StreetCred is a secure, AI-driven credit scoring platform designed to lower collateral requirements for DeFi lending. By combining on-chain and off-chain financial data, computed within a Trusted Execution Environment (TEE), and is completely secured through Transport Layer Security (TLS) StreetCred provides a verifiable and privacy-preserving credit score that improves capital efficiency.
Connect your bank account and crypto wallet to get a comprehensive credit score that reflects your complete financial picture.
- Connect Your Bank: Securely connect your bank accounts through Plaid to analyze your traditional financial data.
- Connect Your Wallet: Link your crypto wallet to analyze your on-chain activity and transactions.
StreetCred is now a full-fledged web platform with two key functionalities:
- User Credit Scoring – Individuals can connect their crypto wallets and bank accounts to receive an AI-powered credit score.
- Lending Provider Integration – DeFi lending platforms can integrate StreetCred's credit scoring API to offer loans with reduced collateral requirements.
- Users Connect Wallets and Bank Accounts securely through the website.
- TEE Fetches Off-Chain Data via Plaid API while ensuring data security.
- Gemini AI Analyzes Financial Data, summarizing income and spending behavior.
- TEE Reads On-Chain Transactions to assess DeFi activity and repayment history.
- TEE Computes the Credit Score, factoring in both datasets.
- TLS Encryption Protects All Data throughout the entire process.
- The Score is Provided to users and integrated into DeFi lending platforms.
- Frontend: Web Platform (React/JavaScript/Next.js)
- Backend: Python (TEE enclave computation)
- TEE Provider: Google Cloud
- Blockchain Querying: Direct RPC Calls
- Off-Chain Banking Data: Plaid API
- AI Processing: Gemini AI
- Security: RA-TLS
Our next phase focuses on onboarding DeFi lending providers to integrate StreetCred's technology, enabling lower collateral requirements for users. As adoption grows, we aim to expand to multi-chain support and incorporate more financial data sources to refine risk assessment models.
StreetCred is paving the way for a more accessible and efficient DeFi lending ecosystem.
Check out our live demo: FlareX Demo