Bloom Protocol
09/11/2018
Bloom uses public-private key encryption underpinning blockchain technology to verify customer identity and to attest to the accuracy of credit history without storing consumer raw data on its servers. Users maintain full ownership and control of their data, drastically reducing the inherent risks of centralised data collection, storage and transmission that is common among credit bureaus (i.e. Equifax, Experian and TransUnion) and financial institutions.