Decentralized trustworthiness score management with smart contracts on the trustlend platform
Wisnu Uriawan,
Youakim Badr,
Omar Hasan
et al.
Abstract:The personal lending marketplace, known as Peer‐to‐Peer (P2P) lending, has increased globally. However, providing unsecured loans to peers without requiring collateral remains a challenge. A platform called TrustLend is proposed to enable trustworthy transactions in the personal lending application. The platform attempts to eliminate or minimize the collateral requirement. The trustworthiness score adds to this platform's variable selection rules and can help lenders decide on reliable candidates as borrowers.… Show more
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