Gyaan
  • 🙏GYAAN
  • Gyaan Ecosystem
  • UN Agenda 2030
  • 3 major Use Cases of Web 3.0
    • Digital Identity
    • Decentralized Finance - DeFi
    • Decentralized Autonomous Organization - DAO
  • Gyaan Whitepaper
    • Abstract
    • Contents
    • Introduction
    • Fintech Revolution, P2P Lending & Problems with Current Fintech Platforms
    • Blockchain, Cryptocurrencies & Emergence of DeFi
    • What is Gyaan ?
      • Gyaan Network
      • Gyaan DeFi Protocol
      • Gyaan DAO
    • Overview of the Gyaan Solution
      • Undercollateralized & Collateralized Loans
    • Products in the Gyaan Ecosystem
    • Overview of Gyaan Loans
    • Gyaan Revenue Streams
    • Engagement — Value Creation Proposition
    • Gyaan Ecosystem Tokens
    • References
  • Gyaan Pitch Deck
  • Gyaan Products
    • Gyaan Loans
      • Prototype of Gyaan Loan
    • GyaanPay
    • Gyaan Nodes
    • GyaanBAAS
    • SimplyGyaan
    • Gyaan Passport
  • Gyaan Ecosystem Tokens
    • Gyaan Governance Token
    • Gyaan Utility Token
  • Gyaan Liquidity Pools
    • Loan Liquidity Pool for Gyaan Loans
    • Staking Pool
  • Gyaan Ecosystem RoadMap
    • RoadMap of Gyaan Loans
    • RoadMap of GyaanPay
    • RoadMap of GyaanBAAS
    • RoadMap of Gyaan Nodes
    • RoadMap of SimplyGyaan
    • RoadMap of GyaanPassport
    • RoadMap of Gyaan Governance - GYDAO
  • Gyaan Ecosystem Team
  • Gyaan Ecosystem Development Partners
  • Gyaan Ecosystem Campaign Partners
  • Gyaan Ecosystem Exchange Listing Partners
  • Gyaan Ecosystem Investors, Mentors and Advisors
  • Gyaan DAO Foundation
  • Gyaan Litepaper
  • Gyaan on the Web
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  1. Gyaan Whitepaper
  2. What is Gyaan ?

Gyaan Network

Digital Identify - Gyaan Network

Gyaan Network provides an infrastructure for the products and tools offered in the ecosystem. GyaanSoulTM, Gyaan PassportTM & Gyaan VisaTM are products which will be housed in Gyaan Network.

  1. It will have catalogue and information of all the Educational Institutions, courses offered around the world.

  2. Information about the KYC/AML individuals and their wallets.

  3. Details of the assets used for collateral.

  4. Social media account details of the users to generate Gyaan Passport.

  5. Information about various DeFi, DAO, AI integration tools.

Note: Initial KYC/AML will be verified independently by leading 3rd party vendors. Gyaan Network will only hold the results of the verification PASS/FAIL/REJECTED/PENDING etc.

Gyaan Passport™ holds DeFi Credit Score ™ - An alternative Decentralized Credit Scoring System is generated to identify, verify, and then securely storing their information of the users both borrower and lenders who successfully verified KYC & AML compliance check in order to comply with regulation and to prevent money laundering issues etc.

(Compliance & Know-Your-Customer (KYC) protocols are extensively emphasized in traditional banking systems. However, KYC rules are the company's most important compliance instrument for implementing anti-money laundering (AML) and counter-terrorist financing (CFT) measures. Likewise, KYC rules, on the other hand, frequently conflict with DeFi's privacy efforts. DeFi addresses this problem using a more recent notion known as the Know-Your-Transaction (KYT) method. This method implies that the decentralized infrastructure would be more concerned with transaction behaviours and digital addresses than with the users' identities).

KYC does not mean centralization. Gyaan Network allows trusted third parties, identity providers to perform the KYC and verify the users instead of a central entity. Once successful in verification and AML screening we whitelist the wallet address. This way, DeFi remains decentralized while boosting trust and security.

As part of generating alternative credit score 2 things are created:

  1. GyaanSoul ™ – A unique SoulBound NFT generated and stored securely the information in a Decentralized way which is NOT transferable and

  2. Gyaan PassportTM which is DeFi score transferable.

Trademark terms of Gyaan Ecosystem's: GyaanSoul, Gyaan Passport, Gyaan Visa & Gyaan Credit Score, GyaanPay, Gyaan Node.

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Last updated 1 year ago