Bringing Together Credit and Identity
We're excited to announce our partnership with Quadrata, a leading decentralized identity protocol. This collaboration represents a significant step forward in our mission to build comprehensive trust infrastructure for Web3.
Why Identity Matters for Credit
Traditional credit systems rely heavily on identity verification. In Web3, we've proven that pseudonymous credit scoring is possible, but identity signals can enhance accuracy:
- KYC attestations add accountability
- Reputation credentials demonstrate track record
- Professional attestations indicate real-world standing
What We're Building Together
This partnership enables:
- Enhanced Scoring - Identity signals as optional score boosters
- Credential Issuance - Cred Scores as verifiable credentials
- Cross-Protocol Trust - Portable reputation across platforms
For Users
If you have a Quadrata passport, you can now:
- Boost your Cred Score with identity verification
- Receive a verifiable credential for your credit standing
- Access new DeFi opportunities requiring identity
For Developers
Integrate both credit and identity in your protocol:
// Get credit score with identity boost
const { score, identityBoosted } = await credProtocol.getScore(address, {
includeIdentity: true,
identityProvider: 'quadrata'
});The Quadrata Team Says
"On-chain credit and on-chain identity are coming together to transform financial services in the Web3 space. We think it is crucial to build with the right partners and Cred Protocol is the perfect fit."
— Fabrice Cheng, Co-Founder and CEO, Quadrata
Looking Ahead
This is just the beginning. We're exploring deeper integrations including:
- Joint scoring models
- Shared credential standards
- Cross-protocol reputation systems
Stay tuned for more updates on this exciting partnership!