CredibleToken

The device credibility ecosystem powered by the Ethereum blockchain

Trust for a particular device is established overtime, with increased amounts of authorized actions performed by a consumer.

CredibleToken will allow mobile applications to inspect and increase a device's credibility via a decentralized ecosystem. Using a combination of unique, revolving identities for each device and allowing developers to contribute to increasing the trustin their own tenant upon a good action undertaken, a level of credibility can be established overtime, which could reduce the need for additional, expensive, per-interaction checks.

The benefits to contributing to the network will be reduced costs of expensive Multi-Factor Authentication schemes, 3rd party centralized trust-data organizations and a reduced requirementfor extensive integrity checking on a per-operation basis.

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Website

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