Building Trust
with Your Data

GoodMorning Teaser OPEN Bithumb DEX Exchange Listing

※ MCC Tokens Distributed. Please check your token at the MEW address. Confirm

MCC Tokens Distributed.
Please check your token at the MEW address.
Confirm

ABOUT MYCREDITCHAIN

OVERVIEW

Bringing the ownership of and control over personal data back to data subjects.

The MCC’s user consent platform enables a data subject to exercise the full ownership and control over his/her personal data. With this unique feature, an individual can easily manage their own data and receive a fair compensation from the data consumer.

MyCreditChain builds a marketplace where corporations can get a proper access to most up-to date and accurate data.

Corporations can get hands on massive potential consumer data in the MCC Ecosystem. The data provided within the ecosystem is in scope and depth unseen before because individuals are willing to reveal their own preferences, the most effective and wanted marketing tool for corporations, due to the MyCreditChain’s incentive mechanism.

Secured personal and credit data handling and management.

The data handled in the MyCreditChain ecosystem will be encrypted and stored in a distributed database. The data will be kept secure since there is no centralized platform to be hacked, and it is automatically deleted after the data is being used.

Trust Data will be produced within the MyCreditChain ecosystem.

MyCreditChain aims to produce Trust Data, which provides a multi-dimensional depiction of an individual’s trustworthiness. Trust Data can be used in not only the financial sector, but in every industry that looks for a means to have a deeper understanding of customers’ social and economic value. It will unlock the limitations of traditional credit rating models.

MCC ECOSYSTEM

MyCreditChain aims to unlock the limitations of the centralized system and build a blockchain-based decentralized platform.
1. Revenue shared, fairly and transparently
2. Data-driven marketplace, a win-win situation for every participant

PARTICIPANT

  • Data Provider

    ‘Individual’ in the MyCreditChain ecosystem.

    Data Providers provide the following data to the ecosystem : Traditional credit information, Personal data, Social/reputation data derived from the Seed Networking.

    • Easy monitoring and management of their data.
    • Full control and ownership over their own data, thereby preventing the abuse of the data.
    • Financial gains by selling the data, and by participating in the MCC Seed Networking.
    • The record of personal data usage and transaction are managed transparently and easily tractable.
  • Data Consumer

    ‘Corporations’ in the MyCreditChain ecosystem.

    Data consumers can have an access to the data, specifically targeted for their business purposes, as they pay the data subjects with MCC tokens.

    • Easy access to the personal data
    • Serve various functions, such as product design, implementation of marketing strategies, etc.
    • Use the platform as a means to get data without the risk and the management cost.
    • Opening Online Branch.
  • 3rd Party

    'Individuals or enterprises' that process the data generated in the ecosystem for various purposes. (Ex: Data Scraping technologies provider, big data analyst, credit bureau, etc.)

    The 3rd Party is the participant who provides the required technologies, additional analytical data or additional collected data by utilizing the data in MCC platform. 3rd Party will be compensated for contributing such features to the platform.

    • Various business opportunities, such as data scraping, processing and analysis, etc.
    • Creating significant added value to the data by utilizing the data in the ecosystem.
    • Resale of the processed data for profits.

MECHANISM

It is the process by which a company requests data in MCC ecosystem. When a company requests personal data, MCC network collects data from social media, telecommunication companies, public institutions, financial institutions, etc., with individual’s approval. In this process, the information buyer pays to the individual and the tokens are shared between the MCC ecosystem participants and the individual.

