✂️ Blockchain startup aims to cut out Equifax from loan process
In partnerships with 16 lenders and fintech firms, startup Spring Labs is looking to eliminate credit bureaus. Using distributed ledger technology (DLT), Spring Labs claims its 'triple-blind' method--which hides information from lends, customers, and itself--will allow P2P credit information swapping. A native token will be launched on Spring Labs' blockchain to incentive sharing of customer information. The launch is scheduled for the latter half of 2019.
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