About Credits Blockchain
LeewayHertz selected Credits, due to its high scalability and capacity. An open-source blockchain platform based on peer to peer principles explicitly developed for the financial sector and Internet of Things. The platform can handle over a million transactions per second, offers low fees starting from 0.001 USD and lightning-fast transaction speed. Credits extended functionality for the development of decentralized applications is complemented by advanced smart contract features – cycles and schedules which help companies optimize operations.
Credits Blockchain Solutions
Credits is an open blockchain-based platform for autonomous smart contracts with their cryptocurrency and over 1,000,000 transactions per second. Credits is the first fully autonomous system in the smart contracts. Also, their smart contract’s language supports loops and task scheduling.
Credits have provided a solution for storing any computer information in the decentralized blockchain network. Credits also offer Storage of information in a network with guaranteed invariability and without centralized administration.
The Credits blockchain platform acts as a reliable, independent and decentralized solution for the Internet of things. Devices will be able to store information in the blockchain by using credits API and pairs of public and private keys by launching smart contracts
Credits blockchain offers the complete decentralization and permanency of transaction record in their public transactions register. Companies and services can use their public transactions register as proof of the confirmation of performed actions.
Credits cyclical launch will perform repeated registration of data from sensors and oracles which are necessary in financial, IoT and other solutions to create stand-alone services that will work globally on all nodes of the network.
Credits Process scheduler allows a smart contract to call internal functions within a specified time and algorithm which will provide highest possible probability to the assigned task. By eliminating single point of failure, credits blockchain platform will provide distributed network of nodes.
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