So I was thinking about another use case for
@zama_fhe , and i thought about credit scores.
Normally, when banks decide if they should give you a loan, they ask for all your private money details, like:
- How much you make
- What you owe
- Even how you spend
Basically, they see your entire financial life just to check if you’re risky or not, which is a huge privacy problem
But Zama already has a solution to this, They made a demo using Concrete ML where credit scoring is done on encrypted data
The system still finds patterns, guesses approval chances, and spots risky borrowers, but it never actually sees your raw info, your details stay private
This proves you don’t need to give up privacy for fair lending
Banks or apps still get the tools to judge risk, while you keep control over your data
And the best part is that the demo is free to try on Hugging Face, giving you a practical feel of what this use case is like
But i have an idea, what if?
Just what if we brought this tech straight into DeFi apps like Aave
Right now Aave has over $20B locked up, but everything is public, people can see your collateral, your loans, even if you’re close to getting liquidated
Which could invite sniping and bias.
But with FHE, credit scores could be built in secretly, letting you get private loans, fairer interest rates, and hidden strategies, all still decentralized and verifiable.
All this isn’t beyond reach, If confidential credit scoring already works today, then private fraud checks, personalized lending, and secure investing platforms are all a smash
#ZamaCreatorProgram