Dr. Minh Nguyen on Trava.finance's lending solutions

0:01i'm ashton addison from block west capital for investment pitch media and the Crypto Coin Show and today on blockchain interviews we have dr min win yun ceo and co-founder of travafinance min welcome to the show and thank you for taking the time yeah thank you for the time today i am very happy to talk with you about travel finance and firstly i would like to

0:27to introduce myself because my name is so you can call me by me and i am ceo and co-founder of travel finance and i graduate from the university of university in the computer science and in the domain of distributed system so as you know distributed system is everything in the computer

0:55environment now for example we have cloud computing and blockchain is also the distribution system so i come back to my country in 2030 and then i assembled some business and trade finance is one of the business i asked them this last year and i hope torado finance brings to the customer and user a good

1:23opportunity to investment and use the landing pool yeah definitely thank you for the intro min and yeah i actually did speak in vietnam but it was almost before defy had exploded and now you know across the world defy and lending protocols collateralization continues to increase and become more abundant especially for people

1:49in emerging countries to be able to get access to financial products and i know that travel finance is working on a bunch of great financial products but i would love to just kick off the conversation to start on a high level overview from you on what are the main solutions that travel finance is bringing into the space and who are those dedicated towards

2:11okay so let me tell you something about the travel finance so from our team we consider the travel finance the one first decentralized marketplace for crowdchain landing so why you know exiting solution in the landing pool they provide only a few landing leniplum with their our parameters such as the borrow

2:39supply interest rate liquidation phase home loans value and so on so travis no we offer a flexible mechanism in which users can create i mean they are landing food so you know you can imagine you are the capital venture so you can create a draw landing pool and you can use your

3:06the free capital to deposit into the landing pool and get google profit from the landing pool and yes we opened the future first for close partner in this year and in our plan the quarter number two of this year and now we have already deployed landing poon i mean the traditional landing pool on different

3:34chain to toward to the crosstalk landing in the in the end of this year and traveling at the time already successfully deployed in on finance machine on phantom and on ethereum network and you know travera also has the unisa employees credit score you can go to our site to explore the credit score for the wireless

4:04so you know we have to gather a lot of the data from different chain and based on the credit score function developed by java team we can calculate the credit score for each valley's unrest and based on the credit score you can use the landing pool with some advantage for example you if you have a high grade score you can learn a lot right more more as compared with other with lower

4:33credit score so if you know in the near future this month and next month we go forward to the v 2.0 you know by extending our ecosystem with a new bonding protocol we call the bonding protocol by shutdown and our user can buy bone by stablecoin and liquidity this is traditional bonding so

5:01in china we offer also some very good feature for our user is the installment binding buying bond for example you can buy the bond with the lower i mean the price and a little amount and we can make the payment gradually it's not at the

5:29time of buying so you can pay readily by the time for example after five days after 10 days or after of course you have to pay something more for interest rates but you can get the whole profit when the bond can be out be sticked automatically into auto compile sticking so please join in into our media to get update about the new token for the

5:58shutdown we call the token new token is a thought dod so we as our client we have a public offering in this month and at the beginning of next month and in the next month at the end of next month we release the thought on the china protocol remember china is the one and in this way travel token plays a role of the government token and chart

6:27and thought is the reserve currency for the shout out and the about depositing inside the travalin and can can be used by from the bond as we celebrate we get the stable coin and the staple coin can be put to the chavalenic tool and in this way we can install the stable for the landing liquidity for the

6:55traveling eco so this is some brief information about the travel and some definitely thank you for all that information min yeah i'm i have a few more questions about participating in the lending pool you mentioned their cross chain which i think is great and also the stable coins to have a stable lending i'm curious is

7:22the pool only stable coins or what are all of the different assets crypto assets that you can put in the pool and is there any minimums or can you put in a small amount no we offer a lot of different kinds i said now only travel any poon for example on a smart chain is a main trend of the travel product landing pool we at the time support more than

7:48more than 15 i think including stable coil and coin and also some some memory coil like dog rock coin and on the phantom we support seven asses of course including the ftm and on the ethereum we just open absolute open ethereum with the buy set but in the future we also have plan to it to

8:18support more than exam and as you know when we have a three landing pool deployed on different train and in the at the end of this year we plan to enable user to deposit effect on the trend and borrow the different assets on another chain is the core training feature of childhood finance and we also have

8:46the unicellular is nfc you know we provide the energy marketplace for the user and user can buy the nft and use our function this is the austrian function to discover the price and entity and in this way the energy can be put to the landing pool as a corridor asset and we hope we can provide the function i mean the nft corruption

9:16rise in this quarter it is quarter for the landing pool of that's great and with that lending pool does it make a difference for trava how much capital is in to the specific pool does that affect the interest rates or is that more based on the credit score that you were talking about yes it's quite score is very important you know factor the travel any pool at

9:45this time we provide a better version of the credit score you know the data is the all of the data on the different chain line transformation from the wallet and to the different wallet and all and i said inside one of these owners data is used are used to calculate grains called the one values we also can

