Blockchain-Based Credit Scoring For Thin-File Consumers: A Revolutionary Approach To Financial Inclusion
The traditional credit scoring system has long been a barrier to financial inclusion for thin-file consumers, who lack sufficient credit history to be evaluated by conventional methods. However, the emergence of blockchain technology has opened up new possibilities for credit scoring, enabling the creation of a more inclusive and equitable financial system. In this article, we will explore the concept of blockchain-based credit scoring for thin-file consumers, its benefits, and how it can be implemented.
