Decentralized finance is a kind of shadow Wall Street that largely does without traditional intermediaries such as banks and stock exchanges.
(Photo: DigitalVision Vectors/Getty Images)
New York, Frankfurt Christopher Brookins is deeply immersed in the new world of finance. The founder of the start-up Rocifi is working on a new kind of lending platform for cryptocurrencies. The creditworthiness of customers is to be measured by which digital currencies and virtual assets they own and how they behaved in the past when repaying similar loans. Specialized analysis tools make this possible. “We want to become something like the rating agency Moody’s, only on the blockchain,” he explains.
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