Place/Date: Singapore - July 4th, 2019 at 11:44 am UTC · 2 min read
Contact: Credits, Source: Credits
Credits, the fastest and most scalable blockchain platform, is working with Chainlink, a decentralized oracle network provider for smart contracts. Together Credits and Chainlink will develop the next key transformational and technological advancements for blockchain solutions.
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. The company is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well-known for providing highly secure and reliable oracles to both large enterprises and leading smart contract development teams.
Chainlink has capabilities to keep the data secure all the way. That is why Credits is going to use Chainlink’s Oracle in order to maintain smart contracts’ overall reliability and to secure its’ inputs and outputs. Due to Credits Platform’s speed of more than 50,000 TPS, transaction’s cost of $0.001 and a highly reliable decentralized oracle network of Chainlink, Credits and Chainlink are able to become the world-wide choice of payment transfers.
Both companies are stepping towards greater decentralization and the promotion of high-tech technologies to the market. Credits would like to foster collaboration and reach out to financial institutions and other industries for the implementation of the Credits Platform connected with Chainlink.
“Blockchain technology itself is based on decentralization and trust and the added feature of security is the utmost requirement of blockchain based solutions. We are glad to work with Chainlink. At Credits, we strive for transaction security to continue the established absolute trust. With Chainlink’s technology, we can reassure that trust and confidence on our platform.”
Credits is an international company that was founded in 2015 and is located in the USA, Singapore and Russia. Credits offers public and private solutions to its clients in any field of business needs. The peculiarity of Credits is a high-speed decentralized blockchain platform that provides up to 1 million transactions per second with a confirmation time of a single transaction around 0.1 second and low fees around 0.001 USD. The platform is intended to develop standalone smart contracts and decentralized applications.