You talk very confidently about something you don't seem to know much about.
1. >You can't put real world events on blockchain
Yes you absolutely can, look into decentralized oracle projects like Chainlink or Augur for more info.
2. Loans already exist fully onchain, look into Aave and Compound. Loans are overcollatoralized so 'credit' of address doesn't matter. They haven't figured out undercollatoralized loans yet, but it's just a matter of time before we get propor decentralized identity, which will open opportunities for credit creation on chain.
3. As for titles to realestate, its just a matter of time before goverments recognize deeds held on chain as legitimate, and then that problem is solved.
1. >You can't put real world events on blockchain
Yes you absolutely can, look into decentralized oracle projects like Chainlink or Augur for more info.
2. Loans already exist fully onchain, look into Aave and Compound. Loans are overcollatoralized so 'credit' of address doesn't matter. They haven't figured out undercollatoralized loans yet, but it's just a matter of time before we get propor decentralized identity, which will open opportunities for credit creation on chain.
3. As for titles to realestate, its just a matter of time before goverments recognize deeds held on chain as legitimate, and then that problem is solved.