On January 7 next year, MyCreditChain will launch the Seed Networking app ‘Good Morning’ which is an innovative data distribution service platform
At the “Good Morning Service” Opening Ceremony held at the Marriott Park Center in Yeouido, Seoul on the 20th, CEO of MyCreditChain Woosik Kim mentioned, “The right to own personal information should be returned to the individual and each person should be able to manage and control their own personal information, was the phrase we coined when we first started this project” and added, “Now we have actually materialized the network and ecosystem of personal information to make this possible.”
“Good Morning” is a blockchain based app that aims to construct a Token-sharing ecosystem. The strategy is that users will be compensated with Tokens for gifting “Seeds” to their friends in order to form a friendship network and as a result will gradually build the Token economy.
Through such a network, the idea is to extract the big data of information and provide to the market a powerful data distribution platform unlike any other that gives control to the individual.
MyCreditChain is presenting this data distribution platform worldwide after successfully completing their ICO in September of this year. It can be recognized that this ICO project will have been one of the fastest times to introduce commercial service after an ICO. In comparison, most ICO projects in Korea, after securing funds through ICO, are experiencing many difficulties launching a real commercial service.
MyCreditChain, after its ICO, listed on several exchanges and is continuing negotiations for other listings.
“We started our ICO in the first place with the service launch in mind,” states Uno Nam, CMO of MyCreditChain, and have added, “We have already received over 150,000 pre-registered users in Korea and Indonesia.”
After the “Good Morning”(Seed Networking) service opening on January 7th next year, MyCreditChain will actively proceed with PR marketing to gain more users. From March, the company plans to upgrade its services, increase listing on exchanges and continue increasing membership.
In the 2nd stage, the data distribution platform will be opened for July next year and plan to provide a Trust Index and Credit Score evaluation in December. Afterward, they will provide the strategy to establish a business system for individuals and global business model. MyCreditChain has already been conducting joint research with the Industrial & Mathematical Data Analytics Research Center at Seoul National University for the purpose of integrating mathematical theory into the Blockchain and Digital Finance industry while studying the creation of the Trust Index.
Woosik Kim has stated, “As for the global business, we plan to secure the offline use of Tokens through partnering companies such as Cashtree and indoPLAY, which already accounts for more than 10 million active users in Indonesia” and added, “We will also begin the data distribution business model in Korea and Japan.”
Lastly, Kim says “after the service is opened, we will proceed with the process of upgrading the platform, and will greatly expand partnerships to materialize the Token ecosystem making it accessible in more places.”
Source: Digtal Daily News Reporter Lee, Sang-il <firstname.lastname@example.org>
Building Trust with Your Data!
MyCreditChain (https://www.mycreditchain.org) is
A blockchain-based, decentralized, Trust Data Distribution ecosystem in which individuals have the ability to capitalize on their own information and expand relationships through the MyCreditChain platform in order to create new credibility for the underbanked. Our goal is to return the ownership of personal information back to the individual and to create a free and equal society by giving the ability for each individual to reap benefits from their personal information and Trust Data.
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