Crederity - Trust matters. Join the trusted Internet.

About

Crederity is a new service that applies sophisticated technologies and programs to helping people and businesses easily establish trust on the Internet. As the web’s first guaranteed trust builder, Crederity enables people and businesses to certify their own integrity and that of others.

Crederity has developed proprietary fact verification technologies enabling people to verify identity and credentials including background, education, and employment history. Crederity’s comprehensive suite of verification tools is used to confirm pertinent Trust Facts™, and award each verified user a Crederity Card and the Crederity Trust Seal. This emblem of trustworthiness can be associated with the users’ resumes, online profiles, blogs, and other online presences, empowering them as a person of integrity.

In addition to helping persons of integrity, Crederity is committed to the development of businesses of integrity. Recruiters and corporations can streamline their background screening processes, make them transparent to clients and third parties as a differentiator, and shorten the hiring cycle by requesting candidates to obtain Crederity Cards, resulting in significant savings. Web service operators can increase the stickiness of their web sites, lower barriers to transactions and interactions, and build a trusted community via Crederity Web Services, which allow sites to integrate the same trust tools that power Crederity.

History

The precursor to today's Crederity was a spinout from a graduate-undergraduate student collaboration within the Wharton School at the University of Pennsylvania in Philadelphia, PA. After the founders won honors from Wharton in 2005 for their concept and technology, set up shop in New York City and Philadelphia, and spent over a year assessing the needs of potential users, the founding team set out to prove the viablity of their concept in Bangalore, India in the summer of 2007. Why India? Given the lack of a functioning ID system in India, and increasingly serious reports of fraud, the founders realized that the country would be a perfect testing ground and stress test for identity and credential authentication.

The rush of positive support confirmed that the team was on to a great idea and that real needs were being met with Crederity's services and technology. Within months of becoming operational, Crederity had helped thousands of individuals prove and assert their identity, credentials, and integrity. Over a dozen companies ranging from small and medium businesses to Fortune 500 companies had taken notice and joined on as business users.

Not only had the team demonstrated that their technology and processes worked, but gauging from the enthusiasm, they had also shown that individuals and businesses were eager for solutions to pressing identity and credential issues in the online era. With Crederity India taking off and the model of Crederity's founders successfully validated, the founders re-focused on their U.S. presence. The company is currently gearing up for the full launch of its U.S. services in the summer of 2008, and is now working with select individuals, businesses, and non-profits to pilot Crederity.