Spectral

About Spectral token

Spectral Finance is the world’s first decentralized protocol which aims at improving the credit scoring system in blockchain technology. Its primary objective is to enable on-chain credit access through lending systems that do not require intermediary trusts but provide comprehensive assurance. This project approaches credit evaluation differently by developing a comprehensive decentralized credit scoring system on the blockchain. One of the differentiating factors of Spectral Finance is its cross-integration cannot cross integrate with other DeFi lending platforms. This cross-platform functionality ensures users are able to secure and enhance their borrowing limitations seamlessly, further increasing the number of platforms compatible with their credit scores, thereby heightening versatility without jeopardizing security. Non-custodial and automated procedures are designed to alleviate burden while upholding optimal data accuracy and privacy, which is the goal of Spectral Finance. Additionally, Spectral Finance democratizes financial data by empowering users to control and change the information actively. This feature contributes towards establishing a dependable financial identity in the DeFi space.