What is Finscale?
Open Source Financial Technology Platform: FINSCALE
An innovative open-source financial services platform that is continuing to change for any developer to serve the needs of their use case instantly while supporting thousands of transactions.
- 1.Lets users discover services from FI
- 2.Lets user establish social trust with FI using Verifier credentials
- 3.Lets FI operate and service to those based on the regulatory setup
- 4.Distributed and is based on peer to peer network
- 5.Lets FI acts as relayers whose sole aim is to provide financial services to the users with minimum fees.
- 6.Minimize information exchange between counterparties
Any User can publish an ask for the running relayers on behalf of FI that is basically just listening to the user's requirement and if the requirements are met the user gets the desired output or else FI will keep passing on the messages to others until the user discovers the product!
All of this is pretty straightforward, but finscale covers a variety of use cases that FI would like to cover.
Right now users have to go to a myriad of different