Decentralized lending protocol RociFi announced its partnership with Gora, an omni-chain oracle network, to integrate its on-chain credit scores to Gora's oracle data feeds. RociFi will provide its credit score data to Gora, which will make it possible for decentralized applications to access real-time Web3 credit scores on the blockchain.
RociFi is a credit market with an on-chain credit scoring model. By analyzing users' on-chain history, with focus on credit risk, fraud risk, and reputation risk, it allows users to access better borrowing terms.
With the partnership, RociFi becomes a new official data provider for Gora. By integrating credit scores in the oracle network, Gora will be able to provide DeFi and Web3 projects enhanced risk assessment capabilities to build new use cases for their users, such as lower borrow rates, spam filters, privacy attestation, and more.
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DeFi
Lending
Oracle
