Avalanche, FIS, and Intain launch blockchain gateway to transform community lending
Avalanche, FIS, and Intain have teamed up to overhaul how smaller lenders fund and sell loans, launching a blockchain-based platform dubbed the Digital Liquidity Gateway. The initiative aims to bring transparency and efficiency to the $33 billion asset-backed finance sector — long plagued by slow processes and opaque record-keeping — while allowing community lenders to operate within familiar systems. Sid, founder and CEO of Intain, explained the motivation behind the partnership in an interview with Th ...