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 is ranked #3402 by market capitalization. Currently the LBA market cap exceeds 1.58M+ Brazilian Real. By market capitalization it is ranked #3402. Daily trade volume is 19,715.28 BRL.
The Libra Credit price today in BRL is 0.002336. Through the Libra Credit price history, the price ranges from 1.24 BRL (all time high) to 0.00097661 BRL (all time low). Libra Credit price last 24 hours fluctuated from 0.00233647 BRL (24h high) to 0.00218337 BRL (24h low).
Check the Libra Credit value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.mycred.io/
Block explorers: https://etherscan.io/token/0xfe5f141bf94fe84bc28ded0ab966c16b17490657 https://ethplorer.io/address/0xfe5f141bf94fe84bc28ded0ab966c16b17490657
Forums:
Reddit: https://www.reddit.com/r/Libra_Credit/
Twitter: https://twitter.com/ihavecred/
Facebook: https://facebook.com/191105808142986/
Libra Credit live price may differ in various exchanges. Check LBA real-time data to make informed decisions.
You can buy Libra Credit on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell LBA at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Libra Credit trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Libra Credit and trade with REVENUEBOT in less than a second.
In short, only if the current value of Libra Credit will be less than the value of Libra Credit at the moment of selling in the future. The Libra Credit chart can only assist the Libra Credit value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Libra Credit value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the LBA supply. Check the Libra Credit live chart to see the current supply and predict how long it will take for the coins to run out. The total supply of Libra Credit is 1000000000 LBA, while LBA circulation supply now is 675000000 LBA.
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