Blockchain Lender INLOCK Adds Mate Tokay To Advisory Board

Job Appointments | August 23, 2018 By:

INLOCK, a platform where licensed lenders can compete for borrowers who want to use their cryptocurrency as collateral for loans, has added Mate Tokay, COO of Bitcoin.com, to its advisory board.

INLOCK is a blockchain and smart-contract based platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan in fiat and using their existing cryptocurrencies as collateral. The company was founded in 2018 by a team of fintech experts in Hungary with the goal of building up solutions for various use cases between the traditional and crypto-asset based financial world.

“Success in the crypto space is fueled by who you are, and whether you can execute. I’m confident that INLOCK’s incredible team and transparent approach will enhance how people secure loans in fiat using cryptocurrencies as collateral,” said Tokay. “Csaba has a proven track record, and I’m excited to have the opportunity to support his team as they change the way we use crypto.”

Tokay will advise on the rollout of the platform – including development of the ILK token, user acquisition and foundational practices and processes. He started his career in the industry with a foray in digital currency mining, utilizing his own custom-built ASIC miners. He has since gone on to become COO of Bitcoin.com, a Bitcoin news and review website, all in an effort to popularize digital currencies and bring legitimacy and transparency to the industry.

“Mate has been a driver and influencer in the curation of information and news about digital currencies; he is a force to be reckoned within the crypto world,” said Csaba Csabai, Founder and CEO of INLOCK. “We are both advocates for the global adoption of crypto and have aligned on a common mission – to create a solution to its biggest issue: spendabili

INLOCK is a blockchain and smart-contract based platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan in fiat and using their existing cryptocurrencies as collateral. The company was founded in 2018 by a team of fintech experts in Hungary with the goal of building up solutions for various use cases between the traditional and crypto-asset based financial world. For more information, please visit www.inlock.io.