10:13provide i mean the function is the concept the wallet identification so if you have a address on the minus matching and you have the one dress on the front door we can use a function based on to confirm two at least belong to you and we can commerce the data on also the credit score above quality to calculate

10:41the final risk for you and it is in this way in the future when we offer the question landing so you can utilize utilize the grade score in the learning pool of the travel frame you know a lot of the data we have together at the time it's about more than 20-year buying per day we have to you know get the data from

11:08from the different train from the binance merchant from italian from phantom and also on from from polygon we also opened the function for not evm format you know the polygon is a different kind it's a different type of technology as compared with ethereum evm and in the future maybe we can expand the credit score for

11:36for the other network and we have the partnership with one partner deploying the solution on the polygon and we also provide the price call for them yeah very cool and with those different products i was reading that you know there's six or so products and it's continuing to expand is that with the lending pool on different

12:04chains is that considered one product or are there other things on top of the lending pool and the credit that you might want to mention as well yes if i have to mention the sixth product of travel finance so i would like to mention let me put the first of course i mentioned about a lot in the blending pool and the second thing is sticking speaking program so user can

12:31select the different extent and receive a reward prime paid by by travel token and the next one is credit score because press score is the way to evaluate our user this is as compared with the traditional banking of finance in the reality right every bank or every finance organization they

13:00they offer the credit score to evaluate their users so in blockchain why not we do not have any credit score so we offer this off for our user and the next one is that i would like to mention about the character nft so you know we provide the energy sticking for our user and so we invest into the java nft speaking vowel is a story

13:30so we call everyone every user in our community is a canal he's a travel knight so we call trava nft by the name of the character nft and user can buy the chest or i mean the purchase the chest or the item energy on our marketplace and they can put the nft to the sticking board to get the traveler

14:00so in the future we offer the austin functions based on the energy marketplace and the entity can be put to the learning process corruption wise exactly and next one i would like to mention is the token hell so you know we get we get a lot of the data from different train and we can provide some analysis now and i like it for the token for example we

14:29we define the token into different level and we suggest the user which the token or accept is stable and you can you can invest through the token in the short term or long term based on the our data analysis and the last one is a crowd chain identification as i mentioned before so user can approach our ownership of

14:57multiple worlds unrest addresses on single automatic train and we can calculate the credit score for them based on the question identification and offer them some unique advantage when they use our landing pool love it man i think that's great and i believe that decentralized credit scores will allow more people that don't have access to

15:26traditional financial services to be able to get and you know start building their credit to be able to get larger loans and prove that they can pay back things on time without having to have id or without having to go through the banks so i think that's a really great addition to the platform yes and of course in the future we would like to bring the credit score for other

15:50projects and in our roadmap in this will in this year we offer the credits called as our service for every project can use the credit score to evaluate the user right and offer the advantage of benefit for the user so as you know in our travel now ultra down protocol is our product and we release in the next

16:17month we also based on credit score and provide the token reputation function so it means if you hold a lot of the token you have a high reputation in one project right and then you can you can get more benefit offer from the community or from the product and in china we also use the token reputation to calculate how

16:47many this car for the bond that you buy if you keep or if you hold the coin token for example in our travel ecosystem you hold more the travel token so you get more discount when you buy one tote this is a very unique very unique feature that shadow and java ecosystem offer to our user yeah that's great

17:16we don't have a lot of time left but for the viewers that want to start playing with the landing pools staking nfts so many products that are on travel just to test them out and to ask questions if they get stuck in the communities what's the best way for them to get started and to get help yes so a lot of a lot of products we offer to the user so

17:43user can get more benefit as compared with other solutions in the crypto environment you know this is a very important picture or very important idea we would like to bring to the user if user get better so java and java product also get better this is our idea and our the main stream

18:10we would like to decide to talk with our customer love it and where can people follow trava for the communities and for the application so they can also go to the travel finance website and go to the app and inside the app they can see every

18:36every product provided by the travel team for based on for example the landing pool track down is a bonding protocol with installment and reputation and also the nfd and also we have the media i mean community channel on the discord and telegram they can go to

19:02to see the channel on the link for the trainer of on the website travel to finance yes and user can go to there and join us after travaknai this is the symbolic of our customer canada yeah love it thank you min i will leave the trava.finance links and the social media links community links in the description box below for the viewers to get involved as

19:30well all the best i'm looking forward to these updates that you talked about for trava finance i will be following that and yes all the best with that and let's follow up in the near future yeah the follow-up the follow-up new feature we offer is as i mentioned on installment so as you know for example you buy bond with ten dollar so

19:58it's a direct pay by ten dollar and put the ten dollar to the to the auto compound stacking but if you have a small smaller amount for example least seven and one the two end point and 50 and you can buy

20:26later your bond is when you put to the auto compound stacking and you also get more profit from that this is a new feature of the phone in the next month we move on to the user amazing great well i am looking forward to that i will be watching for those updates i appreciate you taking the time to come on to the show to speak about where trava is at right now and looking

20:53forward to speaking again in the coming months when we have an update with the new products and more growth on the platform so thank you so much yeah thank you so much for the interview today and i would love to get more the customer the inter investor and also the love from character 9 in the future