WHITE PAPER

TEAM

Woosik Kim
Founder & CEO
  • CEO of Fintech, Inc.
  • Social Credit Evaluation Expert
  • New Industry Investment Committee
  • Director of the Convergence Department (Finger, Inc.)
  • Hana Bank (Department of Computing & Information Systems)
Jaebong Yang
Founder & CEO
  • CEO of Exchain, Inc.
  • CEO of MoneyTech
  • Head of the Strategy Department (Finger, Inc.)
  • Advisor of the Korea Institute of Finance Future Research Department
Jongyoung Moon
CTO
  • Head of the Blockchain Department (Finger, Inc.)
  • Head of the Service Department (Finger, Inc.)
  • BigData Consultant (Saltlux Inc)
  • BigData & CRM Expert
Uno Nam
CMO
  • Mobile Business/Service Planning
  • General Manager of Shinhan SOL development
  • IoT/O2O Chungcheongbuk-do service ISP
Sangho Kim
Blockchain Developer
  • Software Engineer
  • Blockchain Expert
  • International Wire Transfer Solution Developer
Seungho Choi
Fullstack Developer
  • Financial Service Development
  • Server Program Development
  • Enterprise Solution Development
Donggun Lee
Blockchain Developer
  • Blockchain Expert
  • Software Developer
  • Server Application Developer
Inkyu Jeong
Fullstack Developer
  • Software Developer
  • Big Data Expert
  • SNS/Messenger Service Developer
  • News Service Developer
Shutova Julia
Fullstack Developer
  • Designing algorithms for automatic recognition
  • Developing Passenger Transport Control and Management System
  • Researching and analyzing program needs
Sungtae Jin
Seed Networking Analyst
  • Specialized in Industrial and Mathematical Data Analysis
  • Postdoctoral Researcher at Seoul National University
  • Sungkyunkwan University (Ph.D. in Mathematics)
Wonse Kim
Seed Networking Analyst
  • Specialized in Data Analysis Using R, MATLAB and Published 3 SSCI Papers
  • Mathematics Technology Laboratory Researcher in Seoul National University
  • Seoul National University (Ph.D. in Mathematical Sciences)
Kangju Lee
Seed Networking Analyst
  • Specialized in Combinatorial Topology / High-dimensional Data Analysis
  • Seoul National University (Ph.D. in Mathematical Sciences)
Sojeong Park
Marketer
  • MCC Marketing
  • Big Data & AI Marketing
  • Digital Marketing Specialist
Myoungchul Moon
Marketer
  • MCC Marketing
Sangyeong An
Planner
  • Administration Manager of WebCash Chinese Branch
  • Build & Service Operation with CMS(Cash&Treasury Management Service)
  • Scrapping Solution Technical Sales & Build (Finger, Inc)
  • Patent Development (C2C & Blockchain Patent Registration/Application)
Seokyoung Jeon
UIUX Planner
  • Web/App Planning & Design
  • Project Management Specialist
Jiyoung Lee
UIUX Designer
  • Web/App Design Style Guides
  • Responsive Web & Cross Browsing Coordinating
  • Shopping/Dating/Chatting App Development Project Experience

ADVISORS

Danny J. Christ
Business Development
  • N-Strategy Consulting Services
  • Strathclyde Business School
Yukito C. Nagashima
Big Data Expert
  • CEO of Apropos LLC
  • 20yrs venture capitalist experience for Health IT startups in Korea/Japan/US
  • Shinyo Clinic CTO
Sally Kim
Senior Manager in Data biz unit of SKT
  • SK Telecom Intelligence Biz Center. Social Text Big Data Plafform "Smart Insight"​ PM
  • SK Telecom Project Leader/ Ph.D
  • Contact Center Operation Strategy
Yemi Adeyemo
ICO Advisor
  • 14yrs Oil and Gas Industry experience across GE, Drilquip and Shell International
  • ICO Investment & Research Analyst
  • Blockchain Technologies Analyst
  • Robert Gordon University (M.S. in Oil and Gas Engineering)
Gongpil Choi
Future Finance Expert
  • Univ. of Virginia (Ph.D. in Economics)
  • CSO of Woori Finance ED
  • World Bank / ADB (Consulting)
  • Director OF KCFT
Eddie K. Choi
Big Data Expert
  • Director of Bigbang Angels
  • Director of KIISS
  • Secretary of the Korean National Assembly ICT Forum Committee
Joon Hong
Internet & Mobile Marketing Expert
  • Current AD4th CEO
  • Block Chain World · Do not be afraid to invest in block chain broadcasting
  • FocusM CEO
  • GS Home Shopping Consultant
Byunghee Son
Computer System Expert
  • Yonsei University (PH.D. in Electrical Engineering)
  • Ex-Adj. Prof. of Information Industry at Sejong University.
  • Ex-Director of the Tech Department (DME Tech, Inc.)
  • Prof. of Computer Information System at Inha Tech. College
Hajin Jhun
Economy & IT Expert
  • Chairperson of self-regulation in Blockchain Association
  • CEO of SITI Plan
  • Chairman of S-Life Forum
  • Member of the 19th Korean National Assembly (Former)
Ryan Moon
Online Asset Management Expert
  • Newsystock Co-CEO
  • PwC consulting senior consultant
  • Polaris Hong Kong Asset Management
  • Draper University Entrepreneurship

