Lodex appointed Lakeba to build BLOCKLOAN

Lodex, Australia’s first auction-style loans and deposits marketplace, has partnered with leading blockchain developer Lakeba Group, to develop a blockchain platform, BLOCKLOAN, that will see the firm catapult to attract lenders on a global scale.

'Lodex was created to simplify and empower people, through access to unique data and technology. With over 43,000 members and over $400 million in loans auctioned within an eight-month period, we have flipped the financial industry on its head,' said Michael Phillipou, BLOCKLOAN Co-Founder and Co-CEO.

Lakeba is recognised for being one of the first software innovation companies in Australia to have live commercial blockchain solutions across multiple sectors. The Lakeba Future Hub, which has secured the contract with BLOCKLOAN, is a consortium formed and led by Lakeba, including leading technology, law, taxation and educational firms, with a focus on accelerating blockchain adoption and development by Australian businesses to create best of breed, future-proofed solutions.

Lakeba Future Hub Launch in Melbourne

On August 29, Lakeba launched the Lakeba Future Hub in Melbourne at the Events Centre in Collins Square. After the positive market response and success at the Sydney Future Hub launch, the Melbourne event, held in partnership with Grant Thornton, attracted an important audience, validating once more the strong interest businesses have in embracing emerging technologies such as blockchain. Michael Bacina from Piper Alderman, Rita Arrigo from Microsoft and Aryk Bechler from Grant Thornton contributed as speakers at the event.