Bloom - a protocol for assessing credit risk through federal ID-based attestation and the creation of a network of peer-to-peer and organizational credit checks ("credit score").
Contents:
How dapp Bloom works
Bloom - your smart personality, removes many existing lending restrictions by bringing credit and risk assessments to the blockchain. Why do users choose this particular platform:
| Protecting your data | Your personal information is verified, using blockchain technology, and is under reliable protection. |
| Confidentiality | You choose what data to include in your Bloom. You determine exactly how it is used. |
| Go beyond the borders | Use your account to access applications and services anywhere in the world. |
The company introduces Bloom's global decentralized credit protocol. It is a standardized, programmable ecosystem that provides safe and global access to on-demand credit services. It uses the power of blockchain to create a fully decentralized digital identity that only you can control, protecting you from data breaches and identity theft.
Ethereum platform protocol
The Bloom Protocol promotes the expansion and efficient functioning of the credit market by allowing both lenders and digital assets to provide loans to individuals and institutions, operating in markets with underdeveloped or immature credit infrastructure, national identities or banking systems without taking on additional risk.
The protocol presents solutions to the following problems:
- cross-border credit scoring. Credit histories are not mobile across countries, forcing people to rebuild their credit records from scratch;
- future-oriented credit assessment;
- lenders have limited ability to expand and offer loans globally;
- uncompetitive credit scoring ecosystem.
Credit data is centralized. In most markets, credit is obtained by a single provider, resulting in a non-competitive credit risk assessment ecosystem. View the current status of your ID, credit rating and security, and monitor your identity.
Additionally about the dapp application
You will find out all necessary information on social networks and in the WP of the company:
- Facebook;
- YouTube;
- LinkedIn;
- Telegram;
- White paper;
- Twitter.
You can get acquainted with the nearest updates, promotions and take part in contests there.