Credit System

Credit System--Defi Infrastructure

In the field of decentralization finance, there is no effective credit system currently, because in the decentralized field, the cost to establish the addresses is almost zero, which means the cost of fraud is almost zero if use those data to build a credit system. At present, at block-chain area, almost all the lending business are mortgage loan, with an asset equivalent to 1000usdt, only 800Usdt of liquidity can be borrowed. This makes decentralized finance completely unable to provide liquidity like traditional financial markets, which greatly restricts the development of decentralization.