I do not like to use a smartphone. Unfortunately, we use it mandatory. I could not trade if it were not smartphones.
Nowadays it has become compulsory
Topic: Is your smartphone your best friend? (Read 166 times)
Yes, they are very facilitate our everyday life in terms of useful applications . but at the same time there is access to our personal space , personal information , photos and much more . and at one point can all overlap and all and nothing you do not (((((
So the idea is to let an application access all kinds of personal data, voluntarily losing all your privacy, to calculate your credit score based on parameters as inefficient as your musical tastes or how many posts you write a week on your social networks. I'm sorry but it doesn't convince me.
This is a longer application for special services, such as FBR or FSB. Now generally, big problems with confidentiality ((((
actually my smart phone in not my best friend its good to say it is the gadget very useful to everyone not because for using to earn income it is good for en emergency action like you can easily call your friends or chat them for important conversation.
So the idea is to let an application access all kinds of personal data, voluntarily losing all your privacy, to calculate your credit score based on parameters as inefficient as your musical tastes or how many posts you write a week on your social networks. I'm sorry but it doesn't convince me.
For me i think yes because it can reach me to my love ones heared their voices or having a conversations,and most of all i uses my smartphones to join here in bitcointalk trying to have some a little works and efforts just to earn extra money and this phone i uses its my partner to become a succesfull someday.
In August 2017, researchers have revealed that a good credit history helps to find your true love. Discover Financial Services and Match Media Group, the developers of the Tinder online dating application, found out that high credit scores increase your chances to find your real love. 69% of respondents of both sexes mentioned financial responsibility as a “very” and “extremely” important trait in a potential partner. It attracts them more than a good sense of humor (67%), nice appearance (51%), ambitiousness (50%), courage (42%) and humbleness (39%).
That’s why it can be possible soon that a girlfriend or a boyfriend will examine your smartphones not to catch you on cheating but to decide on how good your credit history is. At least, there is such tendency. However, not only sweethearts but also banks, online stores, and other services are interested in your credit score.
Today your personal smartphone can provide much more information about you than you can imagine. Without any exaggeration it contains all your life: all the contacts, money transactions, searches in searching engines, accesses to social networks as well as to different services and applications, e-wallets, QR codes, etc.
There is a fintech project that is able to use all this data to determine your credit score. A blockchain credit bureau MicroMoney knows the way to apply such kind of information to approve you a loan. And it has its positive sides because providing an access to mobile data is much easier than collecting paper-based documents to prove your creditworthiness. You just need to complete your loan application within the MicroMoney’s mobile Android application. It gets all the information as soon as you click a button “Send a request”.
MicroMoney builds up its risk assessment strategy exploring all the data available from a customer’s smartphone. The company designed its own scoring system based on neural networks, AI algorithms, and Big Data tools. So after you signed an agreement to process your personal data (it’s no way to do it without your agreement, of course) the system will gather everything: your SMS, contacts, applications you downloaded, social accounts you have and all the information from them, your searches, video you like to watch on Youtube and music you are playing more frequently, and even your daily traveled distance.
About 10,000 different parameters become available. They include places where you work, have lunch, have dates, go shopping, sleep… You might ask how these details can reflect the creditworthiness?
Turns out, each of these parameters has its own impact on your credit rate! For example, if you have a LinkedIn profile it makes your creditworthiness 30% better. You will get 50% of points to your reliability if you post to your social accounts often. Vice versa, if you like a hip-hop music a lot, you will get fewer points and the same for those who completed the fields in their loan application for too long. So, the results will be in numerical form between one and a thousand, allowing the system to approve the loan application automatically after a set amount is reached. By the way, the scoring system not only evaluates each parameter found but uses social network information to confirm a customer’s name, date of birth, employer, school or university degree and contact details. And if you have the same information everywhere it means you are the more reliable person. So there is no way to cheat the system because it is your smartphone to reveal the truth.
