Product Spectral Incorporates Avalanche and Polygon Chain Data There have been significant upgrades to Spectral's app since the Open Beta launched in August. Including infrastructure updates, new chains, NFT activity, and new products!
Spectral Team Introducing the Spectronauts Program See the future of finance and want to go deeper? Become a Spectronaut. Get special rewards, training, and early access to features and other benefits by leading our online community.
Education The Art and Science of Credit Scoring Part three of the History of Credit, Credit Intelligence, and Credit Scoring which charts the gradual development of scoring and how it spread, eventually contributing to the credit crisis of 2009. Decentralized scoring is proposed as a potential solution.
News Proof of Solvency: a Potential Path Forward for Centralized Exchanges Centralized exchanges are a major part of the web3 ecosystem, despite their shortcomings. Proof of Solvency and other cryptographic methods could help mitigate potential risks.
Education Credit Intelligence and the Rise of the Bureaus The second in our educational series detailing the history of credit, credit intelligence, and credit scoring. This article focuses on credit intelligence, which grew from informal rumor-mongering to a sophisticated surveillance empire.
Education Nine Solvable Problems with DeFi Recent financial turmoil in the cryptocurrency markets has cast a light on some of the problems with DeFi as it exists today: capital inefficiency, inequality, identity, privacy, stablecoins, asset price volatility, terrible UI and a bad reputation.
Education NFT Safety and Data Science: An Interview with ClubNFT ClubNFT helped create awareness of a major issue with NFTs: what happens to your NFT when the site hosting the artwork associated with your token goes down? Spectral asks them about their new tool, designed to help users find new artists and how to collect NFTs safely.
Education Credit as a Zero-Sum Game (The First 3000 Years) Civilization has gradually reframed borrowing from a zero-sum game of obligation to a mutually beneficial agreement. The first in a three-part series dedicated to the history of credit, credit intelligence, and credit modeling.
Education How SBTs can unlock financial reputation Soulbound Tokens (SBTs) can improve delegation, create a more precise version of the traditional airdrop, streamline paperwork, not to mention offer new opportunities for composability in DeFi lending.
Spectral Team Spectral on the Move: September Recap September saw Spectral's first ever offsite, a myriad of educational resources, news articles and investor blog posts, a meme competition, a Spectral cappuccino, and tens of thousands of new users.
Data Science A Deeper Look at the MACRO Score (Part 2) Part two of our plunge into the intricacies of the MACRO Score. Spectral's data science team describes model evaluation criteria, credit scoring, interpreting MACRO Scores, model monitoring, and future work.
Data Science A Deeper Look at the MACRO Score (Part 1) An in-depth look at the intricacies of the MACRO Score. Our data science team details how they defined the problem, gathered data, engineered features, and constructed a model. Part one of two.
Vision How Web3 Creditworthiness can create Financial Inclusion One theme that may come as a surprise is the close connection between financial inclusion and credit assessment. DeFi offers an unprecedented opportunity to further expand access and accessibility to credit by developing risk assessment infrastructure.
Product How We Launched in Beta and landed 20,000 users in 7 days The response to our Open Beta Launch was overwhelming, over 20,000 users connected their wallets to Spectral’s app and generated a MACRO Score, a personalized assessment of their on-chain creditworthiness. Read on to hear how we got this far.
Product Spectral App V0.3.0 Debuts in Open Beta Today marks a significant day for the Spectral community: The launch of the Spectral App V0.3.0 in Open Beta, a big step toward our vision of creating decentralized credit scoring and building a better, more equitable credit assessment infrastructure for Web3.
Spectral Team Spectral at Fintech Devcon 2022 Given the slump, there was residual fear over the use of blockchain technologies in Fintech. However, crypto ideals such as collaboration, open software, and financial inclusion were well in evidence. Spectral’s verdict: DeFi is here to stay.
Education Introduction to MACRO Score Think of it as an on-chain credit risk assessment score, similar to a traditional credit score except it is generated from on-chain transactions and under a user’s control.
Product Spectral Using Custom Chainlink Oracle to Calculate On-Chain Credit Score We’re excited to announce that Spectral [https://www.spectral.finance/] — a protocol for programmable creditworthiness — has built a custom Chainlink oracle solution to power its Multi Asset Credit Risk Oracle, or MACRO score for short. A user’s MACRO score is calculated using many different pieces of on-chain transaction
Vision The Future of Credit Risk in Web3 — It’s Not Just a Credit Score Written in collaboration with Raymond Anderson [https://books.google.com/books/about/The_Credit_Scoring_Toolkit.html?id=7LlGfPvOJLoC] Before 2010, credit risk assessment methodologies had been relatively stable for many years. Of late, however, gains in computing and data storage and processing efficiencies have accelerated and changed the landscape