KYC

This section explains about the KYC included in the credit scoring model.

DCA score is done with a KYC which is allocated 25% of the score under off-chain credit allotment. All KYC data is encrypted and stored on a decentralized perpetual storage and converted in form of ntNFTs which are then attested to the user's DID. Any wallet under the DID is represented by the same user KYC. The KYCs are done in a standard format like any fintech application.

Under DID KYC, DCA consists of two different forms of KYCs:

• User KYC

• Business KYC (To be introduced later)

In terms of scoring, there is no distribution of the KYC score. If a user has completed the KYC, they get 100% of the KYC score under off-chain model and if not they are allot a 0 in terms of KYC score under the scoring methodology.