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Krebit

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News

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What is Krebit?

Krebit is a service that brings together the most talented Web3 participants, using the concept of portable reputation. Professionals can create and validate their profile for a lifetime. Recruiters have the ability to easily access pre-verified specialists certified by trusted issuers.

Contents:

Key Features of Krebit

Krebit allows professionals to earn with their talent and enhance their reputation by showcasing their skills and importing existing achievements. The platform provides secure and fair payments through an escrow system and the opportunity to earn through referrals by inviting trusted contacts.

Krebit.id is an open protocol for verifying Web3 identity, DAO, and a marketplace for verifiable credentials.

Krebit addresses all the challenges of decentralized reputation and creates a pseudonymous economy for users to share information about themselves without revealing unnecessary data. It is a user-centric protocol that utilizes decentralized identification (DID) Ceramic to manage user profiles and data stores. Users can sign in with a non-custodial Ethereum wallet and take control of their data. Ceramic also supports major blockchains, making user data effectively portable across the Web3.

Krebit utilizes a three-tier architecture of Web3 technologies:

  • Scalability;
  • Decentralization;
  • Preserving privacy.

The platform uses the Ceramic Network to store mutable data streams over IPFS. Long-term data persistence is ensured through Ceramic's blockchain operation and IPFS data pinning service.

Web3 Platform Capabilities

Krebit enables users to manage their identities, and Web3 developers to receive real-time reputation of the identity owner. Web3 dApps can also create claims, verify and register them, all from publicly available data models.

Claim This is a statement about a subject, such as their identity, location, achievements, ownership, etc.
Verifiable Credentials (W3C) These are cryptographically signed attestations made by issuers to verify the validity of the claim.

Using Krebit, a user can store private claim data in the Ceramic network, encrypted and controlled by their DID. After managing the claim information, the user can request verification from a verifier based on the fee they are willing to pay.

A verifier with enough KRB tokens verifies the data, signs the verifiable credentials, and sends the attestation back to the user. Both users and attestors are rewarded when users register verifiable credentials on the blockchain in the $KRB token smart contract.

The Krebit protocol is governed by an open DAO where any member can challenge verifiable credentials through a proposal. This enables the platform to operate with maximum transparency, minimal required trust in centralized operators, and without centralized points of attack.

Krebit also uses NFT credentials, which can be viewed on Opensea and Rarible. This allows users to prove various aspects of their identity and achievements, such as age, email, phone number, Twitter account, and more.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.