Integrating DeFi Applications into FinTech: A Case Study of P2P Lending Platforms

DOI

10.2991/978-94-6463-940-7_30How to use a DOI?

Keywords

Security; Peer-to-Peer lending (P2P); Proof-of-Stake (PoS); FinTech; privacy; trust management; decentralization

Abstract

The peer-to-peer (P2P) lending model has emerged as a transformative alternative to traditional financial institutions, enabling direct interactions between lenders and borrowers. However, P2P lending platforms face significant challenges, including trust deficits, fraud, high administrative costs, and inefficiencies from manual oversight. Fintech advancements, particularly integrating blockchain technology and smart contracts, offer innovative solutions to these issues. Blockchain provides a decentralized and tamper-proof ledger, ensuring data integrity and transparency in P2P lending transactions. By leveraging smart contracts, loan agreements can be automated and enforced through predefined condi- tions, eliminating the need for intermediaries and reducing operational delays. Smart contracts enable secure fund disbursement, automated repayments, and fraud prevention while maintaining the transparency required to build trust between parties. This study explores implementing fintech technologies, blockchain, and smart contracts to enhance the efficiency, scalability, and security of P2P lending platforms. The proposed framework minimizes administrative overhead, mitigates trust is- sues, and fosters greater accessibility, particularly for underserved popu- lations. By addressing the inherent limitations of traditional P2P lending, this approach transforms the lending ecosystem and contributes to the broader adoption of decentralized finance (DeFi) solutions, promising a more inclusive and efficient financial future.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Phani Kumar Solleti
AU  - S. Krishna Sakalabattula
PY  - 2025
DA  - 2025/12/31
TI  - Integrating DeFi Applications into FinTech: A Case Study of P2P Lending Platforms
BT  - Proceedings of the Conference on Social and Sustainable Innovation in Technology & Engineering (SASI-ITE 2025)
PB  - Atlantis Press
SP  - 406
EP  - 420
SN  - 1951-6851
UR  - https://doi.org/10.2991/978-94-6463-940-7_30
DO  - 10.2991/978-94-6463-940-7_30
ID  - Solleti2025
ER  -