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Last Update
Aug 2, 2018
Creditor Data Platform is the decentralized ecosystem that creates a transparent and mutually beneficial exchange of data between user and purchaser. Our purpose is to revolutionize the data processing market through a decentralized data exchange, where individuals can sell authentic and verified personal information to data buyers and brokerages.
We show how such an ecosystem has beneficial use cases not only for individuals but also for organizations, non-profits, and researchers through enabling individuals to share data with buyers and they having access to verified personal data.
The data market is growing exponentially with the biggest winners being the social media companies and data brokerages. Users unwittingly agree to the monetization of their data by these companies without any revenue share or reward. It’s difficult to resist a conclusion that there is a clear need for a solution that incentivizes and allows users to claim their digital rights back.
Our proposal is a platform that is built upon blockchain technology empowering individuals to control, trace, and be rewarded for sharing their data. Such a solution gives the opportunity to receive a reward for providing personal information, to access the authentic verified information, and for businesses to mitigate risk against poor and faulty data.
Creditor Data Platform aims to revolutionize data processing market. That is why we created a system, where every client benefits from the use of platform. Both individuals and companies can enjoy data usage we deserve.
Individuals, who upload their data to our platform, receive the following benefits:
- tracking data movement;
- possibility to allow or to prohibit personal data usage for specific companies-buyers of databases;
- receive financial reward for the provision of authentic data.
Companies, which are interested in acquiring authentic databases may be sure, that Creditor Data Platform is their best option! We know, that businesses lose 20-30% of their operating revenue only because of poor data. We in Creditor invented a unique data verification system, which checks all incoming data.
As a result, Creditor Data Platform offers companies a 100%-authentic databases for a price less than market average. Run your business without poor data!
Creditor Data Platform is a fast, secure and scalable blockchain and network project. It runs on a proof, called Proof-of-authority, where blocks represent created approved accounts.
We aim for Creditor Data Platform to be able to host all reasonable applications currently proposed and conceived. Creditor Data Platform plays a role of a huge distributed server, intended to host and provide a variety of services.
Our platform is built on four main components :
March 2017
Sep 2017
Jan 2018
Feb 2018
5th of March 2018
April 2018
Aug 2018
Oct 2018
Feb 2019
March 2019
June 2019
August 2019
September 2019
November 2019
December 2019
April 2020
May 2020
June 2020
January 2024
Verified 100%
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Positives Regulation: With the passing of GDPR, it’s a matter of time before the US adopts a similar framework to help manage user’s personal data. This presents an opportunity for Creditor as data buyers will need a solution to prevent regulatory repercussions. Data Ownership: When users participate in Creditor’s platform, they can rest assured that they’re abiding by GDPR’s rules and regulations. The consent withdrawal is created in contracts between data buyers and data owners. Because of this, users will have full ownership over their data and can share it to any project they choose. Marketing Channels: The funds that are gathered from the Token Sale can be used to create awareness of Creditor’s product. Their main channels will be Google Display Ads, Instagram, Snapchat, and Facebook Ads. There is a strong referral element and incentive for users to add their basic information in the app. Thus, the marketing channels will make it easier for users to sell their data to a wider audience. Negatives Data Protection: Does Creditor have a backup plan to prevent data from getting stolen? How will they compensate users if there is an outside hack on the network? MVP: Creditor has to create an MVP in order for investors to stand behind its project. Doing so will increase their credibility amongst them and help the project grow.
