Xend Finance is a blockchain-based platform inspired by traditional credit unions. It aims to provide opportunities for those interested in borrowing investing saving or lending digital assets.Traditional credit unions tend to lack liquidity due to the smaller number of users further exacerbated by geographical restrictions. Decentralized finance (DeFi) protocols eliminate these geographical barriers bringing a new dimension to borrowing saving and loaning. Xend was originally built on the Ethereum (ETH) blockchain. Later the Xend Finance team opted to move the system to the Binance Smart Chain (BSC) preparing the platform for scalability high speed and a high level of security. Xend is backed by Google and Binance.