- Colendi is developing a decentralized credit scoring protocol on blockchain to provide credit access to the billions of people who currently lack access. It aims to assess creditworthiness more accurately than existing systems by using alternative data sources like mobile and social media data. - The current financial system excludes over 2.5 billion "unbanked" adults who have no credit scores and therefore limited access to loans and financing. Colendi seeks to address this through its decentralized scoring model. - Colendi has launched pilot programs with several large companies in Turkey and signed contracts with payment/fintech firms in other countries. It is currently expanding partnerships and developing its technology with the goal of global accessibility to financial services.