Credible Network PESA ICO crowdsale price rating, token, roi, Credible Network scam report, status

Credible Network

Token: PESA

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

PREMIUM LISTING

More info

Credible Network categories

Banking

Credible Network whitepaper

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Video

Credible Network token sale

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	50% 50%

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.