The Partner Platform vs AppliedLMS For Achilles

The Partner Platform is a networked fund-sharing platform in which familiar groups contribute to a closed lending group and take turns withdrawing the sum of the pool value on a cyclical basis. Globally, many people in family/friend groups participate in interest-free closed lending groups managed by a trusted member who is known as the ‘banker’, and funds are distributed to members on a schedule, granted, each member has given their contributing portion each month. The Partner Platform enables members to create and participate in blockchain-powered closed lending-groups with utilizable functionalities, such as established official record-keeping, automated scheduling and fund distribution, in-built communication channels, streamlined loading and unloading of funds using debit cards and bank accounts, plus more.

Applied-AI is the software company behind the loan management platform Applied-LMS. The app allows users to view their current loans and balances. The app doesn't provide loans, nor can it send or receive money. It facilitates the connection between Applied-LMS and the end user via mobile instead of desktop. The customer can send an application for a loan through the mobile app but will not receive any money through it. The desktop application communicates with the customer.