trade credit is old tech. the catch is always the oracle for default risk. if you aren't verifying these credit lines on your own node, you're just outsourcing the trust to a new gatekeeper.
It’s precisely not „old“ Technology.
The Bitcredit Protocol Runs on Bitcoin rails, it needs no Oracle.
Either the payment is verifiable on mainchain, or the e-bill is dishonoured.
The Bitcredit Protocol Runs on Bitcoin rails, it needs no Oracle.
Either the payment is verifiable on mainchain, or the e-bill is dishonoured.