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Lending network enables transparent credit history in Africa via blockchain partnership

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African mobile banking platform Aella has partnered with Creditcoin Network to integrate transparent credit history by integrating all its transactions into Creditcoin’s public blockchain.In an announcement sent to Cointelegraph, Creditcoin said that all Aella's credit transactions will be recorded on the Creditcoin blockchain, making it easy to audit and available for viewing through their block explorer.

The recorded transactions will include the terms of the loan as well as payments and repayments.Creditcoin said that the partnership comes with the release of Creditcoin 2.0, an upgrade that makes the network more stable and easier to integrate with.

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