/biz/ - Business & Finance

Sell a high yield bond? Well, thanks, what’s your credit, what’s your company doing, how are your KPIs?

Oh, you want to do a derivatives transaction to hedge your loan exposure? What’s your loan profile, what’s your intended hedging coverage?

Oh, you want to buy a house with a mortgage? What do you make, what’s your collateral, how long have you worked, does your wife co-sign?

Having said all that, wtf, how is crypto solving the information problem which has been at the core of every single financing transaction since the Sumerian Empire 6500 years ago?