Libra Credit is a decentralized lending ecosystem that enables open access to credit anytime and anywhere, utilizing the Ethereum blockchain. With a global mission to promote financial inclusion and reduce the cost of financial services, Libra Credit leverages its proprietary big data and AI-based credit assessment technology, along with established global partnership networks, to achieve its goals.

Libra Credit aims to provide a seamless digital lending process consisting of 5 steps: application, verification and credit assessment, confirmation, collateral deposit, and disbursement. The platform employs a dual-credit risk scoring mechanism that evaluates both the creditworthiness of the pledged collateral and the borrower's credit information. Borrowers have the flexibility to use any crypto-assets as collateral and receive loans in their preferred asset. Through the use of smart contracts and a specialized collateral valuation and liquidation system, Libra Credit ensures transparency and enforces agreed terms among borrowers, lenders, custodians, guarantors, and liquidators.