Karma and Ink Protocol have teamed up to build an economy of trust.

Announcing our Partnership with Ink Protocol to Improve Trust in P2P Lending: Ink Protocol and Karma have teamed up to build an economy of trust across all types of P2P transactions.

We have some fantastic news to share! Ink Protocol will be partnering with Karma to help power improved trust in decentralized cross-border P2P loans. With this integration, Karma lenders will be able to leverage the Ink reputation of borrowers to build an even more comprehensive view of a user’s trust, while Ink Protocol users will be able to view a seller’s Karma reputation. Users will also be able to leave Ink Protocol reviews for each other and rate their borrowing experience.

Ink Protocol was developed by Listia, a P2P marketplace for buying and selling used goods online.

One of the long term goals of Ink Protocol, in addition to powering globally trusted P2P transactions, is to help Karma to create an ecosystem and economy of trust that includes reputation signals from many sources. Combining transactional reputation with borrower/lender reputation is a huge step in this direction and will one day help replace the centralized “credit scores” that dominate today.

Karma’s mission is to build the economy of future, where the main source is trust between people because it gives the opportunities to exchange goods, services and products without intermediaries. Such market, that has transparency, flexibility and independence will attract more and more people and resources. Karma’s P2P platform allows to break down barriers between countries with available free capital and places where people don’t have chance to take a loan because of defensive bank rates. In the future, Karma will become a platform that creates community of mutual trust around the world.

Find our more here: https://www.karma.red/