Stock Groups

Would you give up privacy for unsecured loans in DeFi? -Breaking

[ad_1]

Reputation DAO – Would you be willing to give up your privacy in exchange for DeFi’s unsecured loans?

An ambitious new decentralized autonomous organization (DAO) has built a data service for lending platforms that records a user’s financial reputation to reduce the amount of collateral needed for a loan.

It has partnered with Chainlink and that protocol’s founder Sergey Nazarov is an early backer.