METHOD AND APPARATUS FOR A CONSUMER CONTROLLED, DECENTRALIZED FINANCIAL PROFILE

摘要

The system provides a method of storing the financial data of a consumer in a lockbox on a blockchain. The financial data is written to a lockbox by a writer (e.g. credit bureau, financial institution, data provider). The data is read by a reader (e.g. lender, investor, and the like). The blockchain technology provides security and auditing so that the information can be trusted, and any modifications can be identified and confirmed. The lockbox comprises a smart contract and SMPC group participants.