What is Credits?
Aside from being a lunching platform, Credits is specifically designed to be a staple in the financial sector and in the internet of things, IoT. Because of the demands of their target markets, the platform is naturally fast-settles transactions within 0.1 seconds, cheap-network fees averages 0.1 USD cents and loaded with advanced smart contracting capabilities.
Furthermore, the network has high through put and can process millions of transactions without congestion. Technically, the Credits platforms allows for tokenization and issuance of different assets as bonds on the blockchain.
Four main components found in Credits are: Network Full nodes for transaction validations and data storage, Credits Wallet for directly interacting and transacting within the network, Smart Contracts for self-executions of set conditions and Credit Monitor for monitoring the blockchain.
Credits provide its members a technical conceptual scheme for direct interaction between each other. Their tokens, the CS, is an ERC20 compliant meaning it can be stored in any ETH supporting wallet and can be traded for other coins in different exchanges as Kucoin.