Centrifuge was established in 2017 with the aim of developing a decentralized protocol based on blockchain technology to rethink how enterprises trade with each other in a more efficient and open manner. By liberating data from currently isolated enterprise systems, we will address issues such as bill processing, payment delays, and fund liquidity that arise from this. Through a new B2B open business protocol, Centrifuge tools can integrate business data on decentralized public networks, creating enormous value, and promoting new use cases and applications, including more open money market supply chains and smart contracts, as well as processing payment transactions when delivering goods and services. Centrifuge was founded by a group of Silicon Valley startup veterans with extensive experience in payment processing and financial technology.Centrifuge has created a lending platform called Tinlake based on its self-developed Centrifuge protocol. On the Tinlake platform, asset initiators can convert real-world assets (invoices, mortgages, car loans, or royalties) into token tokens for loan financing; Reduce costs by simplifying the financing process, thereby improving the liquidity of physical assets and transparency of investments. Currently, Centrifuge's partners include Makerdao, AAVE, Paperchain, ConsolFreight, and others.
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