S

Source

Enabling financial risk management for the world’s unbanked.

S

Source

Enabling financial risk management for the world’s unbanked.

The problem Source solves

Two billion of the world’s population is excluded from the financial system and are victims of a self-perpetuating cycle where it is extremely difficult to achieve upward economic mobility. These individuals lack not only a bank account but also a credit score – a key metric that financial institutions use to vet credit applicants. At SOURCE, our team of anthropologists, psychometric researchers, and developers have created an alternative data model – based on reputation – to assess an individual’s credit worthiness. Using blockchain and distributed ledger technology, we are able to leverage an individual’s social network to securely collect relevant information and turn it into meaningful insights that promote equity, transparency, and empowerment.

Challenges I ran into

I faced callenge in writing the code in solodity

Discussion