MyCreditChain

MyCreditChain

Created using Figma
Created using Figma
MyCreditChain(MCC) aims to bring the ownership of personal data back to individuals. With the conditions of knowledge assembly technology, MCC network gathers personal data from official and commercial websites and packages for data search and stores it on the information owner’s individual devices. MCC aims to come the ownership of individual knowledge back to the owner. In other words, an single can easily collect his/her own individual information in MCC network or straight supply the knowledge to a necessary place so that he/ she can have a filled control over his/her own credit information. MCC provides a impartial stand for both the individuals with their information and the consumers of the information. In this MCC ecosystem, participants regain their ownership of their own knowledge, make their own credit and build their inter-personal business ecosystem. MCC will truly be a fertile and level earth for people and companies as well as AI applications.
Jun 1, 2018
Jun 30, 2018
100% completed
$3 000 000
100% goal completed
past
Apr 12, 2018
Apr 30, 2018
100% completed
$3 000 000
100% goal completed
past
Token Details
Ticker
MYCREDITCHAIN
Accepted Currencies
ETH
Company Details
Registered Country
South Korea
Additional Details
Whitelist
Yes ,
Categories
Smart Contract

About MyCreditChain

MyCreditChain is a blockchain based credit ecosystem. MCC plans to bring the ownership of credit data back to individuals so that they can have a full control over their own information, thus building a more equal society. It brings about a major innovation in credit information that a person’s credit data will become an asset for himself/herself.

Features

The MCC platform consists of blockchains consisting of Ethereum-based Smart Contracts. Data is encrypted and stored in IPFS, which is a distributed storage method and controlled by DAC (Data Access Control). The 3rd party participants can receive services through various APIs provided by MCC and consumers who have personal and credit information can receive services through MCC App to be provided at Application Layer.

MCC provides automatic real time collection of data, which is then encrypted and stored in a distributed storage. Information in that storage can only be accessed by the owner with the PKI or by others with the owner's approval.

The platform's credit rating method is based on daily airdrops of 10000 tokens. All participants in MCC network get three seeds every day. The seeds have no value unless they are given to some else. The 10,000 tokens are, then, shared among the seed receivers in proportion to all seeds received in the network. Airdrop can be used to analyze the trust between individuals in a his/her group. MCC is a P2P network that can be used to generate personal credits, such as reliability measurement using the network structure of trust couples and trust unions that share credit among network participants, and the information provide analysis on behavior patterns with conjunction with offline based data (address book, IoT, location information, etc.).

MCC platform can be linked with 3rd parties and can be ported to other blockchain networks.

Along with traditional credit ratings, such as annual income, years of working, position, and level of wealth, MCC collects information such as information stored in public institutions, financial transaction history, consumption behavior, personal big data from analysis of SNS activities and communication data and interpersonal confidence index generated in the MCC airdrop. Information is gathered using Scrapping and DRM Parsing solution.

MyCreditChain Roadmap

  • April, 2018

  • Token Sales.
  • Q2, 2018

  • MCC Token Exchange listing.
  • Q3, 2018

  • DB construction, participant test.
  • Q4, 2018

  • Recruit of participants and P2P Airdrop start.
  • Read More
  • Q1, 2019

  • Service launching.

Activity

Activity:
10
VERY LOW
Posts:
474
MEDIUM
Views:
2 835
LOW
Posts:
1 165
VERY HIGH
Followers:
11 934
VERY HIGH
Likes:
11 538
VERY HIGH
Rating:
4.90
VERY HIGH
Followers:
325
VERY LOW
Tweets:
262
MEDIUM
30 Days Growth:
5
Members:
7 519
HIGH
30 Days Growth:
-537

MyCreditChain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Jaebong Yang
Founder & CEO
unverified
Woosik Kim
Founder & COO
unverified
Jongyoung Moon
CTO
unverified
Moohyun Kim
Consultant
unverified
Kiseung Nam
Full Stack Developer
unverified
Sangho Kim
Blockchain Developer
unverified
Chulwoo Jung
Full Stack Developer
unverified
Inkyu Jeong
Full Stack Developer
unverified
Donggun Lee
Blockchain Developer
unverified
Hoshik Choi
Blockchain Developer
unverified
Namsuk Choi
Graphic Designer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

3 ICO

$6 928 400

Changki Park
Advisor
unverified
Gongpil Choi
Advisor
unverified
Keunsup Song
Advisor
unverified
Eddie K. Choi
Advisor
unverified

2 ICO

$6 928 400

Hankyul Park
Advisor
unverified
Justin Hur
Advisor
unverified
Jinho Lee
Advisor
unverified
Seungbae Lee
Advisor
unverified
Chulwoong Kim
Advisor
unverified
Youngchun Kim
Advisor
unverified

3 ICO

$6 928 400

Minsu Park
Advisor
unverified
Wonjae Lee
Advisor
unverified

2 ICO

$30 000 000

Don Chan
Advisor
unverified
Byunghee Son
Advisor
unverified
Jaehyung Kim
Advisor
unverified

MyCreditChain Last News

3.76
stable
5.0 2
ICO Profile Vision Activity Potential Product Team

MyCreditChain Reviews

expert-coin.com
reviews

The MyCreditChain project has the following advantages:

Product is relevant and in demand;
Strong and large team.
The disadvantages of the project are the following:

Lack of business plan and marketing strategy;
Lack of market and competitive environment research.

Read More
bitcoinexchangeguide.com
reviews

My Credit Chain attempts to solve one of the most pressing issues that plague the financial services industry today: the centralization of private, consumer data. By leveraging blockchain technology, My Credit Chain could help give the power back to the individual instead of over-leveraged financial institutions that are known to abuse their position in the market for personal gain.

Read More
icorating.com
ICO review website

In summary, the project has scalability potential and it could be integrated into the Korean banking system and market research industry at an early stage. The project also has favorable development timeframe and ICO parameters. Negative factors include the questionable premises for token use and non-homogeneous factors for market expansion, i.e. it will be problematic to introduce the ecosystem to the loan market straightaway.

The Multiversum project is at an early development stage; this becomes clear from the documentation’s quality, which still has some issues and lacunae. It is most likely that the project has been recently revised. There is no other explanation for the fact the WP and the site have different team descriptions.

The project’s risks are mainly associated with the large number of services envisaged. Such an ambitious project and its blockchain 4.0 status imply some pressure,  requiring a sufficient amount of effort from the team. The project is under the spotlight, and the community will treat any negative news with great suspicion.

The competitive risks are also substantial.  Such fundamental projects do not have a specific niche, unlike many utility tokens. Any such protocol adopted by the community as a standard could close the doors for its competitors.

 
Read More
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