Case Study
The Future of Credit Reporting
The Strategy To address this issue, ShoCard, a leading blockchain- based identity management system (IMS), together with CreditInfo, a leading service provider for credit information and risk management solutions worldwide, partnered to design an end-to-end solution, which would allow CreditInfo to certify a customer’s credit score and related information on the blockchain, binding the certification to that specific customer. The customer would then be able to present their credit information to any third party anywhere in the world. Since the customer volunteers their own data, they don’t need to give an additional separate privacy approval. The receiver of the information would then validate the authenticity of the data to ensure it came from CreditInfo. Challenges Credit