White Paper 09, Federated Credit Systems, Unbundling Credit Provision
Open Risk White Paper 9: Federated Credit Systems, Part I: Unbundling The Credit Provision Business Model In this (the first of series of three) white paper, we introduce and explore the concept of federated credit systems. We review the rapidly developing fields of Federated Analysis and Federated Learning as already actively studied in the domains of medicine and consumer computing devices. This forms the backdrop for understanding the potential and challenges of applying similar concepts in finance and more particular credit provision.