Many people cannot access debt markets simply because they do not meet the criteria set by banks. Various new forms of debt platforms, such as peer-to-peer lending, have emerged, but they have so far not been successful in providing an option to those already excluded from the traditional financial system.
Umee is a permissionless, autonomous rate algorithm built as a blockchain that is pioneering the next generation of globally accessible financial markets. As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross-chain leverage, liquidity, and debt instruments. The Umee Blockchain facilitates interoperability between the Cosmos ecosystem, Ethereum, side chain architectures, layer-2 scaling solutions, rollups, and alternative base layer protocols.
Join Umee’s Founder and CEO Brent Xu in a fireside chat hosted by Cardstack’s Founding Director Chris Tse on Nov 2, 2022 at 9:00 am EDT. In this session, they will discuss Umee’s product portfolio and the company’s vision for the decentralized financial ecosystem.
