The Future Of Credit: Blockchain And Reputation-Based Scores

The Future Of Credit: Blockchain And Reputation-Based Scores

The post The Future Of Credit: Blockchain And Reputation-Based Scores appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the wealth gap is growing, individuals denied conventional credit are in a constant struggle. Moreover, conventional institutions are reluctant to provide loans to users without borrowing history. If they do give approval, it usually comes with exorbitant interest rates. Cryptocurrency loans offer a more holistic approach to credit than personal FICO scores. How Personal …