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Summary

  • Creditcoin announced that it has entered into a strategic partnership with a multi-chain Layer 1 blockchain network to build a Real World Asset (RWA) ecosystem.
  • It stated that this contributes to expanding financial inclusion by providing credit to citizens in underdeveloped countries.
  • Creditcoin's developer, Gluwa, announced that it is participating in the Central Bank Digital Currency (CBDC) project in Nigeria.
Image=Creditcoin
Image=Creditcoin

Image=Creditcoin

Creditcoin (CTC), a multi-chain Layer 1 blockchain network building a Real World Asset (RWA) ecosystem, announced on the 6th that it has entered into a strategic partnership with decentralized satellite internet Spacecoin, Layer 1 blockchain SUI, and decentralized storage project Walrus.

Creditcoin records loan transaction histories on-chain to provide transparent and reliable credit records. This contributes to providing credit to citizens in underdeveloped countries who cannot access banking services, thereby expanding financial inclusion. Creditcoin's developer, Gluwa, is participating in the Central Bank Digital Currency (CBDC) project in Nigeria and other African countries such as Liberia, Sierra Leone, and Ghana.

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