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.
Clinton McCutcheon - https://www.facebook.com/credibletoken/
Darran Jones - https://www.linkedin.com/in/dalsoft/
Tristan Hodges - https://www.facebook.com/credibletoken/