Quote from: InkalIa on Today at 11:57:01 AM

I read that SmartCredit Co-Founders have big experience in the field of Credit-Suisse and other financial services companies. Can you tell more about it?

The ceo is the ex director of credit Suisse him and his brother, the marketing manager is the founder of many blockchain marketing groups aswell blockchain for women in Turkey, the blockchain architect has a doctorate in blockchain and defi the list of professionals is A class.

Quote from: siniavschi001 on February 16, 2021, 09:51:18 PM

From your whitepaper, it is claimed that when using the SmartCredit.io platform, every lender will have capabilities of a commercial bank and every lender will become a commercial bank. If this notion is actually true, how possible will it be?

Yes, that's how it is.

Let's think on the banks - they create first money (the credit-money) and then the lend out the freshly created credit-money

Let's think on the fiat P2P systems - they cannot create any credit-money and they can lend out only already existing money. So, fiat P2P is no competitor for the traditional banks

Let's take SmartCredit.io now - every loan will be tokenized - in the ccTokens (ccETH, ccDAI, ...) and these tokens exist for the duration of loan (and they are backed with the loan). So, we are creating new tokens (which are backed) and we are lending the funds. That's why every lender willl be like a commercial bank - every lender will lend out funds and will create new money too

Quote from: gigio on February 16, 2021, 06:13:26 PM

SmartCredit is partner of EU govement?

That's a non-profit organisation of the Fintech companies. We are always honoured to read the new regulations before they will become the new laws 😉

Quote from: kittehdome on February 15, 2021, 07:53:50 PM

Will we be able to lend our smart credit tokens?

In the Release 1.1 this functionality is not yet there, but it will be there in the Release 1.2