Lending protocol 3Jane releases white paper, allowing unsecured loans

On March 12th, 3Jane announced the release of the white paper for the lending agreement, allowing users to borrow without any collateral. The white paper states that 3Jane provides funds based on verifiable financial proof rather than on-chain collateral. Additionally, using zkTLS (zero-knowledge TLS) to connect on-chain and off-chain credit data for more accurate risk assessment. Non-performing loans are handled through on-chain auctions, with bids from US debt collection agencies for purchase.