"Creits" Decentralized platform for financial services. ICO LIVE.

• https://credits.com/

CREDITS project is a decentralized platform for financial services. Site users will be able to both offer the service to others and take advantage of the financial capabilities of the platform. CREDITS is a new IT solution for customer interaction. The project will allow to carry out transactions without intermediaries, namely exchange of currencies, transfer of money resources, crediting and other services. Absence of a third party in the conduct of operations will make them cheaper, faster and qualitative. To date, the financial sphere of activity refers to lagging behind in the sense of introducing decentralization and the links of participants directly. The CREDITS project has the necessary technological capabilities to form a platform for decentralized financial services and products. This is a high speed of execution and the ability to process a large number of transactions at a low cost for each of them. And also the possibility of creating a system that will unite participants and necessary elements, such as customer personalization, payment centers, credit histories and others.

When building the CREDITS network, different types of nodes were used: common, trusted, main. The nodes are interconnected, there is a constant exchange of new blocks with transactions, which provides timely information on each of them. All nodes are decentralized. At any time on the platform there is an up-to-date copy of the registry. Blockchain technology ensures the reliability and consistency of data. Starting and synchronizing each node occurs after checking for trust. All processes are carried out simultaneously to improve the speed of information processing and processing. As a result of the operation, a digital code is created. To accelerate transactions, the CREDIT platform has its own protocol. The decentralized register CREDITS has the following principles: availability, modifiability, consistency of all nodes, resistance to separation. The company plans to support the nodes, encouraging the use of powerful server equipment and the use of the Internet with a large bandwidth. Owners of servers will receive a reward in monetary units of CREDITS.

Before the main node is the task of obtaining transactions to add to the registry from other nodes, processing and creating a new up-to-date registry with the subsequent transfer of it back. The registry entry includes the direction of the financial transaction, the initial and final account, the category of write-off or transfer, the amount of the transaction. Also in the record is the node identification and the formation time stamp. This method of work will improve the reliability of the registry, exclude the possibility to change records. Data during the operation will be sent through the communication channel in an encrypted form. A channel is a separate thread connecting the main and normal nodes. The algorithm allows two bidders to obtain a common secret code. The key can be used for messaging. During the operation, information about changing the registry is sent to all nodes. To synchronize the registries, if possible, you must use a special port. This will make it possible to increase the speed due to the load distribution. Synchronization will be performed on a cyclic basis.
Developers of the network created the currency CREDITS, which will be used in the system. The monetary unit will act as a means of payment for internal transactions in the system. It is also necessary for exchange of currencies and other values, for the formation and processing of operations based on smart contracts, for the purchase of materials from other sources for the use of platform services. The cost of services in the system will be flexible and can vary depending on the load of the platform and from the specific client of the system. For transactions of different types, the individual cost will be displayed. After a while, a scheme of automatic pricing will be developed.
After the conclusion of a smart contract, all obligations will be performed automatically. The fulfillment of the contract conditions will be guaranteed in one operation. The CREDITS platform will use information and data from third-party suppliers. For site clients such information will be provided upon request. The payment for the data is carried out in the currency CREDITS.
Released 1,000 million units of CREDITS (ticker CS). They will be exchanged for ERC20 standard tokens in a 1: 1 ratio. The ICO will be held from 15 to 28 February 2018. The site https://credits.com/ presents information about the project and ICO. The first to sell coins will be allowed to users registered in the WhiteList CREDITS ICO.

• https://credits.com/
• https://credits.com/home/ico
• https://bitcointalk.org/index.php?topic=2401248.0
• https://t.me/creditscom

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