CREDITS
financial blocking platform
Hallo guys...this time I will explain about the new open platform for the creation and management of financial services based on blockchain
Financial block-platform CREDITS, ICO.
From 1.02.2018 to 28.02.2018 will be held ICO large-scale financial platform CREDITS. Pre-ICO has brought $ 3 million. If you have not registered yet, you can go here: https://credits.com/en/
To date, MVP works (a product with minimal functionality), you can try it here: https://credits.com/en/wallets/login .
IMPORTANT: The sale of tokens will be conducted on Ethereum, to participate, create a purse and an account Ethereum. Tokens Ethereum can be exchanged for CREDITS (they have a common standard ERC20) after the beta version of the Beta project CREDITS.
What is CREDITS now:
The transition of the financial sector to the blockbuster will accelerate, secure and simplify the process of conducting transactions. Thus, the productivity of businesses will increase, and the possibility of fraud will be reduced to zero. It is not an easy task to reform the sphere of finances because of the wide coverage of the audience, a huge number of operations and nuances.
Developers CREDITS plan to create a platform where services, banks, sellers, buyers, artisans can interact with each other. Want to pay for the freight transportation of your products or buy a new floor lamp for your bedroom - everything can be done on the premises of CREDITS.
For the creation of such a project, a company from Singapore undertook. Let's see what they get:
CREDITS-blocking is a step towards the decentralization of the financial sector. Where decentralization is carried out through:
- the introduction of p2p client, when all users participate in the work of the platform;
- the introduction of CREDITS tokens ERC20, when the data of card-accounts of users are translated into a code. That is, your personal information will look like a chain of rambling numbers and letters - this is a token.
Many financial transactions are already being conducted on Bitcoin and Ethereum, but because of the low speed and expensive transactions, these are the exceptions. The founders of Credits offer such an option: to create a platform with a clear focus on the financial sector. To realize the goal, programmers improved old technologies and added new parameters and thus:
- increased the number of transactions to 1,000,000 per second;
- reduced the transaction value to 0.001USD;
- reduced the time to complete the operation to 0.1 seconds.
The distinctive features of the platform are as follows:
- CREDITS is a public platform with open source. What allows each member of the blockroom to make changes to the system, improving its work;
- Smart contracts provide work in the offline mode and necessary protection against malicious software;
- only a limited number of tokens is issued;
- consensus is achieved with a speed of 0.01 seconds to 0.5 seconds (based on DPOS + BFT);
- protection by smart contracts, homomorphic encryption;
- DLT configuration for the financial sector;
- asymmetrical and symmetric crypto algorithms are used;
- allowed the creation of third-party applications based on CREDITS;
- application programming interface (API);
- the size of the blocks is unlimited;
- Compression of information up to 90%.
The creators of CREDITS say that at the end of 2017 there were no analogues to this product: neither by speed, nor by the cost of transactions, nor by the scale of development.
What's next:
The short-term project plan is designed for the period from October 2017 to June 2018 and includes the following stages:
1. February, 18: ICO is planned, CREDITS tokens will appear on crypto-exchanges, the development of the pre-Alpha version of the project will end.
2. March, 18, alpha version, the first customers.
3. June, 18, release of ready-to-use product, customer support, platform improvement.
The long-term plan is planned to be implemented from 2018 to 2020.
1. in 2018 ICO, the currency CREDITS appears on exchanges, platform development, the first updates, customer support, the formation of a database of services.
2. In 2019, the creation and support of services, the promotion of currency CREDITS on exchanges.
3. In 2020, the creation of new applications and updates, work with services, the withdrawal of currency CREDITS beyond the platform.
It is worth noting that the project is located in Singapore. The country ranks third in the ranking of major financial centers of the world, according to the Global Financial Centers Index (2016).
The project involves programmers with experience of 10 years, entrepreneurs, employees of financial and banking spheres.
The project is revolutionary, useful and expected. Let us wish good luck to the guys!
Official website: https://credits.com/
BitcoinTalk: https://bitcointalk.org/index.php?topic=2190887
Facebook: https: //www.facebook.com/creditscom/
Twitter: https://twitter.com/creditscom
Medium: https://medium.com/@credits
Telegram: https://t.me/creditscom
Bitcointalk Profil: Wong linglong3
https://bitcointalk.org/index.php?action=profile;u=1229230
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