CREDITS

Decentralized financial system

Abstract

CREDITS platform is a decentralized financial system for the direct interaction between participants on peertopeer (P2P) principles. The platform expands the potential of using financial services on the basis of a distributed ledger, selfexecuting smart contracts, and CREDITS cryptocurrency. The system is aimed to unite all participants on one site, providing them with a platformfor creating and using financial services; where everyone can both offer a service and use it. Thanks to a welldefined and balanced technological system, the CREDITS platform offers a new technical solution and a new conceptual model of networking participants’ interaction for the development of moderndecentralized financial services.

Introduction

A fully peertopeerarrangement for service delivery systems which allows for formingfinancial services: money transfers, currency and value exchanges, crediting, funding and other servicesdirectly between participants. Everything is provided without additional intermediaries, according to a principle — one of the equal participants — to other system participants. As a result, everyone gets cheaper, faster and better services.

The world is moving towards the direct interaction between people on peertopeerprinciples –equal to equal. A revolution happened! This is clearly seen by the overturn in the mass media: until the1990s, newspapers, magazines, and TV were the main providers of information. Today, opinion leadersare bloggers, found on Youtube channels and social networks, money is invested in crowdfunding andICO, and information is stored in decentralized cloud systems.

The financial industry, perhaps, is one of the few industries that lags behind, that resists theintroduction of decentralization and direct interaction between participants. Although, technically, it ismuch easier to create decentralized financial services than it is to create unmanned vehicles.

A corresponding technological environment is required to create a system of decentralized financial products and services based on distributed ledger:

  1. High execution speed (in seconds), together with the capability to handle a huge number of transactions simultaneously (hundreds of thousands per second) at a low cost of each transaction (for micro payments and noncash transactions).
  2. Development of a system where all participants and items necessary for the qualitative financial decentralized services are combined: personalization of users, KYC, credit history bureau, settlement centers of fiat money, withdrawal and cashing of cryptocurrencies and so on These are two big and basic tasks that currently hamper the development of peertopeerfinancial products.

We present you a solution to these tasks, we implemented with the help of the CREDITS financial system.

CREDITS single technological decentralized platform can combine all participants of financialservices, safely and quickly execute all transactions using the principles of a distributed ledger.

Selfexecuting smart contracts and the principles of a federative voting system provide unlimited opportunities for all participants to create unique interactions of various financial products. The platform opens a new huge market and a new potential for using blockchain projects and services in financial and other sectors that could not be used previously because of speed and transaction costlimitations.

PreICO will start on October 25

We are offering our participants a total allocation of 2% from our overall token supply.

The total number of tokens in circulation may vary, depending on the actual amount raised during Token Sale;

Soft cap for the 1st round of ICO is 80 000 ETH,
Hard cap for the 1st round of ICO is 120 000 ETH,

 
 But in any case 2% of tokens will still be designated to the bounty campaign
 1 600–2400 ETH
 1 ETH = 2 000 CREDITS (CS)

We declare our bounty program open! If you join our campaign in the Bonus period for early birds you will receive:
 
6 Oct. — 31 Oct. Bonus + 20% to all your stakes
1 Nov. — 10 Nov. Bonus + 10% to all your stakes

Bounty Campaign Token Allocation:

Overall Bounty:
4 800 000–7 200 000 CS (equals ~ 1 600–2 400 ETH)\

Signature campaign 30%
1 440 000–2 160 000 CS (~ 480–720 ETH)

Facebook campaign 15%
720 000–1 080 000 CS (~ 240–360 ETH)

Twitter campaign 15%
720 000–10 80 000 CS (~ 240–360 ETH)
Blogs / News / Video Content campaign 20%
960 000–1 440 000 CS (~ 320–480 ETH)

Translation / Community Admin campaign 15%
720 000–1 080 000 CS (~ 240–360 ETH)

Telegram campaign 5%
240 000–360 000 CS (~ 80–120 ETH)

if you want to feel success with us, please join here ..!

To find out more about CREDITS use:

MY BITCOIN USERNAME : aryaadikariyansyahsuwarto

MY ETHER WALLET ADDRESS : 0xAAdB2C462a98fB6c4Ddc055fa4A0baE6832076E1

ANN THREAD : https://bitcointalk.org/index.php?topic=2190887

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