- WHAT IS LIBRA CREDIT ?
- A decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain.
- About Libra Credit
- Extensive Partnership Networks :
- Collaborating with partners in both crypto and financial markets
- Synergistic partnerships with crypto exchanges, stablecoin providers (e.g. Maker DAO), third-party identity verification data providers (e.g. uPort) and licensed financial institutions (e.g. banks, asset managers)
- Reinforcing Libra Credit while delivering value for our partners
- Flexibility for Participants :
- Crypto-to-fiat loan allowing collateralization of cryptocurrencies to spend fiat without sacrificing their current crypto position
- Crypto-to-stablecoin loans enabling borrowers to hedge price volatilities without exiting the market
- Crypto-to-crypto lending allowing borrowers to pledge other alternate tokens for more mainstream crypto currencies (i.e. BTC / ETH) with better liquidity
- Proprietary AI-based Credit Assessment Framework :
- In-house risk management technology which has been deployed in China and the ASEAN market successfully
- Pioneer in digital credit service who leverages a dual-credit assessment framework
- Considering both the viability of the pledged collateral and the credit scoring of the individual borrower
- Team Information
- Roadmap ( The Libra Credit roadmap is divided into 6 milestones, extending to 2020+ )
- 2017 Q4 : Libra Credit Idea Generation
- 2018 Q2 : LBA token sale & Token Activation
- 2018 Q3 : Libra Credit Platform (Desktop version) Launched for crypto-to-crypto/fiat lending
- 2018 Q4 : Libra Credit mobile App Launched
- 2019 : Other digital asset-to-crypto/fiat lending enabled with extended partnership networks
- 2020+ : Digital/financial/physical asset-to crypto/fiat lending enabled with global partnership networks
- Investors
