Ep 71 | On-Chain Credit & the Future of Lending with Ryan Berkun of Teller

Access to credit is fundamental for everyone who wishes to secure a better future for themselves. Yet millions of would-be borrowers worldwide lack this access, in part because they have little opportunity to build the kind of identity and reputation that lenders seek.  Teller* Founder and CEO Ryan Berkun wants to disrupt this system. Ryan believes blockchain technology can dramatically expand access to credit, enabling people with limited capital to not only borrow with greater simplicity, but also build an on-chain identity and reputation that’s open, transparent, and portable.  Ryan sees the merger of on-chain technologies with off-chain assets as the next great extension of the American dream. Home loans, auto loans, and even student loans and other personal debt could all eventually be supported with the types of marketplaces he’s cultivating. This emerging infrastructure could enable a new wave of financial inclusion and economic activity that offer the prospect of rising prosperity for millions while protecting their identity and privacy. *Teller is a Circle Customer with a Circle account