Spring Labs and TransUnion Bring Credit Data to Public Blockchain Networks for the First Time

Spring Labs is bringing TransUnion’s identity and credit data on-chain via the ky0x Digital Passport to help accelerate Web 3 and DeFi adoption

For the first time ever, off-chain credit data from TransUnion (NYSE: TRU), a global information and insights company, will be made available on public blockchain networks via Spring Labs’ ky0x Digital Passport. The move enables better-informed, privacy-preserving DeFi and Web3 applications (internet applications based on public blockchains), unlocking a new world of permissioned and reputation-based products and features.