ChainScore is partnering with NEAR

ChainScore
1 min readDec 23, 2021

ChainScore has received a grant from NEAR Foundation to launch the scorer network for dApps on NEAR Protocol.

Reliable credit data would be accessible across the lightening fast NEAR blockchain network. This would include but is not limited to credit scores, risk ratings, user analytics, and much more. These industry-grade risk scores could potentially prevent many of the issues in DeFi such as undercollaterization, and allow protocols to differentiate users based on risk, and even offer better credit rates for low-risk users.

Accessibility of this data would open opportunities for building markets that could minimize/manage risks on NEAR. We are excited for the DeFi ecosystem on NEAR to enable different risk-regulated open markets.

About NEAR

NEAR is a blockchain network with Proof-of-Stake (PoS) consensus mechanism, and a sharded architecture to scale transaction throughput.

https://near.org/

About ChainScore

ChainScore is a multi-chain Risk Scoring Protocol for DeFi, powered by The Graph Protocol and Chainlink.

Read more about us: https://docs.chainscore.finance

Join the community

Discord: https://discord.gg/ZhKsjC8464

Twitter: https://twitter.com/ChainScoreHQ

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