#DeFiGetsGraded

The Revolution of Credit Scores in DeFi aims to transform access to credit in decentralized finance through trust scoring systems based on blockchain. Unlike traditional scores, these utilize on-chain data (transaction history, interactions with smart contracts, loans repaid, etc.) to assess users' creditworthiness without the need for intermediaries. Projects like Aave, Compound, and new decentralized scoring platforms enable individuals without traditional credit history to access financial services. This revolution promotes financial inclusion, transparency, and autonomy, reducing risk through algorithmic mechanisms. However, it faces challenges such as privacy, data manipulation, and standardization. Together, it redefines how trust is built and verified in open and decentralized financial environments.