The creation of SPLASH COIN is to address the challenges of fund cooperation among small community lending entities in Indonesia. There is no integrated fund Ledger between these entities, enabling them to see which entities still have loan funds. In this case, entities with more loan applications but limited loan funds contact other entities to borrow loan funds. On the other hand, entities with more managed lending funds than borrowers can improve their investment return performance. More importantly, it is necessary to comply with the legislation on the cycle of small community loan funds. SPLASH COIN is using blockchain technology to maintain ledger openness, security, trust, and accessibility among members. Similarly, transactions can be efficiently executed. In addition, LASH is also the first technology that enables the network of lending entities to use parked lending funds to invest in Cryptocurrency custody funds.
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