DeFi’s critical missing piece: Credit scores

[Dociko]

Traditional finance is built not on collateral but on reputation, and DeFi will grow by following suit.
Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens or even hundreds of times higher than standard returns in the traditional markets.
Source: Cointelegraph