Goldfinch

Goldfinch is a decentralized credit protocol that provides crypto loans to real-world businesses, primarily in emerging markets, without requiring crypto collateral. Unlike traditional DeFi lending which requires overcollateralization, Goldfinch uses a trust-through-consensus mechanism where backers assess borrower creditworthiness and provide first-loss capital. Launched in 2021, the protocol has facilitated loans to fintech companies, SME lenders, and other financial institutions across dev...

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