Equifax breach and the need for blockchain ID / decentralized credit scoring

cryptoisdafuture

full member

Activity: 126

Merit: 100

Yeah this is definitely an area where I've been waiting for a product to satisfy the need. Credit rating agencies hold too much of a monopoly with all the centralized information and so much vulnerability. High-time decent companies on the blockchain disrupt it.

ulhaq

sr. member

Activity: 503

Merit: 286

Bloom is a start-up working on this exact idea:
https://hellobloom.io/

Not only is there a need for decentralized credit scoring, but the Equifax hack makes me bullish on cryptocurrency - the need for people to be able to control their own private keys is very important.

exstasie

legendary

Activity: 1806

Merit: 1521

Nearly half of Americans just had their most sensitive personal data compromised. The most common data points used for identification -- social security numbers, names, addresses, birth dates, driver's license numbers -- all compromised. And people can't change their SSNs (and won't change their names), so this data will be sold on the dark market for years to come.

Which leads me to ask ..... Who is working on decentralized blockchain ID? Decentralized credit scoring? This is a niche that is waiting to be blown wide open! People must be working on this. Can anyone point me to some projects? Upcoming ICOs?

Thanks in advance!

Topic: Equifax breach and the need for blockchain ID / decentralized credit scoring (Read 399 times)