SupraOracles and KILDE Announce Partnership to Bring Crucial Consumer & SME Loan Data to the Blockchain
December 7, 2021
Storing loan data to blockchain will create an immutable record of each loan and its performance
We are delighted to announce that SupraOracles has partnered with KILDE to raise debt capital with institutional investors. Through this partnership, KILDE will be able to store crucial data about consumer loans to the blockchain, thereby creating an immutable record of each loan and its performance.
Alternative investments have been consistently growing, and are expected to hit $17.16 trillion by the end of 2025. KILDE will fall directly into this sector, as digital markets for alternative assets are increasingly important drivers of this growth, as found by Orbis Research.
KILDE investment platform solves the problem of risky participation in securing these alternative investments. As we have a license to deal in securities, we are able to securitize these alternative assets into privately placed securities, ultimately giving investors the same perks of securities coupled with the added benefits of trust, speed, and simplicity. KILDE has become a one-stop solution for both institutional and HNWIs investors looking for volatility-free regular returns. KILDE processes over 500,000 data points on consumer loans each month for each customer in South Asia alone. By turning vast amounts of data into actionable risk & return metrics, the platform turns these loans into investable assets.
The partnership with SupraOracles will enable KILDE to store critical data regarding consumer loans directly to the blockchain, enabling access to an immutable record of loans and their performance. SupraOracles brings real-world data to public and private blockchains through its interoperable solution, standardizing real-time data and pricing across digital security marketplaces. By partnering with SupraOracles, KILDE will cement its secure online services. On top of the immutable record, this collaboration enables, KILDE can utilize the performance data to activate payouts for investment smart contracts using SupraOracles’ interoperable solutions.
Radek Jezbera, CEO of KILDE, commented: “Oracles are a vital part of the digital assets ecosystem. We have chosen to partner with SupraOracles because of the speed, accuracy, and reliability of their solution. It is truly a next-generation oracle that we can build our products upon.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “KILDE’s creativity in transforming critical data points is admirable and SupraOracles is committed to powering KILDE’s online capabilities. Our interoperable solutions are ready to tackle even the most complex challenges in the DeFi industry. As KIDLE scales and grows its suite of products, we will be dedicated to staying on the cutting edge of innovation to reinforce and nurture product development.”
SupraOracles is helping bridge the gap between traditional capital markets and the Web 3.0 ecosystem. Their vision is to enable the developer community through a powerful cross-chain oracle. SupraOracles brings real-world data to public and private chains, enabling interoperable smart contracts that help secure the future of financial markets — it also provides developers with a toolset to create, deploy, and manage data applications with superior performance, agility, and robustness.
Kilde is a regulated investment platform for alternatives. They operate as a two-sided platform connecting institutions / HNWI with securitized private investments. Their main alternative asset classes are private debt, venture debt, and recurring revenue financing. Kilde has partnered with leading non-banking consumer & SME lending firms to give investors safe and controlled access to consumer lending assets. Their unfair advantage is vast accumulated data on consumer & SME assets performance as well as scalable investment and securitization tech platforms. Thanks to Kilde’s license for dealing in securities, they securitize alternative investments into digital securities.
Kilde is a regulated investment platform for alternatives. We operate as a two-sided platform connecting institutions / HNWI with securitised private investments. Our main alternative asset classes are private debt, venture debt, and recurring revenue financing. Kilde has partnered with leading non-banking consumer & SME lending firms to give investors safe and controlled access to consumer lending assets. Our unfair advantage is vast accumulated data on consumer & SME assets performance as well as scalable investment and securitisation tech platform. Thanks to Kilde’s license for dealing in securities, we securitize alternative investments into digital securities.
Radek Jezbera Radek is the CEO and Co-Founder at KILDE, a regulated platform for alternative investments. KILDE is powering digital lending firms with debt capital to reach underbanked customers in South East Asia.
Smartphones have turned our lives upside down. Personally, I was a late iPhone adopter still clinking to my Nokia and later a Blackberry until the early 2010s. Despite my lack of foresight, smartphones have had a phenomenal adoption rate of 24.3% per year since 2009.
I bet you would not guess what has been the second most adopted innovation - Exchange Traded Funds (ETFs) with an 18% yearly growth for the same period. ETFs have been introduced in 1993 but it was not until 2010 when they entered adulthood with $1T of Asset under Management (AuM).
One day when Gabby was shopping at Sephora store in an uptown Singaporean shopping mall, she was approached by Atome’s brand ambassador offering her to purchase the cosmetics in monthly instalments. After a bit of thinking, Gabby agreed to download the app and made the purchase for one-third of the price planning to pay the rest in two monthly instalments.
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