Shasanka Dash's Contact Details

Shasanka Dash's Company Details

Trustless Capital

, Maharashtra, India • 4 Employees
Information Technology & Services

Trustless Capital's mission is to facilitate seamless exchange of value around the world to increase the speed and efficiency of cross-border trade by providing a platform to power debt or loan marketplaces that match entities with surplus capital (lenders) to entities that require capital (borrowers or MSMEs).An essential part of Trustless Capital platform is interoperability and interaction with Ethereum Ecosystem and its Decentralised finance space. The way to achieve that is through the non-fungible token standards (NFTs).MSMEs can bring their illiquid assets or invoices into Trustless Capital's decentralised platform and unlock new financial opportunities. Once the invoices are tokenized, they are added to their respective pools. The issuer or MSME can use this pool to borrow money from DeFi protocols in other blockchains such as Ethereum, Solana, Polygon etc. On the other hand, these pools are also a means of investment. Investors can lend against tokenised and collateralised invoices and redeem after repayment to earn the interest.