CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry.
The platform can execute more than 1,000,000 transactions per second and has an execution speed of 0.01 seconds. Because transaction fees are minimal, high-volume applications are possible in a way that no other available blockchain can match.
CREDITS platform is the first completely autonomous blockchain system. The platform offers a new, extended application programming interface (API) that utilizes a Turing system capable of creating services using cycles, schedules, and unique functions. No other platform offers smart contract execution speeds near those of CREDITS. In addition, the CREDITS platform can function completely autonomously and without the need for external systems’ participation. Accordingly, CREDITS is fundamentally differentiated from any other current blockchain platforms.
EXAMPLES OF USE OUR TOKEN
1. Payment for the smart contract creation
2. Performing operations on smart contracts
3. Adding information on the operation to blockchain
4. Payment for the transfer of CREDITS cryptocurrency between platform participants
5. Purchase of information from third-party sources for services within the system (the use of oracles)
6. For operations on the exchange of different currencies within the system
7. Fee for the transfer of tokens created on the CREDITS platform