Credium is bringing crypto to the credit industry

Credium's blockchain based solution will enable various credit entities to accurately exchange their credit assets via a decentralized marketplace. This is expected to revolutionize how assets move within the ecosystem of the credit industry.

Credium, an innovative blockchain solution, is creating a platform that will allow credit holders to exchange their credit assets in a decentralized, blockchain based marketplace. The platform will serve as a bridge between traditional credit markets and the ever expanding crypto economy, with hopes that the two will thrive because of the new partnership.

Unlike traditional markets, equity far outweighs credit in the crypto community

According to estimates, the global bond market is much bigger than the global equity market. This is largely due to an unprecedented era of extremely low interest rates. On the other hand, there isn’t a uniform way that crypto investors can utilize to trade debt. Equity-like cryptocurrencies trade in enormous volumes around the clock, whereas the demand for crypto debt is very low at the moment. However, credit is unarguably the world’s most important financial engine across the fiat economy, driving growth on both corporate and individual levels. As the crypto community continues to grow, debt will likely play a huge part in the cryptocurrency economy in the near future.

How does the Credium platform work?

The Credium platform allows any credit entity, such as banks, various financial institutions, etc., to accurately price non-securitized debt assets. In turn, this enables them to buy and sell debt at a fair price. The platform tokenizes credit assets, rendering them tradable. The tokens will be exchanged through a transparent and immutable blockchain, giving all parties the ability to audit transactions.

The biggest benefit of the platform is that it allows parties to trade debt back and forth through a decentralized medium, keeping transaction costs low. The inclusion of debt in crypto markets should also add much needed liquidity, in addition to streamlining the trading process.

Gilad Woltsovich, Credium's co-founder and CEO, comments, “We are excited to create the credit industry's next generation infrastructure, while allowing the credit industry to securely exchange data and assets under a unified protocol.”