Published On: Wed, Oct 18th, 2017

Blockchain Lending Services Karma and MicroMoney Announce Strategic Partnership

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Singapore, 04 October 2017. – Blockchain lending services providers MicroMoney and Karma announce their strategic partnership today. MicroMoney, a global fintech company and a market pioneer blockchain credit bureau, and Karma, a global transcend p2p-scoring blockchain platform, have signed an agreement allowing them both to receive benefits from their user networks and technologies.
[Note: This is a press release.]
According to the agreement, Karma now can use MicroMoney’s unique scoring system based on AI algorithms and neural networks, to assess any of its customers. Also, Karma will share an information about their users’ social rating with MicroMoney that will enhance the MicroMoney’s scoring database with more detailed data to help to assess customer’s creditworthiness more accurately. In the upcoming several months, partners intend to build the data and technologies exchange.
MicroMoney with its mission of financial inclusion for over 2 billion of unbanked and underbanked people to the global financial system and Karma, intending to create a global community with a high level of mutual trust, are now able to work together to implement their visions and to provide business advantages for each other. Also, both companies are currently engaged in token distribution campaigns …

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