SmartCredit.io AI-powered Self-Custodial Neobank Review

What is SmartCredit?

SmartCredit.io is an AI-powered self-custodial neobank that provides fixed-term, fixed-rate loans to borrowers and fixed income funds to lenders, along with fiat on/off ramp capabilities, without the risk of bank runs.

This decentralized global P2P lending marketplace facilitates direct connections between lenders and borrowers, eliminating the need for intermediaries. Lenders supply their funds, while borrowers access these funds on the worldwide platform.

Decentral Autonomous Blatform Ltd, a BVI company, operates the platform. The leadership team includes co-founders Martin Ploom and Tarmo Ploom, both CFAs (Chartered Financial Analysts), each have ten years of experience as vice presidents at Credit Suisse in Zurich, Switzerland.

Platform features include:

+Fixed-term, fixed-interest-rate collateralized loans for borrowers

+Personal Fixed Income Funds for lenders

+Efficient collateral utilization through the Positions Monitoring System

+AI-driven predictive Crypto Fraud Score, accessible for free at https://smarttrust.io

+AI-driven Crypto Trust Score for crypto lenders, available at https://smarttrust.io

+AI-driven Continuous Transaction Monitoring for wallets, exchanges, and payment processors, suitable for all crypto service providers (accessible via https://smarttrust.io)

+Fiat on-ramp/off-rampAI API and Borrow/Lend SDK integrations for other wallets and platformsStaking and rewards for users

SmartCredit.io emphasizes offering self-custodial solutions that are compliant with regulations.

Unlike Aave, Compound, and other money-market-based lending systems, SmartCredit.io does not face bank run risks.

The vision of SmartCredit.io is to provide all the financial services that traditional banks offer while maintaining a self-custodial approach.

For more: https://decentralised.news/smartcredit-io-decentralized-p2p-marketplace-review