Looking for Bloom Token? Find BLT Price, Exchanges, Reviews, Chart, Historical Data & BLT Marketcap
Bloom Token (BLT) Ranked 920 in Coin Market Daddy Currencies Index. Bloom Token (BLT) price is $0.018577. It has a current circulating supply of 53,642,697 BLT and a Marketcap of $996.54K. Today Bloom Token price is down (-0.93%). $420 worth of Bloom Token (BLT) has been traded in the past 24 hours. Bloom Token (BLT) currency type is token (Ethereum). BLT trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Bloom Token (BLT) and contribute to CMD Cryptocurrency Encyclopedia.
Bloom is a decentralized credit protocol that aims to address the existing limitations of the actual credit scoring system. The Bloom protocol will use the Ethereum blockchain to provide a novel approach to the credit risk assessment allowing both traditional fiat lenders and digital asset lenders to issues compliant loans on the blockchain while providing lower fees and improve borrower experience at the credit issuance process.
The Bloom platform will feature a BloomID (a global secure identity, allowing lenders to offer compliant loans globally), BloomIQ (a system for reporting and tracking
current and historical debt obligations that are tied to a user’s BloomID), and BloomScore (a metric of consumers’ creditworthiness).
Bloom token (BLT) is an ERC-20 token that will be used to participate in evaluating user identities and creditworthiness. Furthermore, it will give users voting rights on future developments on the Bloom credit scoring system.
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