Building Trust
with Your Data
※ MCC Tokens Distributed. Please check your token at the MEW address. Confirm
MCC Tokens Distributed.
Please check your token at the MEW address.
Confirm
ABOUT MYCREDITCHAIN
OVERVIEW
The MCC’s user consent platform enables a data subject to exercise the full ownership and control over his/her personal data. With this unique feature, an individual can easily manage their own data and receive a fair compensation from the data consumer.
Corporations can get hands on massive potential consumer data in the MCC Ecosystem. The data provided within the ecosystem is in scope and depth unseen before because individuals are willing to reveal their own preferences, the most effective and wanted marketing tool for corporations, due to the MyCreditChain’s incentive mechanism.
The data handled in the MyCreditChain ecosystem will be encrypted and stored in a distributed database. The data will be kept secure since there is no centralized platform to be hacked, and it is automatically deleted after the data is being used.
MyCreditChain aims to produce Trust Data, which provides a multi-dimensional depiction of an individual’s trustworthiness. Trust Data can be used in not only the financial sector, but in every industry that looks for a means to have a deeper understanding of customers’ social and economic value. It will unlock the limitations of traditional credit rating models.
MCC ECOSYSTEM

1. Revenue shared, fairly and transparently
2. Data-driven marketplace, a win-win situation for every participant
PARTICIPANT
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- Data Provider
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‘Individual’ in the MyCreditChain ecosystem.
Data Providers provide the following data to the ecosystem : Traditional credit information, Personal data, Social/reputation data derived from the Seed Networking.
- Easy monitoring and management of their data.
- Full control and ownership over their own data, thereby preventing the abuse of the data.
- Financial gains by selling the data, and by participating in the MCC Seed Networking.
- The record of personal data usage and transaction are managed transparently and easily tractable.
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- Data Consumer
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‘Corporations’ in the MyCreditChain ecosystem.
Data consumers can have an access to the data, specifically targeted for their business purposes, as they pay the data subjects with MCC tokens.
- Easy access to the personal data
- Serve various functions, such as product design, implementation of marketing strategies, etc.
- Use the platform as a means to get data without the risk and the management cost.
- Opening Online Branch.
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- 3rd Party
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'Individuals or enterprises' that process the data generated in the ecosystem for various purposes. (Ex: Data Scraping technologies provider, big data analyst, credit bureau, etc.)
The 3rd Party is the participant who provides the required technologies, additional analytical data or additional collected data by utilizing the data in MCC platform. 3rd Party will be compensated for contributing such features to the platform.
- Various business opportunities, such as data scraping, processing and analysis, etc.
- Creating significant added value to the data by utilizing the data in the ecosystem.
- Resale of the processed data for profits.
MECHANISM

TEAM
- Previous) CEO of Fintech, Inc.
- Social Credit Evaluation Expert
- New Industry Investment Committee
- Previous) Director of the ConvergenceDepartment (Finger, Inc.)
- Previous) Hana Bank (Department of Computing & Info Systems)
- Head of the Blockchain Department (Finger, Inc.)
- Head of the Service Department (Finger, Inc.)
- BigData Consultant (Saltlux Inc)
- BigData & CRM Expert
- Service Director for Shinhan SOL and Smartphone Banking Services
- IoT@Chungcheongbuk-do, Character Exhibition@Everland and creation of new businesses
- General Planning Lead for Universities, Banks, and Telcom Mobile Services
- Software Engineer
- Blockchain Expert
- International Wire Transfer Solution Developer
- Financial Service Development
- Server Program Development
- Enterprise Solution Development

- Development of Server Programs
- Development of Web Contents/Services
- Development of Financial Services
- Software Developer
- Big Data Expert
- SNS/Messenger Service Developer
- News Service Developer

- Specialized in Industrial and Mathematical Data Analysis
- Postdoctoral Researcher at Seoul National University
- Sungkyunkwan University (Ph.D. in Mathematics)

- Specialized in Data Analysis Using R, MATLAB and Published 3 SSCI Papers
- Mathematics Technology Laboratory Researcher in Seoul National University
- Seoul National University (Ph.D. in Mathematical Sciences)

- Specialized in Combinatorial Topology / High-dimensional Data Analysis
- Seoul National University (Ph.D. in Mathematical Sciences)

- Planning for Wired/Wireless services for Telecommunications, Public offices and Corporations
- Management for Various Enterprise Solutions and Planning for Monitoring Systems
- Online/Offline Marketing and Customer Support

