Tradtional finance facilitates borrowers to use real world assets as collateral to obtain short and long term financing. For example, in trade finance business documents such as invoices, warehouse receipts and letter of credits are used as collateral to avail loans. Currently in the decentralised finance space, one can borrow stablecoins by overcollateralization of other cryptocurrencies. This limitation is one of the major deterrent factors for institutional borrowers since they are not ready to use cryptocurrencies on a regular basis.

At Credore, we are building a blockchain powered defi protocol and a debt marketplace by expanding the digital economy through undercollateralized lending for institutional borrowers. Credore protocol would offer every participant a transparent and efficient lending and borrowing deal entirely executed on blockchain. Credore is on a mission to harness a vast pool of stablecoin liquidity and make it available for institutional borrowers. Lenders will have sustainable yield opportunities from diversified lending pools of institutional borrowers. The ecosystem will also offer the institutional borrowers to manage the lending pools, perform due diligence and set terms with their end borrowers.