|Industry:||Personal Credit Database|
|ICO Timeframe:||11/10/17 – 01/30/18|
|Token Supply:||1,000,000,000 LET (40% Crowdsale)|
LinkEye is a Hyperledger Fabric based consortium-blockchain solution to facilitate a global credit alliance. Utilizing blockchain technology and a credit economy model, Linkeye consolidates the credit data from disparate credit alliances and connects it to the respective profiles, thus creating a comprehensive, reliable credit database. LinkEye will be an open-source, distributed and decentralized protocol, providing the platform for relevant institutions to exchange useful and legal credit data. Linkeye aims to improve on the current credit system, and eventually create a global credit system that is fair and accurate for everyone.
PROS: Addresses a need for financial institutions (located in Southeast Asia, in particular) to share data concerning bad debtors and ultimately credit worthiness of individuals, addresses growing personal lending market in Asia, particularly the need for trustworthy credit reporting, impressive management team with relevant experience.
CONS: Project is backed by individuals in the banking sector, convincing other banking / financial institutions to provide access and integration with their data may be difficult, tremendous project to undertake, low likelihood of deliverability.