CREDITO  — The Future of Credit Intelligence

CREDITO — The Future of Credit Intelligence

Credito is a decentralized credit analysis network that provides credit scores, transaction costs and credit markets supported by Ethereal, intellectual and IPFS contracts, enhancing transparency and reliability.

Decentralization provides more security and trust. It is a method to organise anything in a way that does not require trust on third parties. The trust is eliminated by executing code that does not require centralized governance, management, or servers. By decentralizing lending, we do not require banks or any other intermediaries for conducting a loan transaction.

Problem Credit

Despite the efforts made by banks, card issuers, and merchants, credit card fraud continues to grow faster than credit card spending. Data breaches have resulted in more card details being compromised, and the growth in online shopping has led to more opportunities for ecommerce fraud.


The recent Equifax hack exposed 140 million+ identities and personal information to the hackers and termed as the worst security breach in US history.

Centralized Information

The data collected by credit bureaus is centralized. It is a common misconception that these bureaus exchange information automatically, which is not true. These agencies are separate businesses providing similar services for a fee.


The global credit intelligence is controlled by a handful of credit bureaus, and it has been alleged many times that their scoring models are outdated, flawed, and not portable as they are specific to a country or a region. “More than one in five consumers have a ‘potentially material error’ in their credit file that makes them look riskier than they are, and consumers contacted one of the big three credit reporting agencies to dispute information Eight million times an year”.


Because credit scores are non-transferable, low-risk borrowers may be denied access to credit when they move abroad, forced to restore their credit worthiness from scratch.

Obsolete analysis and incomplete information

When information becomes more centralized, it is monopolistic and incomplete. This leads to a decision without the information available, which greatly increases the associated risk. In addition, credit scores are not updated in real time, and delays are determined by millions of consumers and companies, as their current credit history is not taken into account in the decision-making process.

Token distribution
  • Employee allocation will have a vesting period of 12 months, 25% vesting each quarter, with a 6 month cliff. Allocation will be proportional to the tenure of each employee by the date of token sale.
  • Credito Foundation allocation will have a vesting period of 12 months.

Projected use of funds

Credito built for the community. We appreciate the community and will continue to interact with data scientists, field experts, scientists and security experts for peer review. We encourage official testing, audit and proof of safety, all with the goal of creating a platform whose reliability and safety can support future innovation.

More about Credito :


About Toni Leon

Author: mampham
ETH: 0xC8C92A22a6BeBC985ABF761b0B483c2bD4e3457F

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