2023-4-20 15:00 |
TransUnion, one of the largest credit agencies in the U.S., will provide off-chain credit scores for blockchain-based loan applications in a way that maintains the privacy of consumers.
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TransUnion, one of the largest credit agencies in the U.S., will provide off-chain credit scores for blockchain-based loan applications in a way that maintains the privacy of consumers.
2023-4-21 15:00 | |
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Decentralized credit scores: Determining a user’s credit score in the decentralized web isn’t always an easy thing to do. That's because privacy is embedded as a key tenet of the crypto industry.
2022-11-16 18:30 | |
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Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO.
2022-7-15 09:03 | |
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Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating.
2022-4-25 00:00 | |
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A credit score is a statistical value or number that helps the lending parties evaluate their customer’s creditworthiness based on their previous credit history and repayment. Zoracles developed an on-chain solution called Zora Score to calculate an Ethereum wallet’s creditworthiness based on factors including the age of wallet, DeFi activity and loan repayment. Credit scores […]
2021-9-16 20:32 | |
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The recent surge in house prices is being fueled in large part by those with high credit scores higher than 760.
2021-9-18 13:00 | |
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Credit scores help build trust and determine eligibility for global lending markets. For DeFi to go mainstream, a similar system must be put in place to increase trust in DeFi lending. The post DeFi Needs Reliable Credit Scoring System, but We Must Be Cautious appeared first on BeInCrypto.
2021-4-12 16:00 | |
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Traditional finance is built not on collateral but on reputation, and DeFi will grow by following suit.
2021-4-11 10:17 | |
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Lending startup Teller has raised $1 million in a seed funding round led by Framework Ventures to create a credit score protocol for DeFi.
2020-7-17 06:51 | |
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Teller, a blockchain project for decentralized lending incubated by A16Z’s crypto startup school, today announced a $1 million seed raise led by Framework Ventures, followed by Parafi Capital and Maven11 Capital, to build the first-ever algorithmic credit risk protocol for decentralized finance (DeFi).
2020-7-17 18:08 | |
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US-based bank, Capital One, revealed last night a data breach that exposed data of exposed the data of 106 million credit card applicants including names, phone numbers, addresses, and dates of birth.
2019-7-30 08:05 | |
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Credit union consortium CULedger will use IBM's Hyperledger Fabric, in addition to several other blockchains it's been working with.
2019-3-12 23:45 | |
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In order to empower the unbanked, Telangana, India, has collaborated with Cognito Technologies, a UK-based startup, to offer credit ratings to the population. Speaking about the initiative, the co-founder of Cognito technologies, Murali Muhan Duvvuru said that: “In phase-1, the entire process of loan disbursement and repayments will be recorded on Blockchain ledgers using smart […]
2019-1-14 08:30 | |
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Since 1989, people and businesses in the United States have relied on the FICO credit score as an indication of trustworthiness for any given person. Reported by each of three major credit bureaus, a person’s score can be calculated based on their payment history, their current debt burden, the length of their credit history, the types of credit used, and a handful of other factors.
2018-12-22 22:01 | |
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The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. On Wednesday, July 18, The Wall Street Journal announced that the U.
2018-7-20 19:32 | |
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The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. The post CFPB Launches Fintech Regulatory Sandbox To Foster Blockchain Innovation appeared first on CoinSpeaker.
2018-7-20 15:56 | |
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Points will offer a blockchain-based data collaboration solution aimed to minimize risks to banks and other credit institutions in providing loans to the unbanked.
2018-7-20 15:24 | |
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LetsBet is a blockchain based, decentralized P2P betting exchange. It is a automated match-making platform, where people could challenge each other, for example to bet on the results of games, to predict the correct scores or prices of stocks, currencies, etc.
2018-7-6 21:26 | |
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The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect
2018-6-14 13:54 | |
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Several officers from the Indian Crime Branch, including an Inspector General of Police (IGP), are being probed by a Special Investigation Team (SIT) in connection with a Bitcoin scam. The SIT has issued a notice to Inspector General of Police…
Robinhoods European crypto branch launched Solana staking, offering roughly 5% APY at launch, slightly below Coinbase. The post Robinhood Crypto launches Solana staking with 5% APY for EU users appeared first on Crypto Briefing.
Lido co-founders and Paradigm secretly fund Symbiotic, a new competitor to EigenLayer in the DeFi restaking space. The post Lido co-founders back EigenLayer rival Symbiotic — report appeared first on Crypto Briefing.
The Alex bridge on BNB network was drained of $4.3M after a series of suspicious contract upgrades, reports CertiK. The post Bitcoin L2 protocol bridge Alex suffers $4.3M in losses after suspicious upgrades appeared first on Crypto Briefing.
Deutsche Bank joins Singapore's Project Guardian to advance asset tokenization, collaborating with Memento Blockchain and Interop Labs to drive innovation in DeFi. The post Deutsche Bank joins Singapore’s Project Guardian to advance asset tokenization appeared first on Crypto Briefing.
As the US Securities and Exchange Commission (SEC) amplifies its grip on the cryptocurrency sector, the atmosphere within the industry is charged with concern and a pressing call for clarity in regulations.
Cryptocurrency exchange Coinbase said in an X post it has restored some of its services following an outage that disrupted trading on its website and mobile app. In an X post on May 14, the US-based crypto exchange Coinbase said…