Platform credit used to hinge on the value behind the receipt and the pledge ratio. Now there is a second path: the data feeds and attestation chains themselves can be booked. The finance ministry's interim rules on data-resource accounting opened the accounting door for exactly this.

In resale terms, the live market feed is a real-money signal running every day, and the SHA-256 attestation chain on digital receipts is tamper-evident proof of title. Bundled as credible data assets, they give the lending bank an extra dimension; not just what is pledged, but whether the deal's data is coherent and the title clean.

This matters most for asset-light intermediaries. Without tanks of inventory or stacks of bills on the desk, data credit alone can stretch working capital. The precondition is genuine data and a traceable chain; demo data padded into the books is worthless.

The direction is clear: the credit base is shifting from collateral value toward data credit. Done right, a reseller's turnover improves faster than by pledging a few more receipts; done loosely, it amplifies risk. Data assets are not a magic pledge, only real ones carry weight.