Partnership will leverage Web3 technology to extract and apply real time data to credit scores; first beneficiaries to be Brazil’s agricultural communities. Credit Data Alliance (CreDA), the credit rating specialist, and Ager Solution, the data capture and analysis specialist for the agricultural sector, recently announced a partnership in Brazil to access and incorporate real-time data into an affordable credit programme for Brazil’s farmers.

Our ecosystem partner, Elastos, has had a busy few weeks announcing new partnerships. What might have been missed in all the excitement is the inclusion of CreDA’s AI oracle and how our credibility scoring protocol will factor into many of these collaborations. Let’s break it down. Elastos & Build It Merchants Elastos and Build it…

Translated synopsis from CoinTelegraph Brazil: Agricultores brasileiros têm acesso ao crédito facilitado através de blockchain e NFTs (cointelegraph.com.br) — This was the compelling headline in Brazil’s leading crypto daily featuring our CEO, Fakhul Miah, talking about our inaugural Credit4Good programme in Brazil. …

While CreDA has quietened down the last few months, it’s because we’ve been laying down the bricks on our road to success in 2023. It’s been a wild year and so in preparation for the next one, let’s look back at our successes. Thanks to our community, our partners and…

The following is a synopsis of a recent talk by CreDA CEO, Fakhul Miah for #HowWeb3WillReshapeTheInternet hosted by HIBOAT Media. Listen to it here: https://twitter.com/i/spaces/1nAJErvnPpnxL?s=20 (1:23) Blockchain technology in Africa can open up a lot of opportunities, as many people across the continent lack credible identities in the eyes of traditional financial institutions, resulting in African lenders lacking the data needed to make good credit decisions.

What are soulbound tokens, and how can they end the ‘credit paradox’ that has been holding back the unbanked masses? Fakhul Miah of CreDA explains. This is an exerpt from a Forkast opinion piece published on November 3. Read the full article here. Billions of people never get the chance to fulfill their economic potential because they lack verifiable identities and credit histories — often as a result of inherent bias in the traditional financial…

With climate change accelerating, disaster is on everyone’s doorstep. But how do you rebuild when you don’t have a credit history? Hurricane Ian marks the most recent natural disaster to spread destruction across North America, however it is just one in a long line of catastrophes around the world that are becoming increasingly common as the climate crisis escalates. As more climate-induced natural disasters hit Western countries, it has brought the…

Web3 credit agency, CreDA is using new technology to disrupt the traditional credit industry and deliver competitive rates to an endemically ‘credit neglected’ sector CreDA (Credit Data Alliance), the leading decentralized credit rating service, is launching an innovative pilot program in Brazil to provide an alternative credit scoring model that delivers competitive, affordable interest rates to farmers in the country. …

After initially launching a full deployment on Arbitrum One, CreDA is pleased to announce expansion into the Elastos Smart Chain (ESC). CREDA token, staking, cNFT minting and synchronized Crypto Credit Scores are all now live. How does CreDA on Elastos benefit me? Crypto Credit Score — Once you connect your wallet or DID to CreDA.app, the protocol…