There's a new kid coming to town, and ...
He's fast, very fast, and ...
He's smart, very smart, and ...
The cost to use it is very low ...
Will this child be adopted and become one of the leaders we will see just in time. He is young but I can see a lot of potential in it and I want to introduce it to you. His name is CREDIT! https://credits.com/en/
Credit is a new platform designed primarily for the financial industry but with wider possibilities. It offers a unique technical implementation of blockchain technology along with its own intelligent contracts, data protocols and cryptoes. The main parameters sound very promising and highly compatible.
Up to 1 000 000 transactions per second.
Average processing time per transaction is 3 seconds.
Transaction fees will be very low.
Currently the use of blockchain in the financial industry still faces some major difficulties and is still far from reaching its full potential. The credit team is trying to break into this lucrative market and solve some of its major problems with their new blockchain solution. At the moment it's hard to say that Credit will work because the project is still in the distribution distribution stage of pre-sale distribution, but things around Credit look very promising and if you are an investor, maybe this is your chance to buy it in the initial phase like this.
To maximize reduced transaction time Credit will not use mining as the age method but Node to be processed and written in the registry. As the owner of the reword node will be rewarded with 50% commission.
As expected for a project aimed at becoming one of the major players in the financial industry, security is one of the key aspects to work on. It looks like the Credit team did a really good job in their project field.
There are already a large number of blockchain projects that overlap with the expected market share of the Credits team. It will be difficult to write about all possible comparisons in a short format like a blog post so it's best to offer this chart to you so you get the ultimate idea of all the benefits this new kid has in the game.
It is clear now that blockchain will become the future standard for the financial industry when some of the current problems are solved. There are many uses of blockchain technology in this field. The most important are trading operations, digital identification of cross border payments, independent contracts, general data registries, insurance and more.
The credit team has been working on this project from 2016 and part of it is done and working. At this time they have a decent minimum product and the Alpha version is on its way. To close financial construction and follow their road plans, Credits will have two ICO and presale rounds going on right now and you can participate here: https://credits.com/en/home/ico#
PRE-ICO - in October 2017
ICO Round 1 in Nov-Dec 2017
ICO Round 2 in 2Q 2018
Conclusion:
The CREDIT project looks good but is still in the early stages of development and the area they are aiming to compete in the market is very competitive. The team looks good and they have some serious and experienced advisers who support them which is always a good thing to look at. If they provide everything they recommend on their roadmap, then Credit can be one of the major players for a money-saving solution that is easily preventable. This will be a huge success for them, but also for all early investors who have confidence in the Credit project at this early stage and invest in their ICO.
Link:
https://credits.com/en/
https://www.facebook.com/creditscom/
https://twitter.com/creditscom
https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
https: //t.me/creditscom
AUTHOR: dean andhika
https://bitcointalk.org/index.php?action=profile;u=1701319