High throughput blockchain Keeta and credit data platform SOLO, companies both backed by former Google CEO Eric Schmidt, are introducing an on-chain credit bureau to give digital asset owners access to mortgages, small business loans, and other traditional lending services.Keeta is facilitating SOLO to create PASS, a blockchain-based, bank-grade financial identity layer, using know-your-customer, income, crypto assets, and business credentials, according to a press release on Thursday.Blockchain infrastructure is synonymous with trust, so it makes sense to use the tech to store real world financial credentials, and cater to new digital paradigms within lending.The PASS product creates modern credit rails for wallets, dApps, and embedded finance, while allowing for pseudonymous lending and borrowing based on trusted credentials, the release stated
source: https://www.coindesk.com/business/2025/06/05/ex-google-chief-eric-schmidt-backs-firms-behind-blockchain-credit-bureau