Blockchain Based Loan Syndication Process | HCL Whitepaper

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Loan syndication is a godsend for borrowers who require large sums of money that are beyond the capabilities of a single lender. However, with stringent regulations, high operating expenses, long settlement cycles, and a lack of visibility and transparency, loan syndication is quite complex and inefficient at present. Blockchain can bring about shorter settlement times, increased transparency, and data immutability through distributed ledgers and cryptographic security. Read our white paper to know how blockchain is the road ahead for loan syndication.