journal article·2025-11-21Open access

A Novel Blockchain Architecture for Secure and Transparent Credit Regulation

Xinpei Dong, Fan Yang, Xiangran Dai, Yanan Qiao

Applied Sciences· Volume 15· Issue 23

Abstract

Accurate and automated credit assessment systems are fundamental to the integrity of financial ecosystems, underpinning responsible lending, risk mitigation, and sustainable economic growth. In light of persistent economic uncertainties and an increasing frequency of credit defaults, financial entities face urgent demands for robust and scalable risk evaluation tools. While a diverse array of statistical and machine learning techniques have been proposed for credit scoring, prevailing methods remain labor-intensive and operationally cumbersome. This paper introduces VeriCred, a novel credit evaluation framework that synergistically combines automated machine learning with blockchain-based oversight to overcome these limitations. The proposed approach incorporates a data augmentation strategy to enrich limited and heterogeneous credit datasets, thereby improving model generalization. A distinctive blockchain layer is embedded to immutably trace data provenance and model decisions, ensuring full auditability. By orchestrating the end-to-end workflow—including feature extraction, hyperparameter optimization, and model selection—within a unified AutoML pipeline, the system drastically reduces manual dependency. Architecturally, the framework introduces C-NAS, a neural architecture search mechanism customized for credit risk prediction, alongside A-Triplet loss, an objective function tailored to refine feature discrimination. To address opacity concerns, an interpretability component elucidates feature contributions and model reasoning. Empirical evaluations demonstrate that VeriCred achieves superior predictive accuracy with significantly reduced computational overhead, offering financial institutions a transparent, efficient, and trustworthy credit scoring solution.
Source: crossref · Quality: baseline

Research context

OpenAlex topics: Financial Distress and Bankruptcy Prediction · Credit Risk and Financial Regulations · Imbalanced Data Classification Techniques

SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.

Affiliations

The School of Computer Science and Technology, Xi’an Jiaotong University, Xi’an 710049, China

Xi’an Shuzhi Technology Co., Ltd., Xi’an 710000, China

The Text Computing & Cognitive Intelligence Engineering Research Center of the Ministry of Education, Guizhou University, Guiyang 550025, China

The Key Laboratory of High-Performance Distributed Ledger Technology and Digital Finance under the Ministry of Education, Hunan University, Changsha 410082, China

Funding

Text Computing & Cognitive Intelligence Engineering Research Center of the Ministry of Education · Key Laboratory of High-Performance Distributed Ledger Technology and Digital Finance under the Ministry of Education · Fundamental Research Funds for the Central Universities · Xi’an Jiaotong University Suzhou Academy—Suzhou Broadcasting System

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