CREDITS
CREDITS
Token: CS


Invest in credits

ICO dates
Start date: 2018-02-15
End date: 2018-02-28

Registrated in: Singapore

Platform: Ethereum

PREMIUM ICO

HARA

Empowering billions by utilizing a global and transparent data exchange.
Ends in 82 days 2 hours
Goal: 17,000,000 USD
Price: 1 HART = 0.059 USD

Dominium

Dominium Blockchain – The one-stop-platform for everything to do with property anywhere in the world!
Ends in 51 days 2 hours
Goal: 17,500,000 USD
Price: 1 DOM = 0.25 EUR
https://credits.com/ Screenshot
CREDITS categories
Other Platform
CREDITS whitepaper
CREDITS token sale
KYC passing required No | Whitelist No | Restriction for countries No
Price 1 ETH = 5,000 CS
Price in PreICO 1 ETH = 5,000 CS
Acceppting BTC, ETH
Bonus in ICO
Pre-sale 30%
CREDITS news, social
CREDITS search trends in Google
Random whitepaper excerpts

CREDITS
credits.com
INTRODUCTION
INTRODUCTION
CREDITS platform offers a new and
unique technical implementation of
blockchain technology, smart
contracts, data protocol and has its
own internal cryptocurrency.
We strive to achieve unique
technical parameters of the
network

up to 1,000,000
transactions per second. The
average processing time of each
transaction is 3 seconds with a very
low cost of each transaction;
reaching a hundredth of a percent.
We have developed MVP
(Minimum Viable Product) and
have confirmed the technical
feasibility of implementation by
industry experts.
NEW PLATFORM
We offer a truly new product for
users.
These features are achieved
through a new algorithm for finding
consensus, a new scheme of the
registry operation, processing and
saving transactions; based on the
algorithm for solving finite state
machines using the model...

CREDITS
credits.com
BACKGROUND
EMERGENCE
The first blockchain platform

Bitcoin

offered a new form of interaction
between the participants. The
decentralized principle of interaction,
where participants make the transfer
of value through bypassing the central
authority, which previously seemed
impossible was actually developed and
demanded by users.
The Bitcoin network makes only one
transaction

transferring internal
value from one participant to another.
The Ethereum platform is the first
successful attempt to transfer complex
interaction processes through the
built-in programmable solutions called
smart contracts, also acting
independently and in a decentralized
manner.
DRAWBACKS
The first blockchain platforms initially
had a small number of followers and
were mainly used by encryption
enthusiasts. They were not initially
designed for a...

CREDITS
credits.com
CURRENT PLATFORM
ISSUES
Currently, network latency is one of
the main limitations of many
blockchain networks. In the Bitcoin
and Ethereum networks, the average
transaction time is more than 10
minutes. In comparison, transactions
of credit card payment networks take
only seconds.
TECHNICAL PROBLEMS
We highlight the following problems:
Bandwidth

network capability to
process a certain amount of
transactions
Latency

actual response time
compared to the expected response
time
Transaction speed
Cost
- a
parameter for all operations
and in particular for 2 groups of
operations
1. Micropayments for a small
transaction cost

for example,
buying coffee, shopping, microloans
2. The Internet of Things operations,
for networking different objects.
The amount of data saved
-
At the mo...

CREDITS
credits.com
PROJECT DESCRIPTION
WHAT IS CREDITS?
WHY CREDITS?
We present a solution to previously
highlighted problems by implementing
the CREDITS platform.
A single distributed decentralized
platform built on blockchain operation
principles, executing smart contracts,
and the internal CREDITS
cryptocurrency.
The CREDITS platform will open up a
huge market and creates a new
potential for using blockchain in
financial and other industries for
projects and services built-on
blockchain and smart contracts. These
services haven’t been able to fully
develop due to current technical and
cost limitations.
CREDITS FACTORS
1. A new technological solution to
problems
2. Aimed at a specific target audience

the financial industry
3. MVP Ready. Project prototype
4. Simultaneous processing of up to 1
million transactions per second
5. The average operation time is

CREDITS
credits.com
CREDITS SECURITY
Below are the consolidated ways to
improve security.
1. HOMOMORPHIC
ENCRYPTION
The use of homomorphic encryption
allows us to work with encrypted
queries at all steps of the iteration
step (rank).
2. HASH SEARCH
In the beginning round of the
generation and addition of a new
transaction pool for the registry, hash
(checksum) relevance is analyzed for
the locally stored registry

as a way
of identifying untrusted nodes.
3. HASH VALUE
The use of Blakes is a faster and
crypto-stable function for getting the
Hash value for the parameter sought.
4. DECISION-MAKING
Use the federative decision-making
principle for added transactions

as a
way of verifying the validity of
transactions and minimizing the
likelihood of illegitimate transactions.
5.
С
++
Abandon the use of third-party
Frameworks, ...

