SYSTEM AND METHOD TO IMPLEMENT ENDPOINT COLLATERALIZED FINANCIAL INSTRUMENT

摘要

Aspects direct to systems and methods for implementing an endpoint collateralized financial instrument. A borrower may use an endpoint device to send a request to a server for a loan or credit product. Upon receiving the request, the server determines whether the endpoint device is subject to an approval for the endpoint collateralized financial instrument. When the endpoint device is approved, the server further determines an amount of money, and issues a notification to the endpoint device via the network to indicate the approval and the amount of money. Thus, the borrower may choose to borrow the amount of money for the loan using the endpoint device as the collateral, and the server sends the amount of money as a loan to the borrower. The borrower retains a right to use the endpoint device under a condition. The server may disable the endpoint device when the borrower violates the condition.