Creditor Data Platform

2023-01-30 07:12:07 • 104 Views

About Creditor Data Platform

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.

Features

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!

Technical Info

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 :

Distributed Storage Network: We provide an abstraction over Storj network of independent storage providers to offer storage and retrieval services.
Proof-of-authority: with this approach users can earn the right to be Data Verifiers – one of the key participants of Creditor Data Platform, who are responsible for verification of all incoming information.
Peer-to-peer network, used for accessing the Creditor Blockchain, sending transaction candidates and receiving updates about parts of the blockchain a client is interested in (e.g., those related to the client’s accounts and smart contracts), but also able to support arbitrary distributed services, blockchain-related or not.
A Kademlia-like distributed hash, used for choosing Data Verifier.