Digital gold and silver may be up for P2P lending soon

Singapore

PEER-TO-PEER (P2P) lending in Singapore could soon be extended to cryptocurrencies, if a unique partnership between vault operator Silver Bullion and a gold-backed digital currency seller is inked.

This brings a new dimension to an emerging form of crowdfunding - as rights to physical assets are used as a means to get loans - which could pique interest among those who fear a collapse in the financial system.