- MCC Marketing
- Customer Service Representative

- Web/App Planning & Design
- Project Management Specialist

- Web/App Design Style Guides
- Responsive Web & Cross Browsing Coordinating
- Shopping/Dating/Chatting App Development Project Experience
ADVISORS
- CEO of Apropos LLC
- 20yrs venture capitalist experience for Health IT startups in Korea/Japan/US
- Shinyo Clinic CTO
- SK Telecom Intelligence Biz Center. Social Text Big Data Plafform "Smart Insight" PM
- SK Telecom Project Leader/ Ph.D
- Contact Center Operation Strategy
- 14yrs Oil and Gas Industry experience across GE, Drilquip and Shell International
- ICO Investment & Research Analyst
- Blockchain Technologies Analyst
- Robert Gordon University (M.S. in Oil and Gas Engineering)

- Univ. of Virginia (Ph.D. in Economics)
- CSO of Woori Finance ED
- World Bank / ADB (Consulting)
- Director OF KCFT
- Director of Bigbang Angels
- Director of KIISS
- Secretary of the Korean National Assembly ICT Forum Committee
- Current AD4th CEO
- Block Chain World · Do not be afraid to invest in block chain broadcasting
- FocusM CEO
- GS Home Shopping Consultant

- Yonsei University (PH.D. in Electrical Engineering)
- Ex-Adj. Prof. of Information Industry at Sejong University.
- Ex-Director of the Tech Department (DME Tech, Inc.)
- Prof. of Computer Information System at Inha Tech. College

- Chairperson of self-regulation in Blockchain Association
- CEO of SITI Plan
- Chairman of S-Life Forum
- Member of the 19th Korean National Assembly (Former)

