# New Blog post: Streamline Lending and Credit Management using Smart Contracts

**URL:** <https://forum.canton.network/t/new-blog-post-streamline-lending-and-credit-management-using-smart-contracts/886>\
**Category:** Announcements\
**Tags:** usecase\
**Created:** [July 21, 2020, 1:53pm UTC](https://forum.canton.network/t/new-blog-post-streamline-lending-and-credit-management-using-smart-contracts/886 "2020-07-21T13:53:39Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![andreolf](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.canton.network/andreolf/32/491_2.png) [@andreolf](https://forum.canton.network/u/andreolf)\
**Post date:** [July 21, 2020, 1:53pm UTC](https://forum.canton.network/t/new-blog-post-streamline-lending-and-credit-management-using-smart-contracts/886/1 "2020-07-21T13:53:39Z")

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Hi Damlers,

[Here](https://daml.com/daml-driven/how-to-streamline-lending-and-credit-management-using-smart-contracts/) is a great guest post from @upanshu21 ✍ about " How to Streamline Lending and Credit Management using Smart Contracts"

Lending processes that integrate smart contracts technology can realize tremendous operational and business benefits such as  
✅ straight-through processing  
✅ easier regulatory reporting  
✅ simplified credit data management  
✅ removal of duplicate processes  
✅ excellent user experience

> **[How to Streamline Lending and Credit Management using Smart Contracts](https://daml.com/uncategorized/how-to-streamline-lending-and-credit-management-using-smart-contracts/)**
>
> DAML allows for interoperability between systems. Such a decentralized credit application can execute transactions atomically with DAML models deployed by any of these non-participating entities.

This is a simplified representation of origination workflow

 ![Simplified representation of origination workflow](https://canada1.discourse-cdn.com/flex028/uploads/daml/original/1X/f8c3ef9eb3c0dfb9235c542c9a79d1483e58c675.jpeg)

You can check their [reference application DeCredit on the DAML marketplace](https://daml.com/marketplace/decredit-decentralized-lending/)

Any questions on this topic for @upanshu21?

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**Author:** ![ManishGrover](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.canton.network/manishgrover/32/63_2.png) [@ManishGrover](https://forum.canton.network/u/ManishGrover)\
**Post date:** [July 21, 2020, 2:23pm UTC](https://forum.canton.network/t/new-blog-post-streamline-lending-and-credit-management-using-smart-contracts/886/2 "2020-07-21T14:23:36Z")

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Very good explanation of how to move from solving internal challenges before going fully decentralized. Love that DAML enables it. Thank you @upanshu21