A Complete Privacy-Preserving Credit Score System Using Blockchain and Zero Knowledge Proof

Abstract

As an essential means of privacy protection technology, zero-knowledge proof has gradually been applied into various fields with the development of blockchain technology, such as the Internet of Vehicles and Bitcoin. Personal comprehensive credit score as a measure to promote social governance is closely related to personal privacy. Although there are currently credit score calculation systems for various application scenarios, these systems almost ignore user privacy protection, which leads to user information leakage or abuse. The combination of zero-knowledge proof and personal credit score calculation has been studied by a number of researchers at the present stage. However, all data are provided by users directly in the current schemes, which did not consider the data authenticity under the situation that users provided false data. In this paper, we utilize zero-knowledge proof to design a novel privacy protection scheme for personal credit score calculation, taking into account the authenticity verification of multi-dimensional user data. In addition, our scheme also proposes the concept of a universal verification platform based on blockchain for personal credit scores. This platform has more substantial applicability and versatility for any qualified institution that requires querying and verifying user’s credit scores. At the end of the paper, we conducted a security analysis and performance evaluation for the overall scheme.