 | Credible Network |
Credible is a blockchain network for Business Credit Data
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What is Credible Network
The SmartPesa Credible platform offers a loan marketplace for SMEs, banks, MFIs, peer-to-peer and alternative lenders. Business credit data is owned by the merchants themselves on the SmartPesa Credible blockchain platform and merchants receive PESA tokens from third parties for accessing their data. Merchants are also incentivised to increase the quality and volume of their own data. The SmartPesa Credible credit engine computes credit scores on all merchants. Credit bureaus, lenders and trade partners can filter, search and acquire data in exchange for tokens. All transactions on the SmartPesa Credible platform take place in SmartPesa Credible Tokens (PESA).
Credible Network Roadmap
Run own own nodes.
R&D on Bitcoin/Litecoin RPC + ZMQ. Bitcoin and Litecoin merchant payments.
Register patent for blockchain based payments (SG 10201802929R).
Token Sale.
Testnet launched
Publish credit data model and taxonomy (systematics, structure, hierarchy).
R&D on Credible (data replication, consensus, trial data, noSQL storage), incorporate local offices in PH.
Design Credible RPC (interface, validation), Credible Token acceptance payment.
Launch Credible testate with Credible Explorer. First 20 nodes shared keyring, joining and recovery.
Credible SDKs for Mobile publish Credible RPC interface for add, validate, search, purchase credit data.
Onboard existing merchants onto new blockchain with terminal service provides (TSP) and merchant service provides (MSP).
Sign on data consumers (MFI, banks, loan providers).
Credit scoring model, loan provision support.
Dynamic data pricing exchange.
Token Sale Dates
Presale Period
ICO
Token Allocation
Funding Details
Restrictions
Democratic People’s Republic of Korea - North Korea, Democratic Republic of the Congo, Eritrea, Iran, Libya, Somalia, South Sudan, Sudan, Yemen, United States of America, People's Republic of China
Token distribution
Public - 50%
Treasure/Liquidity - 20%
Early Backers - 10%
Staff - 9%
Partners- 7%
Community Development - 4%
Funds allocation
Operations - 30%
Technology R&D - 30%
Merchant Aquisitions - 15 %
Infrastructure & Hardware - 10%
Marketing - 10%
Legal & Compliance - 5%
Token Price and Payment Options
Project team
Advisors
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