Creditor Data Platform Decentralized Personal Data Marketplace


Creditor Data Platform — is a decentralized personal data marketplace that creates a transparent and mutually beneficial exchange of data between individuals and data purchasers (commercial companies who are looking for additional source to acquire the data or for target audience). It is a platform that is built upon blockchain technology empowering individuals to receive a financial reward for the provision of data and to control and trace the movement of their information. Such a solution gives an opportunity to receive a reward for providing personal information, to access the authentic verified information, and for businesses to mitigate risk against poor and faulty data by using crowd verification mechanism inside.

The decentralized ecosystem that creates a transparent and mutually beneficial exchange of data between user and purchaser. Our purpose is to revolutionize the data processing market through a decentralized data exchange, where individuals can sell authentic and verified personal information to data buyers and brokerages.

We show how such an ecosystem has beneficial use cases not only for individuals but also for organizations, non-profits, and researchers through enabling individuals to share data with buyers and they having access to verified personal data.

The data market is growing exponentially with the biggest winners being the social media companies and data brokerages. Users unwittingly agree to the monetization of their data by these companies without any revenue share or reward. It’s difficult to resist a conclusion that there is a clear need for a solution that incentivizes and allows users to claim their digital rights back.

Our proposal is a platform that is built upon blockchain technology empowering individuals to control, trace, and be rewarded for sharing their data. Such a solution gives the opportunity to receive a reward for providing personal information, to access the authentic verified information, and for businesses to mitigate risk against poor and faulty data.

Viktor Ihnatiuk

Chief Executive Officer, Co-Founder

Ehor Butko

Chief Technical Officer, Co-Founder

Yaroslav Vorobiov

Vice President of Engineering

Ulyana Semenova

Senior Content Strategist

Nickolay Yurchenko

Developer

Zoltan Szalas

Advising CMO

Matt Schaffnit

Advising CBDO


  1. March 2017 - The Idea of Creditor.ai as a data marketplace for lending companies was born

  2. November 2017 - Seed investment from Starta Capital

  3. December 2017 - MVP launched in US

  4. January 2018 - First transactions were processed between clients

  5. 5th of March 2018 - The decentralized marketplace for personal data has been presented at the Bank Innovation 2018 Conference in San Francisco

  6. April 2018 - Seed round from Nova SBE Venture Lab

  7. October 2018 - Creditor TGE will start

  8. February 2019 - Creditor TGE will finish

  9. March 2019 - Listing on first exchanges

  10. June 2019 - creating own peer-to-peer test network

  11. August 2019 - integration with Storj network

  12. September 2019 - creating SubNet for Data Verifiers, extending Kademlia with voting

  13. November 2019 - MVP of protocol that based on inner contracts

  14. December 2019 - release of full pledged network

  15. April 2020 - creating blockchain based solutions for storing transactions

  16. May 2020 - 300,000 users on the Platform

  17. June 2020 - moving the whole system to previously created blockchain

  18. January 2024 - 1,000,000 users on the platform