Blockchain Credit Bureau? Schmitt’s New Trick! 😏
What to know:
- Now, behold! PASS: the grand modern highway for wallets, dApps, and those pesky embedded finances, allowing for pseudonymous lending—because who doesn’t love a little mystery in their credit? 🎭
- Our dear Eric Schmidt, once the revered captain of Google’s ship, now sunning himself in the crypto sun, has been meddling — err, advising — in the blockchain realm since early 2023, naturally. Because, why not? 🚀
High-thoroughput blockchain Keeta (sounds like a sneeze, doesn’t it?) and the credit data platform SOLO, both once blessed by the illustrious Mr. Schmidt, are unveiling a blockchain-based on-chain credit bureau. Yes, mortgage loans, small business loans, and other old-fashioned credit amenities are making a digital comeback—who needs banks when you have chains? 💰
Keeta, ever the gracious host, supports SOLO in crafting PASS—think of it as a bank-grade identity layer stored securely on the blockchain, gathering know-your-customer info, income, crypto assets, and the like. Because what’s better than trusting a digital cookie jar filled with private info? 🥠
After all, blockchain is the epitome of trust—just ask any blockchain enthusiast, or the person who lost his crypto in the last crash. It’s a tech miracle for storing real-world credentials, ready to support the next digital lending revolution. Because nothing says security like a ledger that everyone can see but nobody understands. 🤓
QUOTE TIME: “This is the first time that a blockchain network has made real-world financial credentials, like income, assets, and identity, verifiable, tokenized, and trusted for lending,” declared Georgina Merhom, SOLO’s founder. Truly, a portable and programmable credit bureau owned by—drumroll please—the people! Or at least, that’s what they say. 🎉
And yes, folks, Eric Schmidt’s crypto adventures continue, as he’s now hanging out at Chainlink Labs, giving advice like an old sage of the blockchain. Because who needs retirement when you can be an adviser to everything? 😎
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2025-06-05 20:21