Bloom is not a lender, but a platform.
Bloom is a standardized, programmable ecosystem to facilitate on-demand, secure, and global access to credit services. Bloom offers solutions to cross-border credit scoring and identity fraud while at the same time expanding credit globally to 3 billion new individuals and improving scoring methodology for all 7 billion people.
Bloom is not a provider of loans. Bloom is a platform to migrate all lenders to the Blockchain. From mortgage providers to local credit unions, lenders across the globe will be able to tap into a far more comprehensive credit database and expand their market to three billion new borrowers.
Bloom is the future of credit.
Our team has spent years in identity and data science. From fundamental research at Stanford University to large-scale entity extraction for deterministic and probabilistic record linkage, we’ve been deeply tied into identity for years.
The Bloom Token (BLT) is both the currency and scoring enhancement mechanism of the Bloom network. The Bloom token allows organizations to participate in evaluating user identities and creditworthiness. It also serves as the proposal and voting token to guide the evolution of the Bloom credit scoring system.
In the current credit infrastructure, it is common for lenders to pay identity verification and credit risk assessment companies for their services. Similarly,
identity attesters and risk assessors on the Bloom network will be able to set prices and receive payment for their services in BLT.
Total Supply: 150,000,000
Circulating Supply: 39,341,788
Official Website: https://hellobloom.io/