Overview:
Creditor Data Platform is a blockchain project which enables exchange of data between provider and purchaser on a transparent platform. Many inefficiencies and security issues has risen in the global data industry. People do not feel safe for submitting their personal data and organizations in turn cannot rely on the data they get from the data points to take appropriate decisions. Creditor Data Platform is providing a solution by changing the way data is collected and processed today. It will reward users for sharing their data also they can track their data and have a total control over it. Organizations will also be benefitted as they can meet the needs of the customers more accurately. CDPT tokens will be used in this ecosystem.
Challenges:
The Global data industry is facing problems. Large amount of poor and inefficient data is available over the internet which acts as a barrier for organizations to take decisions and identify the target market and their needs. On the other hand, individuals who provide their personal data do not get any rewards for doing so. Such individuals are also not able know where their personal data is being used and how. Due to this reason individuals do not submit their personal data.
Solution:
Creditor Data Platform is providing solution to the above addressed platform. By exchanging data on a decentralized platform, it will give individuals their ownership of data. Individuals can also earn rewards or incentives by sharing their personal information.
Creditor Data Platform:
This platform consists of following elements:
• Data Owner: Data owners are the individuals who provide their personal information on this platform and in turn earn rewards. companies, websites, commercial agencies, social networks, media etc, can also be considered as data owners as they contain large databases.
• Data Verifiers: Data Verifiers are the one who check the authenticity of the data provided by data owners. By doing so data verifiers get tokens as a reward.
• Data Buyer: The clients of the platform who want to purchase data from the platform are called data buyers. commercial banks, credit organizations, marketing agencies etc. come under data buyers.
• Storj.io: This is a decentralized cloud storage which protect the data stored on the platform. This cloud storage is based on blockchain technology.
How It Works?
Data owner submits his/her personal data on the platform. The personal data here includes social media info, browsing history, email communication, health data, IoT data, transactional data, etc. After the data is submitted, data verifiers verify the data by interacting with other data verifiers. After the data is verified and found to be true, the data is stored in Storj.io. Data buyers post their project details on the platform which will consist of the type of data they are looking for. The platform then matches this requirement with the data owners and the data owners are asked whether they wish to participate or not. Data owners can track the data on the transparent platform and can see how their data is being used and for what purpose.
Team:
Viktor Ihnatiuk (Co-Founder and CEO)
He has 6 years of entrepreneurship experience. In his 23 years he achieved a lot: founded peer-2-peer lending platform uCredit that was acquired in 2016, was 29 Creditor Data Platform hired as a CEO of Boxdrive — one of the first companies that operates in decentralized cloud storage market.
Yehor Butko (Co-Founder and CTO)
Served as Tech Lead for Luxoft and Global Logic companies, associating him with companies within the financial sector, cybersecurity, and oil & gas industry. Yehor and Viktor started Creditor in March 2017. Later Yehor joined an external team of Storj Labs as a software developer
Zoltan Szalas (Advising CMO)
He has extensive experience in technology, marketing, and strategic partnerships. He is the Co-Founder & CMO of Croissant, a world’s leading digital coworking pass that operates in over 20 cities with over 10,000+ customers worldwide. He is also an avid 30 Creditor Data Platform crypto investor and the Founder of Zaruti, a savings account for cryptocurrencies.
Token Matrix:
Token – CDPT
Total Supply – 3.4 billion CDPT
Price – 1CDPT = 0.000044 ETH
Soft Cap – $2M USD
Hard Cap – $20M USD
Public Pre-Sale – 31st July to 30th August 2018
Crowd Sale – 2nd September to 16th October 2018
Verdict:
Pros:
• The team behind the project has experience in cloud storage, finance, cybersecurity, software development, cryptocurrency etc.
• The whitepaper and roadmap of this project has detailed information about the project.
• The project has partnered with Debitize, Taplend and invFintech.
• The MVP of this platform for lending companies is available on the website.
Cons:
• The project has very social media reach. It has around 100+ followers on Twitter and around 1400 members on Telegram.
• There are only 2 advisors for this project.
• The project should board in team members who have blockchain experience.
Website: https://creditor.ai/
Whitepaper: https://creditor.ai/documents/Whitepaper.pdf
Telegram: https://t.me/creditorplatform
Twitter: https://twitter.com/datacreditor
ANN thread: https://bitcointalk.org/index.php?topic=4542669.msg40891792#msg40891792
Bounty0x name: rashmishetty
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c