Key Principles

Localcredit is built on a set of foundational principles that guide every design decision, feature, and future evolution of the protocol. 1. Your Credit is yours and yours only. We jus help compile it fairly and deliver it easily. 2. Privacy First. We never collect, store, or monetize personal data. All verifications use zero-knowledge proofs, you prove attributes without revealing underlying details.

• No centralized databases of personal information exist.

• Raw data (documents, emails, phone numbers) is processed and discarded immediately.

3. Inclusive and Progressive.

• Start with just a wallet connection and activity, build with that alone.

• Optional boosters (email, phone, traditional credit, KYC) accelerate growth but are never required.

• Excellent on-chain behavior alone can earn a high score over time, no one is excluded.

4. Neutral Infrastructure.

• We do not issue loans, hold assets, or compete with applications.

• We provide a shared, verifiable trust signal that any app, protocol, or institution can query and build upon.

• Innovation happens at the edges, not dictated by us.

5. Full Transparency and Verifiability.

• Every score change is backed by an on-chain transaction or cryptographic proof.

• Users can tap any activity to see the exact transaction hash, block explorer link, and plain-English explanation.

• Scoring logic, weights, and code are open-source and auditable.

6. Borderless and Future-Proof.

• Works across chains, countries, and contexts.

• Adapts over time through decentralized governance without becoming captured by any single entity.

These principles are non-negotiable. They ensure Localcredit remains a fair, private, and truly universal tool for financial trust, now and for decades to come.