AI-driven Decentral Autonomous Bank

Our long-term goal is to deliver AI-driven Decentral Autonomous Bank. It's the bank that has all the same capabilities as TradFi custodial banks. But clients control their assets - not the bank.

SmartCredit.io started as a fixed-term, fixed-interest borrowing platform. However, our long-term vision is to launch an AI-driven "Decentral Autonomous Bank" (DAB).

DAB offers the same functionality that traditional banks offer. However, the DAB doesn't control client assets as traditional banks do, but the clients have self-custodial asset custody. The clients choose which services of the DAB they use. The clients are not stuck with the service provider; they can switch anytime.

The key functionalities of traditional banks are:

Feature	Status
Self custody	available via self-custodial wallets
Payments	available via self-custodial wallets
Credit and Lines of Credit	implemented via the Credit Lines
Lending and Fixed Income Funds	Implemented via the personal Fixed Income Funds
Fixed rate leveraged Lido staking	Implemented via fixed rate leveraged staking
User Segmentation	Via https://chainaware.ai User Segmentation
Transactions Monitoring	Via https://chainaware.ai AI-based Crypto Transaction Monitoring
Fiat conversion on-ramp/off-ramp	Implemented in partnership with Mt Pelerin
Exchange	Implemented in partnership with LetsExchange
KYC	Implemented. Full activation after FATF regulations are introduced
Investment funds	Pending
Uncollateralized credit	Pending

When DAB is implemented, traditional banks will no longer be needed. Everyone will need only his wallet and access to SmartCredit.io.

Further info

• SmartCredit.io: https://SmartCredit.io

• Twitter: https://twitter.com/Smartcredit_io

• Telegram: https://t.me/SmartCredit_Community