Reinventing Credit Scoring
PreICO dates
Start date: 2018-09-15
End date: 2018-10-15
ICO dates
Start date: 2018-10-15
End date: 2018-11-15
Registrated in: Singapore
Platform: Ethereum
Type: ERC20
PREMIUM ICO
Video
KYC passing required No |
Whitelist Yes |
Restriction for countries
China,USA
Soft cap | 5,000,000 USD |
Hard cap | 18,500,000 USD |
Tokens for sale | 250,000,000 |
Token distribution in ICO |
Price in PreICO | 1 PESA = 0.09 USD |
Acceppting | BNB,BTC,ETH |
Bonus in ICO | Up to 20% |
Credible is the only global distributed ledger to store business credit data on the blockchain in a way that disrupts the incumbent credit bureaus and inefficient loan processes. And we’re doing this to solve the $5.2 trillion funding gap suffered by SMEs each year who struggle to gain credit because of a lack of trustworthy data.
How does it work?
Credible democratizes credit data ownership, putting it back into the hands of businesses. It’s credit data built to be open and accessible.
1) Data Collection - Businesses own their own data. They are incentivized to build strong credit histories as they share their business credit data on the blockchain.
2) Data Usage - Our ecosystem connects lenders, data providers, credit scorers, researchers & enterprises to contribute, verify and consume credit data.
3) Financial Marketplace - The Credible marketplace is open to purchase raw data, value added credit reports and loan provision facilitated by Trusted Escrow Agents (TEAs).
Technology
Credible has its own infrastructure, a blockchain network for public access, querying and data contribution. It is multi-country and will comprise a large number of nodes, each a Trusted Escrow Agent (TEA):
- Credible uses blockchain in a novel way to store cryptographically secured data
- Tendermint validators ensure Byzantine-fault tolerance across all nodes
- We adopt MongoDB as our storage layer in a noSQL database for large datasets
- Flexible JSON data models for hierarchy, classification and querying across credit data
Our code and design is and will always be open source and is shared on Github. We encourage collaboration and welcome suggestions to improve the design and flow of Credible.
Team
SmartPesa is the team behind Credible. It is an experienced payments and agency banking FinTech which has been powering transactions for over 8,000 business owners in 5 countries since 2014. SmartPesa’s regulatory and standards compliant platform-as-a-service provides a range of financial services across the last mile in Emerging Markets. It can be deployed on-premises or in the cloud and supports international and local cards, wallets, APIs as well as cryptocurrencies.
Credible is the SmartPesa’s team 3rd Blockchain project after successfully rolling out CryptoPayments and CryptoATM which are part of the SmartPesa product suite. We see our role as developing the first wave of Credible, helping to add data and becoming the first TEA.
How does it work?
Credible democratizes credit data ownership, putting it back into the hands of businesses. It’s credit data built to be open and accessible.
1) Data Collection - Businesses own their own data. They are incentivized to build strong credit histories as they share their business credit data on the blockchain.
2) Data Usage - Our ecosystem connects lenders, data providers, credit scorers, researchers & enterprises to contribute, verify and consume credit data.
3) Financial Marketplace - The Credible marketplace is open to purchase raw data, value added credit reports and loan provision facilitated by Trusted Escrow Agents (TEAs).
Technology
Credible has its own infrastructure, a blockchain network for public access, querying and data contribution. It is multi-country and will comprise a large number of nodes, each a Trusted Escrow Agent (TEA):
- Credible uses blockchain in a novel way to store cryptographically secured data
- Tendermint validators ensure Byzantine-fault tolerance across all nodes
- We adopt MongoDB as our storage layer in a noSQL database for large datasets
- Flexible JSON data models for hierarchy, classification and querying across credit data
Our code and design is and will always be open source and is shared on Github. We encourage collaboration and welcome suggestions to improve the design and flow of Credible.
Team
SmartPesa is the team behind Credible. It is an experienced payments and agency banking FinTech which has been powering transactions for over 8,000 business owners in 5 countries since 2014. SmartPesa’s regulatory and standards compliant platform-as-a-service provides a range of financial services across the last mile in Emerging Markets. It can be deployed on-premises or in the cloud and supports international and local cards, wallets, APIs as well as cryptocurrencies.
Credible is the SmartPesa’s team 3rd Blockchain project after successfully rolling out CryptoPayments and CryptoATM which are part of the SmartPesa product suite. We see our role as developing the first wave of Credible, helping to add data and becoming the first TEA.
Credible Network search trends in Google
Credible Network Roadmap
Nov 2017 - Feb 2018
Run own own nodes.
R&D on Bitcoin/Litecoin RPC + ZMQ. Bitcoin and Litecoin merchant payments.
R&D on Bitcoin/Litecoin RPC + ZMQ. Bitcoin and Litecoin merchant payments.
APR 2018
Register patent for blockchain based payments (SG 10201802929R).
JUN 2018 - AUG 2018
Token Sale.
Aug 2018
Testnet launched
Q3 2018
Publish credit data model and taxonomy (systematics, structure, hierarchy).
Q4 2018
R&D on Credible (data replication, consensus, trial data, noSQL storage), incorporate local offices in PH.
Q1 2019
Design Credible RPC (interface, validation), Credible Token acceptance payment.
Q2 2019
Launch Credible testate with Credible Explorer. First 20 nodes shared keyring, joining and recovery.
Q3 2019
Credible SDKs for Mobile publish Credible RPC interface for add, validate, search, purchase credit data.
Q4 2019
Onboard existing merchants onto new blockchain with terminal service provides (TSP) and merchant service provides (MSP).
Q1 2020
Sign on data consumers (MFI, banks, loan providers).
Q2 2020
Credit scoring model, loan provision support.
Q3 2020
Dynamic data pricing exchange.
CEO & Co-Founder
Chief Marketing Officer
Blockchain, Intellectual Property Advisor
Entrepreneurial Business Leader, Investment
Payment & Cryptography Specialist
Senior Developer
Head Of Engagement
Operations Manager
Senior SDK Engineer
CGAP Consultant, SUSS Fellow, Travelkhana
Cryptography & Blockchain Engineer
SENIOR SOFTWARE ENGINEER
CEO/CTO/Founder
Android & iOS Engineer
Business Development
CTO & Architect
Backend & Blockchain Engineer
Cryptocurrency Fund Manager, Blockchain Technologies