The CREDITS platform is a decentralized financial system based on peer-to-peer (P2P) principles, enabling direct transactions between participants. The platform expands the potential for using financial services built on distributed ledgers, self-executing smart contracts, and the CREDITS cryptocurrency. It aims to unite all participants on one site, providing them with a platform to create and use financial services; anyone can offer and utilize services. Thanks to its clear and balanced technical system, the CREDITS platform offers new technological solutions for developing modern decentralized financial services and an innovative conceptual model for network participant interaction. CREDITS coins can be used as an internal payment method within the system. CREDITS can also be used for exchanging different currencies and various values within the system, creating and processing operations based on smart contracts, and purchasing information from third-party sources for service use in the system.

I. Project Applications

The credit blockchain allows for the issuance of products such as certificates of deposit, bank guarantees, stocks, bonds, letters of credit, cryptocurrencies, and other currencies that work on the blockchain and are tied to fiat currencies, loyalty program points, and other assets. Digital assets issued on the blockchain have the same properties but differ in their technical implementation:

• Products are issued and circulated between accounts within the Credits blockchain (not in public systems).

• Possibility to use new assets and integrate them into other services and IT systems: exchanges, traditional banks, payment cards, etc.

• Digital assets are transferred directly between network accounts without intermediaries: banks, SWIFT, card services, etc.

II. Project Features

1. Public Data. 
While maintaining anonymity, all transaction data of interacting parties is disclosed, stored in a reserved and immutable blockchain. Unique tools for automating the creation and management of contracts through automatically executed blockchain programs. Issue tokens for your services and processes using platform tools based on smart contracts, without intermediaries, using Credits.

2. Direct Payments.
Credits is an open blockchain platform designed to create services for blockchain systems using automatically executed smart contracts and a public data registry. Credits is an open blockchain platform with autonomous smart contracts and an internal cryptocurrency. The platform is intended to create services for blockchain systems using autonomously executed smart contracts and a public data registry.

Related Links:
https://credits.com/en/home/sln/0