If a bank applies an interest system to its loan program, then this is very different from the KNL which does not apply an interest system at all. KNL only accepts guarantees of future yields and only provides loans in amounts in accordance with the yields.
We can equate the agriculture and plantation industries with the fashion industry whose innovation will never die. Because the need for clothing, shelter, and food are three basic needs that must be fulfilled by humans to maintain their survival. The agricultural or plantation industry not only has a strong link with food needs, but also has a strong link with the needs of clothing and shelter. If we analyze the current textile industry to use a maximum of yarns derived from plants, and the world of construction or real estate also requires wood to support each of the foundations of the building. Therefore we can say that the agricultural industry has a wide range of uses, as well as the use of Blockchain technology.
When we see the fact that the agricultural industry is included in the sector category which is very reliable to meet the needs of human life in this world. But try to imagine if these needs cannot be fulfilled immediately, just because the farmer or farmer does not have enough capital to manage his agricultural assets. The only thing that is usually done is to apply for a number of loans to the nearest bank. However, not all banks accept these submissions. This condition is caused because the farmer does not have valuables that can be used as collateral. Therefore it is not a wrong choice if, the farmers make a loan proposal to the KNL.
The mechanism or business model owned by the KNL is indeed slightly different. Now let’s look at a loan scheme proposed by a real estate or property developer. After the submission is received by the KNL, a number of expert teams will carry out an accurate calculation of the sale value of the real estate when it has become a real physical building. If all calculation processes have been carried out, the developer will get a loan with the amount agreed upon. Real estate collateral will later be priced in KNL tokens and traded for investors. Investors can invest these KNL tokens in the stock market, both before or after the real estate becomes physical.
Basically the loan program is a program that can accelerate economic growth and development. Because at this time a lot of people who have ideas and innovation but do not have enough capital. Therefore the loan program system offered by the KNL indirectly has raised the confidence of entrepreneurs, both agriculture and plantations.
This loan program also has a number of strong legal evidence, for example such as letters of agreement that show the calculation of the commission to be obtained by the KNL. From this we can analyze that KNL not only acts as an institution that provides loans, but simultaneously acts as an agent who sells agricultural products and real estate that will be built. Therefore farmers and developers have used two KNL services just by following one program.
At present it is not only the problem of farming suitable that haunts farmers, but farmers also often face the problem of distributing and selling crops. Where a lot of elements — irresponsible people who offer very cheap prices to farmers. Therefore, with the role of the KNL, farmers will indirectly get an appropriate selling price.
We can call a number of KNL tokens by investors as bonds or debt statement, which later will be replaced by real assets that have already been made. This is done to reduce the time — unproductive time while waiting for the process of building assets with a fairly long period of time depending on the size and complexity of the asset.
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