The practice of lending stands as one of the most ancient traditions in the financial world.
Taking a look back across 4,000 years, our Head of Growth, @MartindRijke, examines how the methods for enforcing these agreements have evolved over various eras. He explores the journey from early Mesopotamian villages to the involvement of the state and modern ratings agencies, ultimately making the case that the onchain ecosystem is the logical next phase for the industry.
You can read the complete piece via the link below.
Lending has long been recognized as a foundational and ancient tradition within the financial world. Tracking its extensive history, our Head of Growth, @MartindRijke, explores how the methods of loan enforcement have evolved over 4,000 years. He traces this fascinating timeline from the early days of Mesopotamian villages all the way to the modern reliance on the state and ratings agencies. Ultimately, he makes the case that moving onchain is the logical next phase in this progression. You can find the entire article to read below.