Lending Just Got Decentralized

"It's about the permissionless innovation that is possible... it's about the fact that users can take their tokens from us and use them on some other exchange that we didn't build at all," Blake West says.

Michael Sall and Blake West, co-founders of Goldfinch, join "On Purpose" with host Tyrone Ross to discuss how their company plans to make borrowing accessible to everyone in the decentralized world.

For years, people have looked to big banks for how financial lending and borrowing should look. Goldfinch is a decentralized credit platform that empowers financial inclusion. Instead of completely reinventing lending, Sall explains that Goldfinch aims to use blockchain technology to help “existing financial systems benefit from the kind of interoperability, efficiency and openness that DeFi brings.”

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl and Nia Freeman. Our theme song is “Walk With Swag.”