What is BankSocial?

BankSocial is described as a peer-to-peer decentralized lending platform built on Ethereum. The project’s stated plan is for participants to hold its $BSOCIAL token, with all token sales redistributed.

The description also states a proprietary BLOCKSCORE social credit scoring system and a social consensus lending pool. It further says lending would be asset-backed and implemented using smart contracts, but it does not provide additional details on technical architecture, token supply or cap, or governance model.