Startup details

Synnax

Synnax is a protocol that aggregates credit intelligence and generates impartial and forward-looking credit ratings using a decentralized consensus model. By leveraging advanced encryption technology, Synnax ensures that rating-seeking entities maintain data privacy while sharing information with a decentralized and independent network of data scientists. Data scientists are incentivized to build, train, and continuously improve machine learning models, which infer on encrypted data, and produce outputs that are aggregated to generate consensus credit ratings and credit intelligence. Synnax employs a blockchain-enabled process to ensure transparency, promote scalability, and offer lucrative participation incentives through a token-based model.