- Newsystock Co-CEO
- PwC consulting senior consultant
- Polaris Hong Kong Asset Management
- Draper University Entrepreneurship
PARTNERS
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Finger, Inc.TECH PARTNERS
Data scrapping (adopted within the MCC ecosystem)
Mobile solutions in finance
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FINTECH, Inc.TECH PARTNERS
Credit evaluation by utilizing alternative data (adopted within the MCC ecosystem)
Big data analysis
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Finger Vina Co., Ltd.TECH PARTNERS
Vietnam-based
Data analysis
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Lending Science, Inc.TECH PARTNERS
P2P lending
Big data analysis
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IMDARC, Inc.TECH PARTNERS
Industrial&Mathematical Data Analytics Research Center
Seed Networking Analysis
Algorithm Development
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ExChain, Inc.TECH PARTNERS
P2P Coin Exchange
Cryptocurrency Trading Solution
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Korea Finance IT, Inc.INVEST COMPANIES
Venture investor in MyCreditChain
Cryptocurrency transaction solution
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BC Labs, Inc.INVEST COMPANIES
Venture investor in MyCreditChain
Investment analysis
Cryptocurrency fund.
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MTN OnlinePLATFORM PARTNER
Largest telecom company in Nigeria
Partnering with MCC for personal data platform in Africa
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CredoLab3rd Party Solution Provider
Credit Risk Solution
Personal Data Consumer
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IAME Co., LtdTECH AND BLOCKCHAIN PARTNERS
Technical partnership
Decentralized identification system
Validation of information
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Eden Co., Ltd.TECH AND BLOCKCHAIN PARTNERS
Technical partnership
Blockchain platform
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AEGIS Enterprise. Co., Ltd.INVEST COMPANIES
Venture investor in MyCreditChain
Cohousing ERP
Combined billing service
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ICO PLATFORM, Inc.MARKETING
ICO Platform
Singapore-based
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Bizmodeline, Inc.MARKETING
Patent licensing and marketing
Marketing cooperation
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MINWHO Co., Ltd.LAW & COMPLIANCE
Cryptocurrency law
Blockchain and ICO legal services
ROADMAP
- 2018.6.
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Token Sales
Private Sale / Free Sale
MVP #1
Block Chain + IPFS
- 2018.10.
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End of Token Sales
Issue Tokens / Distribute Tokens
MVP #2
Data Collection / Processing
- 2018.12.
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1st Stage Service Launch
Sign Up/Seed Network
Member Expansion events
Listing on Token Exchange
Dapp Launch alpha
iOS, Android
Seed Networking
Wallet Development
- 2019.3.
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Service Enhancement
Form Seed network Ecosystem
Excavate Seed Network Parnerships
3rd Party Alliance
Dapp Update
Develop Seed Network Affiliations
- 2019.6.
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Excavation of Data Platform Partners
Dapp Update
Launch Data Platform
- 2019.8.
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Expand Service Partnerships
Dapp Update
Enhanced Data Platform
- 2019.12.
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Dapp Update
Develop MCC Trust Index
- 2020.2Q
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Dapp Update
Main Blockchain transfer
Main Blockchain Review Development
FAQ
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Data Provider refers to an individual within the MCC ecosystem. After passing the KYC procedure, an individual can join the ecosystem Data Provider provides the following data to the ecosystem.
Traditional credit information (annual income, asset status, credit score, etc.)
Personal data (social media activities, expenditure on personal consumption, phone bill, etc.)
Social/reputation data derived from the Seed Networking
Data Consumer refers to a corporation in the MCC ecosystem. All Data Consumers are required to satisfy the basic rules and conditions for authentication to join the ecosystem. They can have an access to the data, specifically targeted fro their business purposes, as they pay the data subjects in MCC tokens.
3rd Party refers to any individual or enterprise that processes the data generated within the MCC ecosystem for various purposes, e.g., data scraping technology provider, big data analyst, credit bureau, etc. 3rd Party will register the reasons for providing the data in the MyCreditChain ecosystem and ensure the integrity of it. Its reliability is examined and verified by MyCreditChain.
3rd Party provides technologies and analytical data, and acts as a node operator within the ecosystem. 3rd Party will be compensated for contributing such features to the platform.
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When Personal data is collected, it is cut into pieces, encrypted and stored in IPFS and on a personal device. Cutting data into pieces and storing each part separately enable safe storage of and quick access to the collected data. The collected personal data is accessible only if all pieces of it are aligned, thereby increasing its security. Thus, data breaches on IPFS will not leak the stored data. Information generated from the MCC Seed Networking will be encrypted and stored secure in a private blockchain.
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Any participant can request an access to Trust Data from data subjects. To have a proper access to Trust Data, a requestor must get data subjects’ consent and pay them. When Data Consumers make a request for Trust Data, they shall set out terms and conditions for the request. Data subjects with the corresponding data will receive a notification. The Data subjects can check the terms and conditions, and consent to or veto the request via MCC App.
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You cannot make changes to your personal information in the MCC ecosystem because your personal information stored within the ecosystem is directly collected from various organizations’ websites, by using MCC’s data scraping engine. Thus, the data handled within the MCC ecosystem is accurate and most up-to-date. If you were to make changes to your personal information in the MCC ecosystem, you must make changes to your personal data stored in the original sources.
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Trust Data refers to the data generated within the MyCreditChain platform. Trust Data, verified its reliability and applicability by MCC, reflects a multi-dimensional depiction of an individual’s trustworthiness, which can be utilized for various purposes. It can be categorized into three types.
General Trust Data Data specifically targeted for Data Consumer’s needs, e.g., annual income, years of working, financial stability, social media information, etc. Data Consumers can use General Trust Data to implement their marketing strategy, and target their customers.
Packaged Trust Data Data Set selected from the entire data within to platform based on the need of a Data Consumer. With Packaged Trust Data, Data Consumers can get multi-dimensional depictions of their customers.
MCC Reliability Measure MCC Reliability Measure is generated via MCC Seed Networking. When MCC Reliability Measure and MCC Trust Data are combined, a new type of information that reveals individuals’ interpersonal networking is created. This unique quality of information, then, can be used for various purposes, such as loan service, recruitment, etc.
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Any MCC user can join the MCC Seed Networking.
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An individual will be given 5 seeds per day but there is no limit on the number of fruits one can receive from other users in a day.
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Every individual within the MCC ecosystem is given five seeds at 00:00. They can be given to anyone in and outside the MCC network. Seeds do not have value in themselves unless they are given from someone else. If seeds are not given to someone within 24 hours, they will be evaporated. Also if one receives seeds from the same person two or more days in a row, the value of seeds will decrease.
The seeds are to give and build relationship among MCC participants. The transactions of seeds and their flows will be utilized for MCC Reliability Measure.Fruit is a 1 : 1 ratio to MCC tokens, and is a medium of exchange within the MCC ecosystem. Seeds turn into Fruit when they are given from someone else. If one receives seeds from the same person two or more days in a row within 10 days, the value of fruit will decrease as follows.
When receiving seeds from the same person two days in a row, the value of fruits received on the second day will be decreased to 1/10 of the initial value.
When receiving seeds from the same person after 9 days, the value of fruits received on the 9th day will be decreased to 9/10 of the initial value.
There will be no decrease in value after 10 days have passed from the initial receiving.
It is an ERC20 based token and can be converted to a 1:1 ratio with the fruit. One can get MCC token by Seed Networking, or purchasing it from exchanges. 10,000 MCC tokens are distributed through the Seed Networking each day.
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