Cred Weekly Report #4

Cred
Cred
Published in
2 min readApr 11, 2018

Welcome to Cred’s weekly report #4. We will publish content covering our progress in project development, events, and other activities to keep in touch with our global community.

The Cred Weekly Report is maintained by the Cred team directly. If you have questions or suggestions, feel free to send feedback to lsun@mycred.io

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· Cred has been linked to KYC (Know Your Customer) service provider.

· Cost estimates and product evaluation have been completed.

· Reports on progress and outcomes during the 1st Asian Meet-up in Korea are ready to be published.

Cred CEO Lu Hua giving a speech and introducing the team members at Blockchain Asia 1st meetup.

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Development Progress:

  • Cred development team has deployed core modules for Cred pilot for end-to-end testing.
  • Merged 2 newly added commits for offlineSignProvider: logging and testing.
  • Worked with Civic team on preparation for production.
  • Worked with external KYC vendor to test whitelist integration.
  • Initial commit of public sale smart contract and token vault contract from Cred silicon valley team;
  • Successfully implemented the logical algorithm for daily settlement of loans, as well as query algorithm for a summary of the balance owing on the account for the loan.
  • Realize the function of repayment settlement, including variable pay off and liquidation.

Cred team in the Q&A session.

Cred CEO Lu Hua was being interviewed by the Korean media.

Follow us for the latest news and project updates:

Buy Cred’s LBA Token on Uphold: https://uphold.com/

Inquire about a Cred Loan: http://bit.ly/CredLoan

Website: https://www.mycred.io/

Twitter: https://twitter.com/ihavecred

Email Inquiries: info@mycred.io

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