I made a list of partners and tweeted to @ihavecred to help fight hype spam. Cred is a legitimate insured and licensed lender out of California.
Here is my telegram post:
"Anyway.
Lets list current AND formerly announced partners, investors, etc. We can assume some may be "dead" but some are sleepers... Like Goldman Sachs.
Here are the ones I have. (I have sources too, but cant post links)
Binance
BitBuy
BitGo
Bitpie
Bitcoincom
Bittrex
Blockchain at Berkeley
Cannibis Industry (CredMerch)
CI Investments
CoinBit
CoinStats
Crypto Briefing
CryptoSlate
Dinwiddie Inc (NBA link)
Ebay (employee connections)
Edge
Facebook Libra (employee connections)
Goldman Sach (employees+)
Huobi
Ledger
Litecoin
Lockton
MXC
Netflix (employee connections)
NSA (employee connections)
Paypal (employee connections)
Perth Mint upXAU/Austrailia
Gov)
OkeX
PwC
*SOFIPADI*
TradeShift
Tron
Trust Token (TrueUSD?)
UK government
United Protocol Alliance
Uphold
Virtuse
Western Union (employee connections)"
There are more that I missed and major news coming this month per Cred.
Governance coming as well:
Transcript of July AMA
"Hi everyone.
I'm Dan Schatt, co-founder and CEO of Cred.
First, I hope you and your friends and your families are well in this environment. In this crazy time here, all of us at Cred are working from home... mostly in California but but also scattered a little bit throughout the US. I'm I'm speaking to you today from my home in California, but I hope everyone is well.
This is our AMA that is basically in august, ending july and and coming into august now. I've got a lot of great questions from you so I want to just jump right into them and and then give you some updates too.
So, the first set of questions here looks like it relates to the recent news related to the occ, the office of comptroller, that regulates national banks here in the US and their recent announcement basically giving the green light to financial institutions for offering up custody of crypto.
The questions are... basically... does Cred have any partnerships? how does this impact Cred?
Let me say this... you know when we built Cred, it was with this notion that there is no operating system for tokens today for conducting financial services for tokens. [and] You know our notion was that everyone could benefit, not just custodians and wallets and exchanges, but traditional financial institutions that realize that to stay relevant, they're going to need to be able to support lending and borrowing of tokens, in addition to lending a borrowing of fiat.
They would need to get involved as well with crypto and so, Cred today doesn't have banking partnerships but certainly we've been having a number of really interesting valuable conversations with the traditional financial community about this very thing. [and] Cred was really built as an operating system so that institutions can leverage Cred for this sort of thing.
I will say that many of us came from
paypal and when we first joined paypal our team found that most banks were skeptical about paypal… sort of the internet payments, and by the time many of us left paypal we had thousands of banks that had integrated paypal services to make their banking capabilities stronger. [and] I like this expression... history doesn't
repeat itself but it often rhymes.
Really I see the same thing here. Most banks will not look to build their own crypto banking / crypto lending borrowing capabilities … hire a bunch of solidity developers or bitcoin developers.
They'll likely work with people they feel that are legitimate, compliant, [and] licensed in the space. Just as banks have outsourced work in online lending and online banking and bill payment, we expect banks to also license with providers like Cred..."
