LedgerScore announces the release of a complete digital payments platform and a MasterCard debit card in January, 2022. With it, our users get best-in-class concierge services, the ability to buy, sell or store 9 major cryptocurrencies, and the power to spend their money anywhere in the world using our new ledgerScore card. With the card, users get discounts on flights, holidays and first-class airfare to get exclusive business and business rates. And they can even get private event and private event coordination for those that need it topped off with 24/7 chat support.
LedgerScore
Independent Financial Reporting for DeFi and Traditional Lending
Over the past few years, the DeFi industry has brought disruption and innovation to the institutional finance market. Along the way, it has introduced financial tools and flexibility to previously underserved populations. But DeFi still has a long way to go in its quest to replicate and expand upon the financial infrastructure provided by traditional banking institutions.
For example, the DeFi industry ran into some early difficulties because it didn’t have the same kind of reporting and regulatory mechanisms that institutional finance does. That meant things like lending decisions were getting made based on ad-hoc workflows, and it resulted in major problems with over-collateralized loans.
We here at LedgerScore set out to fix that problem by building a credit scoring infrastructure designed for decentralized finance. It embraces the concept of anonymity that animates the crypto space and gives participants a way to prove their creditworthiness to lenders without making their identity known.
We call our solution a Ghost ID – and it allows crypto users to associate all of their wallets and assets with a single dynamic identity. That lets lenders assess their financial condition with no other identifying information necessary. It was a game-changer in the world of DeFi, and one we’re quite proud of. But we’re far from…
