The problem SuiCred solves

In the decentralized world of blockchain, trust and credibility are paramount but challenging to establish. Traditional reputation systems rely on centralized entities, making them vulnerable to manipulation and opaque in nature. SuiCred addresses this gap by offering a decentralized, transparent, and immutable way to assess and showcase reputation.

1.Transparent Reputation Tracking
SuiCred enables users to securely track and display their reputation score, backed by on-chain data. This ensures transparency and eliminates the risk of tampering.

2.Dynamic NFT Representation
Every reputation score is dynamically linked to a unique NFT, which evolves over time. This provides users with a living record of their credibility, stored immutably on the blockchain.

3.Cross-Platform Trust
Users can leverage their SuiCred profile across platforms to prove their trustworthiness, whether for lending, governance, partnerships, or community engagement.

4.Safer Decision-Making
By providing an AI-powered reputation summary, SuiCred helps individuals and organizations make informed decisions about whom to trust in decentralized ecosystems.

5.Simplifying On-Chain Identity
SuiCred streamlines the process of showcasing blockchain activity and credibility, making it easier for users to build and maintain their on-chain identity.

Challenges we ran into

1.AI Model Calibration: Training the AI model to fairly and accurately score reputations based on blockchain activity was a challenge. Balancing the weight of various factors like transaction history, account age, and governance participation required multiple iterations.
Solution: We fine-tuned the model using diverse datasets and performed extensive testing to ensure the scores were unbiased and meaningful.
2.Real-Time Updates : Ensuring the NFT updates were seamlessly integrated with live reputation score changes required precise coordination between the backend and smart contracts.
Solution: We employed event-driven architecture and asynchronous processes to monitor and execute updates efficiently.