PARTNERS

  • Finger, Inc.
    TECH PARTNERS

    Data scrapping (adopted within the MCC ecosystem)

    Mobile solutions in finance

  • FINTECH, Inc.
    TECH PARTNERS

    Credit evaluation by utilizing alternative data (adopted within the MCC ecosystem)

    Big data analysis

  • Finger Vina Co., Ltd.
    TECH PARTNERS

    Vietnam-based

    Data analysis

  • Lending Science, Inc.
    TECH PARTNERS

    P2P lending

    Big data analysis

  • IMDARC, Inc.
    TECH PARTNERS

    Industrial&Mathematical Data Analytics Research Center

    Seed Networking Analysis

    Algorithm Development

  • ExChain, Inc.
    TECH PARTNERS

    P2P Coin Exchange

    Cryptocurrency Trading Solution

  • Korea Finance IT, Inc.
    INVEST COMPANIES

    Venture investor in MyCreditChain

    Cryptocurrency transaction solution

  • BC Labs, Inc.
    INVEST COMPANIES

    Venture investor in MyCreditChain

    Investment analysis

    Cryptocurrency fund.

  • MTN Online
    PLATFORM PARTNER

    Largest telecom company in Nigeria

    Partnering with MCC for personal data platform in Africa

  • CredoLab
    3rd Party Solution Provider

    Credit Risk Solution

    Personal Data Consumer

  • IAME Co., Ltd
    TECH AND BLOCKCHAIN PARTNERS

    Technical partnership

    Decentralized identification system

    Validation of information

  • Eden Co., Ltd.
    TECH AND BLOCKCHAIN PARTNERS

    Technical partnership

    Blockchain platform

  • AEGIS Enterprise. Co., Ltd.
    INVEST COMPANIES

    Venture investor in MyCreditChain

    Cohousing ERP

    Combined billing service

  • ICO PLATFORM, Inc.
    MARKETING

    ICO Platform

    Singapore-based

  • Bizmodeline, Inc.
    MARKETING

    Patent licensing and marketing

    Marketing cooperation

  • MINWHO Co., Ltd.
    LAW & COMPLIANCE

    Cryptocurrency law

    Blockchain and ICO legal services

ROADMAP

2018.6.

Token Sales

Private Sale / Free Sale

MVP #1

Block Chain + IPFS

2018.10.

End of Token Sales

Issue Tokens / Distribute Tokens

MVP #2

Data Collection / Processing

2018.12.

1st Stage Service Launch

Sign Up/Seed Network

Member Expansion events

Listing on Token Exchange

Dapp Launch alpha

iOS, Android

Seed Networking

Wallet Development

2019.3.

Service Enhancement

Form Seed network Ecosystem

Excavate Seed Network Parnerships

3rd Party Alliance

Dapp Update

Develop Seed Network Affiliations

2019.6.

Excavation of Data Platform Partners

Dapp Update

Launch Data Platform

2019.8.

Expand Service Partnerships

Dapp Update

Enhanced Data Platform

2019.12.

Dapp Update

Develop MCC Trust Index

2020.2Q

Dapp Update

Main Blockchain transfer

Main Blockchain Review Development

FAQ

    • Data Provider refers to an individual within the MCC ecosystem. After passing the KYC procedure, an individual can join the ecosystem Data Provider provides the following data to the ecosystem.

      Traditional credit information (annual income, asset status, credit score, etc.)

      Personal data (social media activities, expenditure on personal consumption, phone bill, etc.)

