The decentralized social credit network Webtransfer is a revolutionary peer-to-peer system that allows people to directly lend and borrow from each other. Based on the principles of decentralization and blockchain technology, it ensures transparency and trust through smart contracts. In this world, intermediaries become obsolete, and trust is built on the strength of smart contracts and cryptographic security. In Webtransfer, every participant has the ability to directly lend and borrow, eliminating traditional barriers and risks.
Each participant in this network has a social credit score that is dynamically adjusted based on their actions and interactions within the community. This indicator reflects their reliability and integrity, making it an important tool for assessing the risk of lending or borrowing from others. Thus, each person has the opportunity to influence their financial destiny, rather than relying on faceless corporations.
**How does it work, you might ask?** It’s actually q