PDF Publication Title:
Text from PDF Page: 043
This is checked by calling getApproved on the smart contract address of the NFT. Another requirement is for the parameters to be non-empty, except for borrower , endLoanTimeStamp and status. Next, the ERC-721 token is transfered to the smart contract using safeTransferFrom as previously done. A new LoanRequest is created in storage and added to the mapping of all loan requests. The status is initialized with Status.PENDING . • acceptLoanRequest is called by a lender when he is interested in underwrit- ing a certain loan request. The requirements are the following: – loanID exists. – The status of the loan request is Status.PENDING . – The address of the lender is different from the address of the borrower. – The value of Wei sent to the function is equal to the total sum that needs to be lent to the borrower minus the first interest payment. This guarantees that the borrower has paid the first installment of the loan to the lender and has the rights to hold the principal amount for the first period of the loan. If all the conditions are met, the NFT is received by the loans smart contract and held as collateral. The Ether can be used, as described, by the borrower. The status of the loan is set to Active and indicates that the loan has started. The lender is set to the address of the message sender. The endLoanTimeStamp will be set to the current timestamp plus the specified time for a single period of the loan. • extendLoanRequest is called by the borrower when he wishes to extend the ending period of the loan. The requirements of the function are the following: – loanID exists. – The status of the loan request is Status.ACTIVE. – The address of the message caller is the borrower. – The maximumInterestPeriods is greater than zero. – The value of Wei sent to the contract is equal to the interestAmount . The interest amount will be sent to the lender because the borrower has decided that he needs the principal amount for another period of the loan. The maximum interest periods is decreased by one and the end loan timestamp is set to the previous value plus the specified time for a single period of the loan. 41PDF Image | NFT finance Leveraging Non-Fungible Tokens
PDF Search Title:
NFT finance Leveraging Non-Fungible TokensOriginal File Name Searched:
NFT-finance-Leveraging-Non-Fungible-Tokens.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |