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Supra Partners #55 – SupraOracles and KILDE Announce Partnership to Bring Crucial Consumer & SME Loan Data to the Blockchain

December 03, 2021 - 3 min read

We are delighted to announce that SupraOracles has partnered with KILDE, a regulated investment platform for alternatives that enable consumer and SME lending firms (Non-Banking Financial Institutions) to raise debt capital with institutional investors. Through this partnership, KILDE will be able to store crucial data about consumer loans to the blockchain, thereby creating an immutable record of each loan and its performance.

Alternative investments have been consistently growing, and are expected to hit $17.16 trillion by the end of 2025. KILDE will fall directly into this sector, as digital markets for alternative assets are increasingly important drivers of this growth, as found by Orbis Research

KILDE investment platform solves the problem of risky participation in securing these alternative investments. As they have a license to deal in securities, they’re able to securitize these alternative assets into privately placed securities, ultimately giving investors the same perks of securities coupled with the added benefits of trust, speed, and simplicity. KILDE has become a one-stop solution for both institutional and HNWIs investors looking for volatility-free regular returns. 

KILDE processes over 500,000 data points on consumer loans each month for each customer in South Asia alone. By turning vast amounts of data into actionable risk & return metrics, the platform turns these loans into investable assets. 

The partnership with SupraOracles will enable KILDE to store critical data regarding consumer loans directly to the blockchain, enabling access to an immutable record of loans and their performance. SupraOracles brings real-world data to public and private blockchains through its interoperable solution, standardizing real-time data and pricing across digital security marketplaces.

By partnering with SupraOracles, KILDE will cement its secure online services. On top of the immutable record, this collaboration enables, KILDE can utilize the performance data to activate payouts for investment smart contracts using SupraOracles’ interoperable solutions.

Radek Jezbera, CEO of KILDE, commented:
“Oracles are a vital part of the digital assets ecosystem. We have chosen to partner with SupraOracles because of the speed, accuracy, and reliability of their solution. It is truly a next-generation oracle that we can build our products upon.” 

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“KILDE’s creativity in transforming critical data points is admirable and SupraOracles is committed to powering KILDE’s online capabilities. Our interoperable solutions are ready to tackle even the most complex challenges in the DeFi industry. As KILDE scales and grows its suite of products, we will be dedicated to staying on the cutting edge of innovation to reinforce and nurture product development.” 

About SupraOracles 

SupraOracles is helping bridge the gap between traditional capital markets and the Web 3.0 ecosystem. Their vision is to enable the developer community through a powerful cross-chain oracle. SupraOracles brings real-world data to public and private chains, enabling interoperable smart contracts that help secure the future of financial markets – it also provides developers with a toolset to create, deploy, and manage data applications with superior performance, agility, and robustness. 

Join SupraOracles’ community:
Website | Twitter | Telegram | LinkedIn | Announcements | Medium

About KILDE

Kilde is a regulated investment platform for alternatives. They operate as a two-sided platform connecting institutions / HNWI with securitized private investments. Their main alternative asset classes are private debt, venture debt, and recurring revenue financing. Kilde has partnered with leading non-banking consumer & SME lending firms to give investors safe and controlled access to consumer lending assets. Their unfair advantage is vast accumulated data on consumer & SME assets performance as well as scalable investment and securitization tech platforms. Thanks to Kilde’s license for dealing in securities, they securitize alternative investments into digital securities.

Join KILDE’s community:
Website | LinkedIn | Medium

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