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Credify idX

User-controlled data passporting for advanced digital economies.

Credify’s idX (Identity Exchange) product acts as a personal information bridge that connects and integrates e-commerce marketplaces and lending platforms with institutions that possess valuable, yet untapped information. With valid identity verification and credit scores, Credify enables new revenue streams for traditional organisations in a manner that is both secure and compliant with data privacy standards.

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How It Works

Credify serviceX

A new product that enriches service providers within the Credify network, serviceX (Service Exchange) allows platforms and service providers to offer targeted deals to each others’ users based on pre-established conditions. This promotes a form-less, paperless identity passporting experience that realises new revenue opportunities through mutually beneficial transactions. This system may ultimately grow more effective than AdWords or Facebook targeting, as the data involved gives more comprehensive insight into the users and, for service providers, greatly reduces the cost of on-boarding and customer acquisition.

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How It Works

Credify trustX (Trust Exchange)

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Reliability & Trust

Source the reputation and reliability of clients and transactions from participants in your surrounding ecosystem.

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Vouching & Gamification

Your company’s “loyalty program points” are tokenised and used to vouch for the reputation of products, services, partners, and loans.

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Rewarding

Successful vouching grants rewards for backing positive transactional outcomes, while imposing penalties for backing low quality outcomes.

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Interoperability

A “loyalty program points” system securely and cost-effectively engineered on blockchain, provides a universal incentive structure for your ecosystem. It can be additionally utilized between group and partner companies who join the broader network.