Is it really as frightful as it might seem? In case a borrower is a bona fide one, he or she will approve a credit independently just by staying himself or herself. Moreover, there is one huge advantage of the method. If you are unbanked and do not have a credit history but your smartphone proves that you are creditworthy, the system will allow you to get a social loan and this way to start your credit history from scratch, eventually, and, probably, to apply for financial services you had no access to before. Here your smartphone acts as your best friend which helps you to enter in the world financial system.
yeah that is funny
and smartphone is a really my best assistant
Yes , one can say his/her mobile phone as best friend as most of their time is spent with phone. Same is the case with me.I think its impossible for us to live without smart phone in today's era.
my fone is my close companion,it is my bundle for business and leisure and educaation
Of course, the smartphone is my second wife at the moment and without my smartphone can not make money and information including it about cryptocurrency and other news, smartphone is very useful for my life.
Because of the smartphone we can find anything and do anything online.
Because of the smartphone we can find anything and do anything online.
Yes of course smartphone is my best friend although it is only an object, and I think not only I who justify if the smartphone is the best friend, I think all the people in the world as well, because in addition to help us more easily in accessing the internet,smartphone also can help us in knowing the news that happen around the world ...
Most mobile phones make it easy for every user. With mobile phones everyone can interact at any activity anywhere and anytime. Consequently dependence on the phone happens especially now that there has been a smart phone that can access the application with sophisticated. So the importance of mobile phones for everyone.
Yes, we can’t live without smart phones nowadays. Even cell phone dependence has occurred, and one cannot see it without feeling safe. Although I know that many software applications on smart phones steal my privacy in various ways, I have no choice but to sacrifice my privacy in exchange for efficiency.
https://cdn-images-1.medium.com/max/800/1*QOzYUx-CrSlNzW2NWMFc7g.jpeg
In August 2017, researchers have revealed that a good credit history helps to find your true love. Discover Financial Services and Match Media Group, the developers of the Tinder online dating application, found out that high credit scores increase your chances to find your real love. 69% of respondents of both sexes mentioned financial responsibility as a “very” and “extremely” important trait in a potential partner. It attracts them more than a good sense of humor (67%), nice appearance (51%), ambitiousness (50%), courage (42%) and humbleness (39%).
That’s why it can be possible soon that a girlfriend or a boyfriend will examine your smartphones not to catch you on cheating but to decide on how good your credit history is. At least, there is such tendency. However, not only sweethearts but also banks, online stores, and other services are interested in your credit score.
Today your personal smartphone can provide much more information about you than you can imagine. Without any exaggeration it contains all your life: all the contacts, money transactions, searches in searching engines, accesses to social networks as well as to different services and applications, e-wallets, QR codes, etc.
There is a fintech project that is able to use all this data to determine your credit score. A blockchain credit bureau MicroMoney knows the way to apply such kind of information to approve you a loan. And it has its positive sides because providing an access to mobile data is much easier than collecting paper-based documents to prove your creditworthiness. You just need to complete your loan application within the MicroMoney’s mobile Android application. It gets all the information as soon as you click a button “Send a request”.
MicroMoney builds up its risk assessment strategy exploring all the data available from a customer’s smartphone. The company designed its own scoring system based on neural networks, AI algorithms, and Big Data tools. So after you signed an agreement to process your personal data (it’s no way to do it without your agreement, of course) the system will gather everything: your SMS, contacts, applications you downloaded, social accounts you have and all the information from them, your searches, video you like to watch on Youtube and music you are playing more frequently, and even your daily traveled distance.
About 10,000 different parameters become available. They include places where you work, have lunch, have dates, go shopping, sleep… You might ask how these details can reflect the creditworthiness?
