Cred Build began as a concept in 2014. We realised that the internet has allowed people to trade with strangers like we never have before, such as the development of the ‘share’ economy. The only problem is sometimes things don’t work as well as we’d like because buyers and sellers never know who they’re dealing with. Sometimes people won’t pay, goods provided are defective, tenants damage property or people just don’t show up when they say they will. Cred Build helps to reduce these risks by keeping people accountable across all types of transactions.

 

When you’re going to have a transaction with someone new, start by looking at their profile. If their past transaction reviews are good and they’re verified, you know it is pretty safe to trade with them. To make sure your deal goes well, set up a transaction with them for the time the transaction will end (e.g. for a property rental, set it for the move-out date) then you will be able to review that person within a week after the end date. That way, you know if there are any problems, you can include it on their profile so others will know what to expect.

 

Although as a new user you won’t have reviews, you’ll be able to build those up quickly. Unlike other sites, Cred Build allows you to review any transaction, be it a rideshare service, a property rental or sales of goods. This allows you to build up your cred so that even if you haven’t done a particular type of transaction before, they can see that you have been good to trade with in other types of transactions.

 

Moving forward our end goal is to integrate this service with all business platforms in the world so we have a uniform review method allowing all business to have a fair idea about who they are doing business with.