What is MyCreditChain?
MyCreditChain(MCC) is a blockchain platform of personal credit information. MCC revolutionizes the all process of how personal credit information is gathered and used. Moreover, MCC can further revolutionize our interaction with one another in one global network.
How does MyCreditChain work?
First, MCC ensures the information owners to own their own information. MCC gathers the data for the individual owner with its Data Gathering Technology and safely stores it on the blockchain ready to be searched and sold for potential data consumers. Second, MCC democratizes the accessibility to personal credit information.
MCC is a blockchain of big data containing personal credit information of all participants. Anyone or any company can come into MCC network and use the data with MCC tokens. Third, MCC is a market network that contains both data owners and data users of personal credit information as well as product consumers and producers of financial and other products. Consumers and producers can meet each other with a pin point accuracy in MCC network.
Lastly, MCC builds relationship and trust among people based on personal credit information. MCC airdrop enables participants to give gifts to one another and build relationship. In MCC network people can know each other’s credit-worthiness before they do any transaction with each other.
MCC will revolutionize our lives all together in one global world of blockchains, where human network is boundless and borderless. If you have any further questions, please feel free to contact us. Thank You.
Credit is a Basic Right.
Blockchain based Credit Ecosystem, MyCreditChain
MCC platform will enable a new relationship among people, which will further develop new form of financial activities. It brings about a major innovation in credit information that a person's credit data will become an asset for himself/herself. MCC plans to bring the ownership of credit data back to individuals so that they can have a full control over their own information, thus building a more equal society.
Credit information is Asset.
The Ownership is on the Individual. The Social Value of Personal Credit Information is immense. MCC ensures each person's personal information to be his/her own Asset. Each person can sell his/her information and add value to it in MCC.
Credit Grows on Relationships
Banks say people with wealth and high income are more credible. However, in reality credibility works differently. MCC looks into relationships between people and their daily lives. Giving gifts in integral to the structure of MCC. It is these relationships that provide the true standard for credibility within the MCC platform.
Credit is Gold.
Relationships that people create in MCC is evaluated as their Credit information. People gain income by selling their credit information and from the Daily Air Drop program. The more you build trust within MCC, the more you income you acquire. Building trust is like mining Gold in MCC. Various algorithms using Deep Learning/Big Data. Technologies may be used to produce Value-Adding Marketing Information.
The MCC platform consists of blockchains consisting of Ethereum-based Smart Contracts. Data is encrypted and stored in IPFS, which is a distributed storage method and controlled by DAC (Data Access Control). The 3rd party participants can receive services through various APIs provided by MCC and consumers who have personal and credit information can receive services through MCC App to be provided at Application Layer.
- Token Pre Sales
- Proof Of Concept(POC)
- Research and Development
- P2P Airdrop Develop
- Mcc Token Listed on Exchange
- Distributed DB Pilot
- Data Collection Pilot
- Initial Participants Test
- Recruitment of participants
- P2P Airdrop Test
- Apply Distributed DB
- 3rd Party API Develop
- Service Launch
- A lot of collaborative-minded partnership orientation in the materials
- Blockchain solutions can prevent hacking of personal information from the credit rating databases and give power to the user to choose which types of credit rating information different businesses can review
- Innovative network building plans
- The team achievements might be bigger in Korea than what it seems in the Western social media
- Team seems credible but most of the background information about the team only found in Korean, which makes a proper team review challenging to conduct for a westerner
- A lot of partners mentioned, but no information about the nature of most of these partnerships
- 1b tokens of which 42% are sold on the markets. Token price is not mentioned in the white paper or website, but according to our knowledge 1 ETH equals to 10 000 MCC, making the project valuation 100 000 ETH, equaling to $40-120M depending on ETH price. This very relevant information was not easy to find and is a quite high initial valuation