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Home > All About Blockchain > Revolutionary Lending and Trading Platform for Local Business | Seth Goldstein
Podcast: All About Blockchain
Episode:

Revolutionary Lending and Trading Platform for Local Business | Seth Goldstein

Category: Technology
Duration: 00:24:51
Publish Date: 2021-04-27 17:00:00
Description:

How do we increase availability of capitol to small and traditionally disadvantaged borrowers? How can we invest in businesses we care about while purchasing products/services we want, especially during pandemic closures?

Carnegie Mellon Professor Goldstein has been investigating the interaction of technology, work and money with his computer science students to overcome several long-standing problems of established lending markets.

By utilizing a public blockchain-style ledger they have created an equal access funding mechanism, BoLT: Building On Local Trust, that can reduce poverty and inequality.

Learn about the interesting deep technical problems they faced to bring solutions to people today.
 

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