Pear Credit, a P2P Credit System Launched By Cointelegraph

by time news

Pear Credit was launched, a P2P credit system

Last October, the launch of Pear Credit was announced, a peer-to-peer credit system that allows issuers to create peer-to-peer credit “tokens”. This was announced to Cointelegraph en Español through a statement.

Founded by , Holepunch and SynonymPear Credit says that: “It promises a pure peer-to-peer protocol, providing credit issuers with a faster, cheaper, and more scalable token format, without relying on blockchains or any global state-sharing network.”

  • Fintech Innovation Summit 2022: Madrid will host an event that will analyze the future of financial technologies

From the founding companies they shared: “Pear Credit is one of the core products in a series of peer-to-peer applications developed by Tether, Holepunch and Synonym that will return control of the economy to the people.

Read the full article on Cointelegraph

You may also like

Leave a Comment