TransUnion, one of the three largest credit agencies in the United States, announced on Thursday that it will provide credit scores to decentralized finance (DeFi) lenders.
TransUnion will provide traditional (off-chain) credit scores to individuals when applying for loans on a blockchain-based protocol without compromising the applicant’s privacy. TransUnion is partnering with data security company Spring Labs and DeFi identity and compliance software developer Quadrata to offer the service. (CoinDesk)
