Blockchain and Crypto Credit Rebounds to $500M From Bear Market Lows
Company behind passive income app Grass raises $3.5m
Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race
– Blockchain loans can offer lower interest rates than traditional private credit lenders due to the transparency of blockchains and automated smart contracts.
– Blockchain-based private credit lending has seen a 55% increase in active loans since the start of 2023, following a slump in 2022.
– Grass lets users sell their unused internet bandwidth to companies training AI.
– The project says it will decentralise ownership at the end of its beta phase.
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