Turns out, each of these parameters has its own impact on your credit rate! For example, if you have a LinkedIn profile it makes your creditworthiness 30% better. You will get 50% of points to your reliability if you post to your social accounts often. Vice versa, if you like a hip-hop music a lot, you will get fewer points and the same for those who completed the fields in their loan application for too long. So, the results will be in numerical form between one and a thousand, allowing the system to approve the loan application automatically after a set amount is reached. By the way, the scoring system not only evaluates each parameter found but uses social network information to confirm a customer’s name, date of birth, employer, school or university degree and contact details. And if you have the same information everywhere it means you are the more reliable person. So there is no way to cheat the system because it is your smartphone to reveal the truth.
Is it really as frightful as it might seem? In case a borrower is a bona fide one, he or she will approve a credit independently just by staying himself or herself. Moreover, there is one huge advantage of the method. If you are unbanked and do not have a credit history but your smartphone proves that you are creditworthy, the system will allow you to get a social loan and this way to start your credit history from scratch, eventually, and, probably, to apply for financial services you had no access to before. Here your smartphone acts as your best friend which helps you to enter in the world financial system.
In August 2017, researchers have revealed that a good credit history helps to find your true love. Discover Financial Services and Match Media Group, the developers of the Tinder online dating application, found out that high credit scores increase your chances to find your real love. 69% of respondents of both sexes mentioned financial responsibility as a “very” and “extremely” important trait in a potential partner. It attracts them more than a good sense of humor (67%), nice appearance (51%), ambitiousness (50%), courage (42%) and humbleness (39%).
That’s why it can be possible soon that a girlfriend or a boyfriend will examine your smartphones not to catch you on cheating but to decide on how good your credit history is. At least, there is such tendency. However, not only sweethearts but also banks, online stores, and other services are interested in your credit score.
Today your personal smartphone can provide much more information about you than you can imagine. Without any exaggeration it contains all your life: all the contacts, money transactions, searches in searching engines, accesses to social networks as well as to different services and applications, e-wallets, QR codes, etc.
There is a fintech project that is able to use all this data to determine your credit score. A blockchain credit bureau MicroMoney knows the way to apply such kind of information to approve you a loan. And it has its positive sides because providing an access to mobile data is much easier than collecting paper-based documents to prove your creditworthiness. You just need to complete your loan application within the MicroMoney’s mobile Android application. It gets all the information as soon as you click a button “Send a request”.
MicroMoney builds up its risk assessment strategy exploring all the data available from a customer’s smartphone. The company designed its own scoring system based on neural networks, AI algorithms, and Big Data tools. So after you signed an agreement to process your personal data (it’s no way to do it without your agreement, of course) the system will gather everything: your SMS, contacts, applications you downloaded, social accounts you have and all the information from them, your searches, video you like to watch on Youtube and music you are playing more frequently, and even your daily traveled distance.
About 10,000 different parameters become available. They include places where you work, have lunch, have dates, go shopping, sleep… You might ask how these details can reflect the creditworthiness?
Turns out, each of these parameters has its own impact on your credit rate! For example, if you have a LinkedIn profile it makes your creditworthiness 30% better. You will get 50% of points to your reliability if you post to your social accounts often. Vice versa, if you like a hip-hop music a lot, you will get fewer points and the same for those who completed the fields in their loan application for too long. So, the results will be in numerical form between one and a thousand, allowing the system to approve the loan application automatically after a set amount is reached. By the way, the scoring system not only evaluates each parameter found but uses social network information to confirm a customer’s name, date of birth, employer, school or university degree and contact details. And if you have the same information everywhere it means you are the more reliable person. So there is no way to cheat the system because it is your smartphone to reveal the truth.
Is it really as frightful as it might seem? In case a borrower is a bona fide one, he or she will approve a credit independently just by staying himself or herself. Moreover, there is one huge advantage of the method. If you are unbanked and do not have a credit history but your smartphone proves that you are creditworthy, the system will allow you to get a social loan and this way to start your credit history from scratch, eventually, and, probably, to apply for financial services you had no access to before. Here your smartphone acts as your best friend which helps you to enter in the world financial system.
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