SmartCredit.io gives to every lender the capabilities of a commercial bank: they will create money in the lending process and they can lend money.
SmartCredit.io is proud to be accepted as a member of Chain Accelerator – the biggest blockchain accelerator in Europe. Chain Accelerator membership allows SmartCredit.io to boost product development and product launch.
SmartCredit.io is a Swiss / Estonia based project launched by veterans in the cryptocurrency, finance, technology, and artificial intelligence fields.
SmartCredit.io tokenizes the P2P credit and makes it transferable in the form of credit-coins. The value of credit-coins is protected with underlying collateral and with the loss provisions. Lenders can pay third parties with their freshly minted credit-coins. Third parties will receive interest and principal of the credit-coins at the end of underlying loan.
SmartCredit.io gives to every lender the capabilities of a commercial bank. Every lender will create money in the lending process (as commercial banks do it) and every lender can lend money (as commercial banks do it). SmartCredit.io will disintermediate commercial bank lending and money creation.
Chain Accelerator is an ecosystem builder, the largest blockchain accelerator in Europe based in Station F, in the biggest startups campus in the world. Chain Accelerator’s single platform allows seamless serving of startups, corporates, investors and university’s needs.
Chain Accelerator helps startups with workspace, business development and introductions to investors. Corporates receive executive training, use cases reviews and events. Investors receive exclusive, early bird access to performing startups with real world go to market solutions.
Nicolas Cantu, CTO Chain Accelerator, says:
“We chose SmartCredit.io because of their business innovation in the credit sector – everyone speaks about the disintermediation, but no- one has the vision and product to disintermediate commercial bank money creation and lending. They do. They have a vision and a product. And we help them.”
Martin Ploom, CEO of SmartCredit.io, is excited to be a member of Chain Accelerator:
“They know the crypto ecosystem inside out, they introduce us to the partners and they give us very- very high-quality advice. We are very happy to be here.”
SmartCredit.io will launch in mid-summer 2019 in Europe.
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