Subprime
Revolutionizing the way the world pays money, using undercollateralized accountable credit
Created on 10th December 2023
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Subprime
Revolutionizing the way the world pays money, using undercollateralized accountable credit
The problem Subprime solves
Undercollateralized lending on-chain with accountability has been the dream of developers for years in the crypto ecosystem. An economic value transfer system that is private and secure has been required for years. Opens the consumer credit market globally to all lenders creating liquidity on either side.
Challenges we ran into
First major hurdle we encountered was business logic and making the project make sense in terms of complete anonymity while conserving accountability and complete trustlessness. Other hurdles were integrating polygon ID and lighthouse storage
Tracks Applied (7)
Arbitrum Track
Arbitrum
Polygon Track
Polygon
Filecoin Track
Filecoin
Alliance Track
Alliance
Push Protocol Track
Push Protocol
Lighthouse.storage Track
lighthouse
Scroll Track
Scroll
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