SmartCredit.io is a Swiss-based project launched by veterans in the cryptocurrency, finance, technology and artificial intelligence fields.
Economic transactions are running for last 5’000 years on credit-money, but crypto technology is missing the credit money concepts. Bitcoin Whitepaper defined the base-money for the Internet. SmartCredit.io will define the elastic-credit-money for the Internet.
Users can borrow/lend ether to each other on the P2P marketplace. Loans are tokenized and protected through collateral and insurance mechanisms. As loan tokens are value protected, they replicate today’s commercial banking credit money, but in the crypto sphere.
cryptocurrency, finance, technology, AI
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