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Credits Blockchain: From Patent to Growth & Expansion

Credits Blockchain: From Patent to Growth & Expansion

On July 16, 2020, Credits firm introduced that it obtained a patent bundle for technological processes that may enhance circumstances of decision-making throughout the decentralized community. This is a particular area of interest of the corporate whose actions are geared toward offering distinctive cost providers that mix conventional and new options.

Credits is an open-source and decentralized blockchain platform for the event and execution of sensible contracts and decentralized purposes. The mission provides private and non-private options appropriate for B2C and B2B markets eliminating the issues of belief and uncertainty.

A function of the Credits exercise is its in-depth examine of the technological capabilities of the blockchain community and adaptation to fashionable enterprise necessities. Having developed its know-how from scratch, the platform supplies excessive operational reliability and efficiency. Through the corporate’s expertise within the high-tech market, gained in the middle of its growth, it continues to contribute to enhancing the blockchain processes and implementing new instruments. An vital step turned the acquisition of a number of patents for extra competitiveness within the enterprise surroundings.

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A current innovation, known as “Group Collaborative Decision-Making by Decentralized Network Nodes”, is the introduction of the technique of collaborative decision-making by heterogeneous nodes in an information transmission community to succeed in the utmost safety and effectiveness within the decentralized efficiency.

Another patent is said to the environment friendly era, execution, validation, and verification of transactions the place choices of a decentralized community relating to transactions are acceptable to all community nodes and is known as “Method and System for Transaction Processing in Decentralized Network by Network Nodes in Collaborative Decision-Making”.

And the final however not the least – “Parallel Pool Formation Under Decision-Making by Decentralized Network Nodes”. The invention is designed to considerably enhance the efficiency of a decentralized community by collaborative sharing work between pc gadgets of the identical class whereas making appropriate joint choices.

“The new requirements that we implement in our community, along with enhancing the capabilities of the platform itself, additionally enable us to succeed in a brand new aggressive benefit. Obtaining patents is just not solely an affordable strategy but additionally a chance to offer our superior customers one thing that others do not need. In the medium time period, the optimistic tendencies for development and cooperation will likely be progressively strengthened”, – Igor Chugunov, Ceo & Founder of Credits.

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