- Gluwa wins the Inclusive Fintech 50 competition
- Creditcoin, the cryptocurrency of the Gluwa
The crypto world continues to be acknowledged by firms and organizations around the world. This time, Gluwa, a blockchain platform that combines DeFi infrastructure with investment opportunities, has been selected as a winner of the Inclusive Fintech 50 (IF50), an organization that aims to discover and leverage early-stage fintech.
Tae-Lim Oh, Co-founder and CEO of Gluwa further explained:
We are honored to have been selected for the Inclusive Fintech 50 competition. Our project aims to leverage fintech and crypto to create basic financial services for those who have been unserved until now. Our vision is fully aligned with the spirit of Inclusive Fintech 50, which is why this is going to be a great opportunity for us to create a network with investors or start-ups who want to make the vision a reality.
Furthermore, the competition that the IF50 hosted selects only the top 50 global fintech early-stage companies working on high social impact financial innovations. And, the Gluwa network is one of them. In addition, the competition also secures massive exposure of crypto projects participating in the event. Through this, all participants in the IF50 competition can secure and establish trust with investors worldwide.
In terms of technology, the Gluwa network has its own native token called Creditcoin. This token is said to put down the foundations for a decentralized credit ecosystem by recording lending contracts on a decentralized blockchain. Also, Creditcoin allows Fintech lenders around the world to secure their loan portfolios on its blockchain. As a result, Fintech lenders can proceed with their day-to-day business without worrying about any cyber threats.
Meanwhile, the Gluwa network also has its own non-custodial crypto wallet that secures the crypto assets of its investors with its state-of-the-art security. Finally, the network also launched its latest Gluwa Invest feature, which enables its users to invest and receive up to 12% APY in return. Indeed, with all these achievements, we can say that Gluwa is one of the crypto projects that made the crypto world proud.
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