Depository Network

DEPOSITORY NETWORK

The World’s First Decentralized Multi-Platform Collateral

 Infrastructure

---

Website ~ Whitepaper ~ Bitcointalk ~ Facebook ~ Twitter ~ Telegram

---

DEPO is the first multi-platform network enabling all credit institutions worldwide to accept crypto as collateral for loans. Depository Network is a B2B project combining traditional finance and blockchain technology.

By building and spreading DEPO network globally, our aim is to reach a tipping point for mass adoption of using crypto assets in traditional lending. Spreading depository platforms among lenders will increase DEPO tokens demand.

DEPO tokens will be used from lenders to pay one off setup fee and annual fee for using white label depository platform and borrowers to pay fee for storing collateral.

Depository Network will provide secure decentralized crypto asset collateral system on which can be build hundreds of collateral depository platforms. This way, every owner of digital assets, holding coins or tokens supported by Depository Network, can pledge his assets as a collateral and receive a loan from a number of lending institutions.

DEPO Oracle responds to queries by executing smart contract code — the business logic that runs on the DEPO smart contracts is the following :

• Updates are replicated across participants
• Authorized participants access data
• Existence and validity of the record cannot be denied
• All records are encrypted
• Only those authorized with corresponding keys can view the data
• Automate multi-party business processes.
• Reduce cost and risk of using intermediaries
• Reduce cost of fraud and regulatory compliance
• Increase auditability and trust

Depository Network will offer the digital world a completely new and contemporary approach to unlocking the value of digital assets - digital non-possessory pledge (a digital “Pignus Obligatum” as referred to in Latin).

There will be two types of collateral smart contracts :

DEPO Smart Contract	with no middleman. It will be fully integrated with the lender’s API and and will be triggered by an event such as a payment, missed payment, contract termination, etc.
DEPO Escrow Contract	Locked with minimum three signatures - one for borrower , one for lender, one for DEPO. DEPO collateral contracts will be used for digital asstets (coins and tokens) without smart contract support.

Depository Network is a safe, decentralized solution for accepting digital assets as collateral. It is a platform enabling lenders (P2P lenders, banks, other credit institutions) to accept digital assets as collateral.

Depository network will create an entirely new infrastructure, on which hundreds of platforms (corporate, banking, regional, company, family, government and global) will be built, which will respond to the new challenges of the blockchain revolution.

Benefits

Collateral smart contracts	Multi-signature collateral contracts
Fully integratable with any lender website	The borrower retains ownership of his digital assets, thereby benefiting from any potential future increase in value
Time and tax savings	Independent service provider
Flexibility - infinite customization options	Quick to set up

---

ICO

Initial Coin Offering

---

General Info

Token Price	0.02 USD
Presale	0.005 USD (75% off)
ICO first stage	0.01 USD (50% off)
ICO second stage	0.015 USD (25 % off)
ICO third stage	0.02 USD
Accepted crypto	BTC, LTC, BCH, ETH
Restricted countries	USA, Canada, China

Soft cap	Mid cap	Hard cap
2.6 Million USD	6.8 Million USD	15 Million USD

BUY TOKEN

---

ROADMAP

---

2017	Concept Definition

2018 Q1-Q2

Team Formation, Preparations

2018 June

First Prototype DEPO

2018 Q3/Q4

Private and Public Pre-sale, ICO

2018 Q3

Alpha Release DEPO

2018 Q4

Beta Release DEPO

2019 Q1

Official Launch of DEPO

2019 Q4

Users: 10 P2P lending platforms and 50 non-bank lending institutions

2022	Users: 50 P2P lending platfirms, 100 banks and 500 non-bank lending platforms

2025	Users: 800 banks and 1500 non-bank lending institutions

---

TEAM

---

Svetoslav Dimitrov CEO & Co-Founder	Dimitar Kostov Technology Board Member and Investor	Martin Kuvandjiev  Technology Board Member	Deliyan Nikolov Co-Founder & Chief Strategy Officer
Valeri Valtchev Co-Founder & Business Development	Guergana Stoichkova COO	George Spassov Blockchain Architect	Petar Markov Co-Founder, Marketing
	Nick Todorov Blockchain Architect	HK Seol Community Manager / Security Advisor

---

ADVISOR

---

Ivo Gueorguiev Banca Transilvania - Member of the Board of Directors Depository Network - Co-Fonder Paynetics - Chairman	Jos Uitdehaag International Monetary Fund - Advisor Legal Reform World Bank Group - Team Leader and Key Expert European Commission - Legal and Institutional Building	Waqas Khan J.P. Morgan - Advisor Legal Reform Blockchain Development Application Development	Filip Lyapov KPMG - Audit Manager Ernst & Young (EY) - Senior Auditor Manager Cryptocurrency Tax Adviser
Kapil Sharma Business Development & Strategy	Jason Hung IDACB Advisor / ICOBench Top 6 / ICO Max Advisor	Hans Choi Blockchain Developer & Architect System Analysis	Giovanni Casagrande ICO Bench Advisor
	Dimitar Ivanov, PhD (Law) Legal Advisor	Konstantin Djelebov Technology Board Advisor

---

More Information 

Website	:	https://depository.network/
Whitepaper	:	https://depository.network/doc/whitepaper.pdf
Facebook	:	https://www.facebook.com/depository.network/
Twitter	:	https://twitter.com/deponetwork
Bitcointalk	:	https://en.bitcoinwiki.org/index.php?title=Depository_network
Linkedin	:	https://www.linkedin.com/company/depositorynetwork/
Youtube	:	https://www.youtube.com/channel/UCi7oC83SlkcDXQa5eA0Bkxg
Telegram	:	https://t.me/depositorynetwork

---

Author 

BitcoinTalk Username	:	adterna
BitcoinTalk Profile	:	https://bitcointalk.org/index.php?action=profile;u=1200759;sa=summary
Email	:	srialyamaulana@gmail.com
Bountyhive Username	:	adterna
Eth Address	:	0x522A57A9267b6A54ddE2f9a89863304CD0391827

---

Share: