Blockchain-Based Identity Authentication and Intelligent Credit Reporting

Abstract

This paper elaborates on the blockchain-based identity authentication and intelligent credit reporting method. The technologies of multidimensional authentication, multifactor weighted score calculation, security threshold, distributed ledger, smart contract and encryption algorithm are proposed to realize dynamic identity security authentication and intelligent risk control. The user behaviour analysis system, real-time risk identification system and intelligent risk prevention system are constructed. The multidimensional credit data collection is realized through blockchain distributed nodes. The distributed ledger of credit reporting, intelligent pricing of assets and automatic credit rating of users are proposed. It realizes credit reporting system and service based on multidimensional data, distributed ledgers, and smart contracts.