SmartPesa Credible

SmartPesa Credible

Token Description Completed

Credible is the only global distributed ledger to store business credit data on the blockchain in a way that disrupts the incumbent credit bureaus and inefficient loan processes. And we’re doing this to solve the $5.2 trillion funding gap suffered by SMEs each year who struggle to gain credit because of a lack of trustworthy data. Credible has its own infrastructure, a blockchain network for public access, data contribution and querying. It is multi-country and will comprise of a large number of nodes, each a separate TEA. We encourage collaboration and welcome suggestions to improve the design and flow of Credible. Credible uses blockchain in a novel way to store cryptographically secured data. Tendermint validators ensure Byzantine-fault tolerance across all nodes. We adopt MongoDB as our storage layer in a noSQL database for large datasets.