      Social/reputation data derived from the Seed Networking

      Data Consumer refers to a corporation in the MCC ecosystem. All Data Consumers are required to satisfy the basic rules and conditions for authentication to join the ecosystem. They can have an access to the data, specifically targeted fro their business purposes, as they pay the data subjects in MCC tokens.

      3rd Party refers to any individual or enterprise that processes the data generated within the MCC ecosystem for various purposes, e.g., data scraping technology provider, big data analyst, credit bureau, etc. 3rd Party will register the reasons for providing the data in the MyCreditChain ecosystem and ensure the integrity of it. Its reliability is examined and verified by MyCreditChain.
      3rd Party provides technologies and analytical data, and acts as a node operator within the ecosystem. 3rd Party will be compensated for contributing such features to the platform.

  • When Personal data is collected, it is cut into pieces, encrypted and stored in IPFS and on a personal device. Cutting data into pieces and storing each part separately enable safe storage of and quick access to the collected data. The collected personal data is accessible only if all pieces of it are aligned, thereby increasing its security. Thus, data breaches on IPFS will not leak the stored data. Information generated from the MCC Seed Networking will be encrypted and stored secure in a private blockchain.

  • Any participant can request an access to Trust Data from data subjects. To have a proper access to Trust Data, a requestor must get data subjects’ consent and pay them. When Data Consumers make a request for Trust Data, they shall set out terms and conditions for the request. Data subjects with the corresponding data will receive a notification. The Data subjects can check the terms and conditions, and consent to or veto the request via MCC App.

  • You cannot make changes to your personal information in the MCC ecosystem because your personal information stored within the ecosystem is directly collected from various organizations’ websites, by using MCC’s data scraping engine. Thus, the data handled within the MCC ecosystem is accurate and most up-to-date. If you were to make changes to your personal information in the MCC ecosystem, you must make changes to your personal data stored in the original sources.

  • Trust Data refers to the data generated within the MyCreditChain platform. Trust Data, verified its reliability and applicability by MCC, reflects a multi-dimensional depiction of an individual’s trustworthiness, which can be utilized for various purposes. It can be categorized into three types.

    General Trust Data Data specifically targeted for Data Consumer’s needs, e.g., annual income, years of working, financial stability, social media information, etc. Data Consumers can use General Trust Data to implement their marketing strategy, and target their customers.

    Packaged Trust Data Data Set selected from the entire data within to platform based on the need of a Data Consumer. With Packaged Trust Data, Data Consumers can get multi-dimensional depictions of their customers.

    MCC Reliability Measure MCC Reliability Measure is generated via MCC Seed Networking. When MCC Reliability Measure and MCC Trust Data are combined, a new type of information that reveals individuals’ interpersonal networking is created. This unique quality of information, then, can be used for various purposes, such as loan service, recruitment, etc.

  • Any MCC user can join the MCC Seed Networking.

  • An individual will be given 5 seeds per day but there is no limit on the number of fruits one can receive from other users in a day.

    • Every individual within the MCC ecosystem is given five seeds at UTC 00:00. They can be given to anyone in and outside the MCC network. Seeds do not have value in themselves unless they are given from someone else. If seeds are not given to someone within 24 hours, they will be evaporated. Also if one receives seeds from the same person two or more days in a row, the value of seeds will decrease.
      The seeds are to give and build relationship among MCC participants. The transactions of seeds and their flows will be utilized for MCC Reliability Measure.

      Fruit is a 1 : 1 ratio to MCC tokens, and is a medium of exchange within the MCC ecosystem. Seeds turn into Fruit when they are given from someone else. If one receives seeds from the same person two or more days in a row within 10 days, the value of fruit will decrease as follows.

      When receiving seeds from the same person two days in a row, the value of fruits received on the second day will be decreased to 1/10 of the initial value.

      When receiving seeds from the same person after 9 days, the value of fruits received on the 9th day will be decreased to 9/10 of the initial value.

      There will be no decrease in value after 10 days have passed from the initial receiving.

      It is an ERC20 based token and can be converted to a 1:1 ratio with the fruit. One can get MCC token by Seed Networking, or purchasing it from exchanges. 10,000 MCC tokens are distributed through the Seed Networking each day.

EN

KO