<style type="text/css"> * { tab-size: 4; } /* Resets & overrides */ .reveal dl { display: block; } .reveal pre { width: auto; box-shadow: none; } .reveal pre code { width: auto; max-height: initial; } .reveal blockquote { width: auto; } .reveal .slides .pdf-page { pointer-events: initial; } .reveal .slides { text-align: left; } /* Font style defs */ html, .reveal { font-family: "Open Sans", -apple-system, BlinkMacSystemFont, "Segoe UI", "Helvetica Neue", Helvetica, Roboto, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; } .reveal pre code { font-family: "PTM55F", "Monaco", monospace; } /* Font-sizes */ html { font-size: 32px; } .reveal { font-size: 1rem; } .reveal .slides section h1, .reveal .slides section h2, .reveal .slides section h3, .reveal .slides section h4, .reveal .slides section h5, .reveal .slides section h6{ font-size: 1.5em; } .reveal .slides section p{ font-size: 0.5em; margin-left: 40px; } .reveal .slides section.diagram ul { font-size: 0.7em; } .reveal .slides section.diagram img { max-width: 60% } </style> <!-- .slide: class="center" --> # [UNION] Partnership Intro :::info :bulb: UNION enables easy access to the global funding for local businesses thru the blockchain! ::: --- # What is UNION UNION is one of the earliest decentralized platforms that brings the credit system to the blockchain. UNION is founded in San Francisco in 2019, and is backed by well-known blockchain investors like Placeholder, 1Kx, CoinFund etc. Learn more: https://union.finance --- <!-- .slide: class="diagram" --> # Private Lender's Problems  * High Operational Risks, Highly Regulated Interest rate charged capped by regulations while facing potential high default rates. * High Cost, Limited Revenue Only access to the limited local borrowers; High client acquisition cost. * Limited Funding Sources Investors are mostly local entities; Funding is limited and expensive to get --- # UNION's Solution :::info :bulb: Transit the lending business to a title-escrow agent ::: * Lower Risks, Less Regulated UNION enables the separation between lending and escrow. Local agents escrow borrowers collateral and collect fees/commissions. Offloading the lending regulations to UNION. * Increased Profit By integrating with UNION, it doesn't only access to more clients, but also increases average revenue per client by adopting UNION's revolving credit model. * Access to Global Funding UNION brings cheap and diversified funding from around the world. --- <!-- .slide: class="diagram" --> # How It Works  * Title agent holds borrowers collateral, and collects fees based on their risk profiles * Title agent pledge the deposit to UNION, and gives borrowers credits based on their collateral values * Borrowers take out loans directly from UNION once receiving their credits * Borrowers repay loans and interests on UNION * Title agent returns borrowers collateral once they pay off the loans --- <!-- .slide: class="center" --> # UNION's Mission ::: info :bulb: Let's build a new world to allow anyone worldwide to easily and affordably to connect with the global financial realm together! ::: --- # FAQs * Does the title agent need initial capital? Yes. While the borrowers don't take money directly from the title agent anymore, title agent still needs to pledge a deposit to UNION to make sure the lenders that there are enough money to pay them back in the event of the borrowers default. * How much capital does the title agent needs? The amount is determined by the amount of credits a title agent wants to give out. If a title agent wants to give the borrowers 1 million credits, he needs to deposit at least 1 million in advance. Title agents funds already come from their existing investors, as they do now, but can also be sourced from UNION.