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@ethsign
1/ Today, we're reimagining open banking with @Plaid Proofs.Money, a groundbreaking initiative that bridges the gap between TradFi and DeFi, extending the full potential of Open Banking, launched today on @base 🧵/👇 https://www.theblock.co/post/291931/sign-protocol-and-plaid-are-pioneering-open-banking-onchain
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@ethsign
2/ Revolutionizing Open Banking with Blockchain technology Powered by Plaid and currently live on @base, Proofs.Money functions as a cross-domain solution and allows users and businesses to generate reports that combine their onchain and offchain financial data.
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3/ Unified Financial Identity: A New Primitive for DeFi Proofs.Money pioneers a novel concept called 'Unified Financial Identity'. This enables users and businesses to establish a holistic financial identity based on their onchain and offchain financial footprints.
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4/ New Financial Paradigm • DeFi applications can improve offers using unified financial profiles • More real-world-assets will be supported on the platform via @ethsign • Undercollateralized lending may be enabled soon • Consumers can have access to broader DeFi benefits
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5/ Sky is the limit Soon, we will integrate more FinTech applications and exchanges onto the platform. Sign Protocol @ethsign will support attestations to bring more real world assets onchain. Let us know your thoughts! Generate your own report via proofs.money
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