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Show Notes
Emerging Credit Markets
Chaim started learning about blockchain in his early university years, where his curiosity and vision led to opportunities from internships to academic discussions. The combination of economics and tech opened doors to work with banks. After seeing the DeFi summer and recognizing some of its pain points, he had the idea of bringing credit and investments to a sustainable and impactful level by using overcollateralized real-world assets, and with a stable yield.
00:00 - 05:18: Who’s Chaim
05:19 - 08:48: Aha Moment
08:49 - 16:13: Credix Finance
16:14 - 18:13: Brazil and World
18:14 - 24:17: Dealing with Traditional Companies
24:18 - 26:38: USDC
26:39 - 28:36: What’s Next?
28:37 - 30:12: Focused On
30:13 - 32:18: Is the World Ready?
32:19 - 35:08: Keeping Track of the Loan
35:09 - 36:57: Its everything going to be on-chain?
36:58 - 38:29: Crypto Community on Brazil
38:30 - 42:35: Rounding Off
Guest Socials
Twitter: https://twitter.com/chaim_fes
Website: https://credix.finance/
Credix Twitter: https://twitter.com/Credix_finance
Glossary
KYC: KYC stands for Know Your Customer, which refers to the process of verifying the identity of customers to prevent money laundering, fraud, and other financial crimes.
DeFi: DeFi stands for Decentralized Finance, which refers to a system of financial applications built on blockchain technology that aims to provide open and permissionless access to financial services, such as lending, borrowing, and trading, without intermediaries like banks or other traditional financial institutions.
APY: APY stands for Annual Percentage Yield, which is a measure of the return on investment over a year, taking into account compound interest.
On-chain: "On-chain" refers to data and activities that occur on a blockchain network, as opposed to off-chain activities that occur outside of the blockchain network. This includes transactions, smart contracts, and other activities that are recorded and verified by the blockchain network itself.
TradeFi: "TradeFi" is not a well-established term yet, but it likely refers to decentralized trading protocols within the DeFi ecosystem. These platforms allow for permissionless and trustless trading of cryptocurrencies and other digital assets, and are often built on top of blockchain networks like Ethereum. They aim to provide a more open and accessible alternative to traditional centralized exchanges.
PIX: PIX is a Brazilian instant payment system that allows individuals and businesses to make transactions 24/7, without intermediaries, using only their mobile phones.
Roadmap: A roadmap is a plan or strategy that outlines the goals and objectives of a project or company, along with the steps that will be taken to achieve them over a certain period of time. It serves as a guide for decision-making and resource allocation, and helps ensure that everyone involved is working towards the same vision.
Off-chain: Off-chain generally refers to transactions or data that occur outside of a blockchain network, but are still relevant to the network's overall functioning. This can include activities such as sending cryptocurrency between two individuals without recording the transaction on the blockchain, or using off-chain solutions to improve scalability and reduce network congestion.
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