• Coins 0
  • Exchanges 0
  • Market Capitalization $0
  • 24h Trading Volume $0
  • Dominance

Libra Credit (lba) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
2956
LBA
Libra Credit logo Libra Credit LBA
$ 0.00 -2.92% 1 000 000 000 675 000 000 Start Trading

Libra Credit (lba)

Libra Credit is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Libra Credit is a global initiative with a mission to provide financial inclusion and lower the cost of financial services. Powered by its proprietary big data, AI-based credit assessment technology and existing global partnership networks, Libra Credit has the expertise and capabilities to realize its mission. Libra Credit aims to offer a seamless digital lending process that can be completed in 5 steps: application, verification and credit assessment, confirmation, collateral deposit, and disbursement. The Libra Credit platform will focus on a dual-credit risk scoring mechanism that considers the creditworthiness of the pledged collateral as well as the credit information of the borrower. Borrowers will be able to pledge any crypto-assets as collateral and receive loans in their desired asset. Using smart contracts and a proprietary collateral valuation and liquidation system, Libra Credit will lock in agreed terms between borrows, lenders, custodians, guarantors and liquidators. Libra Credit was founded in 2017 and operates out of San Francisco, USA. They are backed by investors such as FBG Capital, GBIC, DHVC, Dekypt Capital, Crypto Parency, and others. Lu Hua, Co-Founder & CEO has experience in the payments, financing, and risk management industries. He was previously the CEO of moKredit, one of China’s top digital credit servicing companies. Lu was also the Head of Core Payments for PayPal China and the Head of Global Banking Platform for PayPal US. Dan Schatt, Co-Founder & COO has previously worked as the Chief Commercial Officer at Stockpile Inc., a leading fintech company, and as General Manager of Financial Innovations at PayPal. Howard Wu, Chief Scientist, he is a blockchain and cryptography expert who is a Founding Partner of Dekrypt Capital, Advisor of Blockchain at Berkeley, and Software Engineer at Google. He advises the project in a technical capacity and has received a Master’s degree in Electrical Engineering and Computer Sciences from UC Berkeley. There are already quite a few blockchain lending projects, so competition is stiff. Libra Credit’s development progress is rather early compared to its competitors. The crypto-to-crypto lending part seems to be well thought out. However, not so much with the crypto-to-fiat part. According to the roadmap, crypto-to-fiat lending is scheduled to launch in 2018 Q3. With details lacking in the weekly blog update about crypto-to-fiat lending, it is difficult to gauge whether the proposed timeline is reasonable.

Libra Credit Leading Crypto Trading Bots

Dive deep into the newest and most potent trading bots on Kryll, each meticulously curated to bolster your crypto trading strategy and maximize returns.

QUARTZ Kryll strategy poster

QUARTZ

+ 521.92%
Launched May 22, 2023 (AGLD-USDT)
#1
Cypher Kryll strategy poster

Cypher

+ 397.29%
Launched Jan 21, 2023 (TRIAS-USDT)
#2
SACKY AGGRESSIVE Kryll strategy poster

SACKY AGGRESSIVE

+ 301.91%
Launched Nov 29, 2023 (ACE-USDT)
#3
INMORTAL KEV2 Kryll strategy poster

INMORTAL KEV2

+ 289.80%
Launched May 1, 2023 (AGIX-USDT)
#4

Available Market Pairs

Search icon
Crypto Rank Pair Name 24h Trading Volume
1 LBA / ETH Gate.io $ 1 127 875 521 085.32 Start Trading
2 LBA / USDT MEXC $ 475 110 630 421.40 Start Trading
3 LBA / USDT Gate.io $ 2 210 873 273 016.34 Start Trading
4 LBA / USD YoBit $ 204 291 285.87 Start Trading
5 LBA / WAVES YoBit $ 6 020 458.60 Start Trading