Too Long; Didn't Read
COVID-19 pandemic has proven to be a humanitarian crisis and tragedy with dire economic consequences. Centralized economic processes have been heavily tested, and the cracks in these systems have become apparent. The widespread adoption of decentralized, peer to peer lending could largely help meet the overwhelming demand for capital, especially during times of crisis. The decentralization of the lending process will vastly increase the supply of the capital beyond just federal government funds by effectively crowdsourcing the capital instead of relying on this capital.