What Is LinkEye?

LinkEye (LET) is an independently created Hyperledger Fabric-based consortium-blockchain key enabling global credit cooperation. As per its whitepaper, utilizing blockchain technology and the credit economy model allows Linkeye to build a shared untrusted profiles list inside the credit alliance by combining separated credit data islands. The ultimate objective is to accomplish fairness via credit by creating a wide-range reliable credit system for society. The LinkEye project holds massive significance at a technological and scientific level to facilitate the growth of international credit-based society. 

Its whitepaper further claims, China's People's Bank did not start its nationwide unified financial credit information database until 2006. And thus, it is a reasonably short period for the current design to improve. Due to the irregularities and individuality of the Central Bank's design, the credit scoring delivered is not sufficiently set - showing a shortage of unification and consistency. Only three hundred million respective credit profiles were recorded in the database of Central Bank. However, the restriction of availability to the database makes it more challenging for non-government organizations to examine and upload credit information.

Based on the efforts of the credit markets in Southeast Asia, China, and Europe, LinkEye seeks a direct entry point into the industry. LinkEye created a shared list of suspicious profiles within the credit cooperation by combining isolated credit data and solving the issues of high costs, accessibility, data discrepancy, and shortage of talents using the credit economy model and blockchain technology. With this, the platform aims to boost economic growth and gain fairness by forming a complete, reliable credit design for the whole society.

The LinkEye Foundation started and functions in Singapore. It is devoted to encourage LinkEye's growth and governance transparency and also enable the alliance's safe, efficient, and orderly evolution. The Foundation helps control the general problems and benefits by setting a functional governance structure.

LET token.) is native to the LinkEye platform. The token holders utilize the LET token for performing transactions and trading in return for products and services.

History of LinkEye

The LinkEye platform was founded in February 2018. In mid-2019, the platform released the Credit Whitelist for building individual profiles. In the same year, LinkEye established the enterprise credit system.