Hallo Dev, on Risk analysis is said that "can analyze all transactions in blockchain", are you sure all transactions? And give "their risk model to the lender", what kind of offer do you mean? I think you guys made a project must have learned it as much as possible.Thank you
In page 19 of our WP you be able to read about Risk-Analytics. I use one quote from WP as an answer for your first question:
«Risk-analytics are also miners in the system, supporting the blockchain. By this feature they can explore the whole blockchain that gives them free big data to analyze and improve algorithms. »
As you see all the data in blokchein Gelios network available for analysis for risk analysts.
To answer the second question, I use a spreadsheet from one of the presentations of our project:
AN ILLUSTRATION OF THE RISK-ALGORITHMS MARKETPLACE
Target metrics Risk-algorithm #1 Risk-algorithm #2 Risk-algorithm #3
Country Brazil Nigeria Thailand
Age 18-30 35-40 27-34
Income (Monthly) >1,000$ >200$ 100-200$
Number of previous loans 3 5 0
OS version 4 7 10
Potential annual income 10% 15% 23%
This marketplace gives you a new level of freedom. You can either work with prime-rate custom- ers, with brilliant stats, or with the other segments which mean higher risk and but higher rates . A whole new variety of credit products on the platform is made possible by the platform.
This is just a simplified answer to your question, it is not worthwhile to reveal the model of the borrowers at the forum in detail.
And, of course, you must to remember that this project is backed by the professionals in nancial accounting – Brainysoft company, with more than 15 years of track-record
