Post by @stani • Hey
credit scoring not passporting between countries is such a legacy practice in a world where people migrate and move between countries
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I am a big believer of on-chain credit system. citizens earn their scores through their activities on the blockchain. Also AI should play an important part in adopting credit scoring system.
So basically what you are doing is advocating for some sort of score checking system like they are doing now in Chia with social credits check!? How do you this is going to benefit us?
I literally don't care about my credit score anymore. After you've bought the house and locked in the mortgage or paid off the house, there's little reason to need it again
Self-sovereign credit scoring: Blockchain-based self-sovereign identity solutions could empower individuals to control and share their own credit information, rather than rely on centralized credit reporting agencies. This could increase the accuracy and fairness of credit scoring, especially for underbanked population.
Good
Nice