2.2 Credit Module

Using on-chain data, the CreDA Credit Oracle calculates credit scores utilizing the transaction characteristics of all addresses across multiple chains multiple chains including Ethereum, Arbitrum, BSC (Binance Smart Chain), Fantom, Polygon, HECO (Huobi ECO Chain), and OEC.

The CreDA protocol determines credit ratings through filtering and analyzing the historical data of these addresses to model users' on-chain financial activity whilst remaining completely secure and anonymous. This process is made up of three key components; the CreDA Credit Oracle, Decentralized ID (DID) and the Credit NFT (cNFT).