A Sneak Peek At Creditcoin’s Newest Groundbreaking RWA Products
Creditcoin has always found itself at the forefront of innovation, pioneering real-world asset (RWA) opportunities before the term came into common use. As trailblazers in this space with a mission-driven purpose, we’ve continually pushed the boundaries of what decentralized technologies can achieve.
Now, we’re excited to share a sneak peek at two groundbreaking RWA products we’re adding to our roadmap to raise the industry bar once again.
RWA Product #1: AI-Graded Loans via Credal
Prepare for a revolutionary upgrade to our Credal API, the backbone of the Creditcoin network. Gluwa, the developer of Creditcoin, is collaborating with the Central Bank of Nigeria (CBN) to help with its CBDC adoption. The partnership's core objective is to harness the power of Gluwa's Credal technology to build credit reputations for CBDC users, thus enhancing financial inclusion, improve eNaira functionality, and foster financial innovation. Credal unlocks financial boundaries with its establishment of a public blockchain network that easily integrates with the processes of fintech lenders and to date, has recorded over 5 million loan transactions.
As a part of enhancing the utility of the CBDC, we’re significantly upgrading the Credal API to prepare for integration, including the implementation of cutting-edge AI. As a result, we’ll use these AI-graded tokenized loans to offer yield opportunities for our RWA investors!
RWA Product #2: Tokenized Internet
As teased in past content regarding Gluwa’s high-level meetings with Presidents and VPs of Nigeria, Ghana, Sierra Leone, and Liberia, we are embarking on an extraordinary journey to build a satellite-based, decentralized internet infrastructure to address connectivity gaps in rural parts of the world.
Building this satellite-based infrastructure will present the opportunity to tokenize internet for the first time ever. Though this project is still in the early stages of development, we nevertheless wanted to communicate our ambitions for you to take part in an RWA opportunity that will be out of this world.
Both RWA products are estimated to be rolled out throughout the end of 2024 into 2025. If you’re interested, now is the time to follow us on X so you don’t miss any important updates!
With the two RWA products mentioned, below is our updated roadmap:
- Q3 2024: EVM-compatible mainnet and new Creditcoin wallet
- Q4 2024: DEX launch
- 2025: Creditcoin network launches the Universal Smart Contract layer
- 2024-2025: Launch of our new RWA products
Join Creditcoin on Discord, be a part of the conversation, and help us build a future we can all be proud of!
About Creditcoin
Creditcoin is the world’s leading real-world asset infrastructure chain for financial institutions, connecting global borrowers, lenders and investors on-chain. To date, the protocol has helped its partners record over 4.27 million real-world credit transactions, valued at $79.7 million USD, while servicing 337,000 customers worldwide across emerging markets.
By transparently securing credit history and loan performance on the Creditcoin network, the protocol has already helped thousands of borrowers, businesses, and investors secure capital financing, build credit history, and grow their global RWA investment footprint.
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