MyCreditChain(MCC) is a blockchain platform for personal credit information.
MCC revolutionizes the process in how personal credit information is gathered and used. MCC can further revolutionize our interaction with one another on a global network.
First, MCC ensures that users to own their own information. MCC gathers data for individual owners with its “Data Gathering Technology” and safely stores it on the blockchain. Under the full control of each individual, the data is then ready to be searched and sold for potential data consumers.
Second, MCC democratizes the accessibility to personal credit information. MCC is a blockchain of big data containing personal credit information of all participants. Anyone or any company can come into MCC network and use the data with MCC tokens.
Third, MCC is a market network that contains both data owners and data users of personal credit information as well as product consumers and producers of financial and other products. Consumers and producers can meet each other with a pin point accuracy in MCC network. MCC will bring a market creating innovation for financial services.
Lastly, MCC builds relationship and trust among people based on personal credit information. MCC airdrop enables participants to give gifts to one another and build relationship. In MCC network people can know each other’s credit-worthiness before they do any transaction with each other.
MCC will revolutionize our lives all together in one global world of blockchains, where human network is boundless and borderless.
MCC has a few unique features in MCC Smart Contracts.
First, MCC adapts a unique airdrop mechanism. It is an airdrop by gift-giving with three main functions. All individuals in the network are given 3 seeds to give others every day with ’10 days rule’(seeds given to a same person is counted as one seed in 10 days). The seeds turns to MCC tokens in the recipient’s wallet. 10,000 tokens are shared proportionally among the recipients daily. This mechanism achieves 3 goals. First, people build relationship in MCC network with gift giving. Second, the inter-personal network surrounding a person is revealed, and a certain degree of connection with two individuals in MCC network is revealed as well. Thirdly, it is a daily voting mechanism. What people are essentially doing is voting for the one they like/trust/care/want to help/want to get to know. It has a great potential for further good.
Second, MCC adapts confiscation of tokens from inactive users. 10% of Tokens held by an inactive user for a period of one month will be confiscated and returned to MCC foundation for airdrop reserve. Confiscation is limited to those tokens provided via airdrop. This policy will foster active participation and limit token’s role as a store of value.
Thank you for your attention.
Learn More About the Blockchain Credit Revolution
https://mycreditchain.org
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