The Keeta high speed blockchain and the solo credit data platform, companies supported by the former CEO of Google, Eric Schmidt, have a chain credit office to give owners of digital assets access to mortgages, loans to small businesses and other traditional loan services.
Keeta facilitates solo to create Pass, a layer of financial identity of banking quality based on blockchain, using the customer of knowledge, income, cryptographic assets and commercial references, according to a press release Thursday.
The blockchain infrastructure is synonymous with confidence, it is therefore logical to use technology to store financial references in the real world and contact new digital paradigms in loans.
The PASS product creates modern credit rails for portfolios, DAPPs and integrated finances, while allowing pseudonym loans and borrowings depending on the references of trust, the press release said.
“This is the first time that a blockchain network has made real financial references, such as income, assets and identity, verifiable, tokenized and reliable for loans,” said Georgina Merhom, founder of Solo. “Pass offers a portable and programmable credit office, belonging to the people for whom it is built.”
Eric Schmidt has been involved in the blockchain and cryptography space for some time, after joining Chainlink Labs as a strategic advisor at the beginning of 2023.