CREDITS
credits.com
CREDITS TECHNOLOGY
BALANCED SYSTEM
CREDITS is a complex of technological
software developed by the
CREDITS.COM PTE. LTD
team. Thanks to a deep analysis of user
needs, we are developing a unique and
balanced system to achieve high-
speed operation processing while
maintaining the blockchain system
principles and very strict security
requirements.
SECURITY
We place the network security at the
forefront. We utilize the appropriate
network operation scheme, experience
and all the latest advances in the field
of encryption.
NO MINING
Transactions are transferred
centralized for processing to the main
node, where they are processed and
written to the registry. This reduces
transaction processing time. The node
owner receives 50% of commissions.
SHORT TIME TO FIND
CONSENSUS
We have a new consensus principle

with a time interval of 0.01 to 0.5
...

CREDITS
credits.com
CREDITS TECHNOLOGY
ARCHIVING
Compressing information up to 90%
allows for both a reduction in the
time to load data, and saves the
space of servers that is used for
storage in the network nodes.
THE
BLOCKCHAIN/REGISTRY
STRUCTURE
An array of data and transactions are
stored in the registry having a
sequence number and hash at the
current processing node. All verified
transactions are loaded to the main
node, and a list of candidates from
which the register is formed is
compiled.
ASYNCHRONOUS WORK OF
CONSENSUS
Asynchronous work of consensus is
parallel processing and building a
whitelist of transactions. After the new
processing node appears (is registered)
the network, all newly loaded
transactions are selected from it, a list
of candidates is compiled and the
whitelist is started. A signal is also sent
to the network for the remaining nodes
to the ...

CREDITS
credits.com
CONSENSUS
INTRODUCTION
The CREDITS platform uses its own
combined consensus protocol to
increase the speed of transaction
processing, complete data storage
security, processing and transfer of
transactions.
The protocol is based on calculating
the mathematical function of all
registry transactions with the use of
Proof of Work principles. It
accurately determines the storage of
the last up-to-date copy of the
registry and software on this node
(Proof of Capacity), by calculating
the checksum of the values of the
entire contents

the hash code. The
file size is determined as well, the
proof that this is the last up-to-date
copy and the hash code of the last
transaction saved in the system.
CONSENSUS STAGES
1. Search for the main network
node;
2. Generating the list of trusted
nodes;
3. Getting the list of transactions;
4. Processing the ...

CREDITS Roadmap

1
S1 Pre-Alpha
FA : Key Design Implementation Decentralization Ledger, NoSQL Store implementation Design and Implementation Formal Specification and Key Design Elements User interface Implementation Wallet Formal specification RPC & REST API Formal specification
2
S2 Alpha
mFA : Key Design Implementation, PoW + PoC MessagePack History Integration with ecosystem Third-party system Design and Implementation Reasoner Integration with Blockchain Web UX design Blockchain Explorer
3
S3 Beta
mFA Optimization Blockchain backup CVM (Credits virtual machine) Optimisation Third-party system Integrate to full system Reasoner Optimization UX design Application Test
4
S4 Release candidate
CVM (Credits virtual machine) Check errors Android, iOS, Desktop Wallets Third-party explorer
5
S5 Release
Storage,
Consensus mFA Consensus Optimisation Third-party system Optimisation
Igor Chugunov
Igor Chugunov CEO & Founder

Evgeniy Butyaev
Evgeniy Butyaev CTO & CoFounder

Valentin Antonov
Valentin Antonov Team leader

Michael Merejkin
Michael Merejkin Web Developer

Aleksandr Krasnov
Aleksandr Krasnov Senior software developer

Evgeny Romanov
Evgeny Romanov Community bounty manager

David Kolmakhidze
David Kolmakhidze Head of investment relations department

Matushkina Elena
Matushkina Elena PR manager

Bruce Sadia
Bruce Sadia Development manager

Kyle Wang
Advisors Kyle Wang Senior Consultant IBM Cleveland, USA

Michael Kapilkov
Advisors Michael Kapilkov Blockchain Advisement New York

Elie Galam
Advisors Elie Galam Bancor Foundation Financial Advisor New York

Artjom Aminov
Advisors Artjom Aminov Blockchain architect at F&L Galaxy, inc London, United Kingdom

Tyler Perry-Smith
Advisors Tyler Perry-Smith Investor, Enthusiast Savitr Capital San Francisco

Jacob Salvador
Advisors Jacob Salvador Investor & Trader Blockchain Specialist Oslo, Norway

Christophe Ozcan
Advisors Christophe Ozcan Blockchain technical - Expert France

Christophe Ozcan
Christophe Ozcan
Blockchain technical - Expert France
Blockchain Technical Advisor
Jacob Salvador
Jacob Salvador
Investor & Trader Blockchain Specialist Oslo, Norway
CFO at Bitspace
Marketing Advisor
Elie Galam
Elie Galam
Bancor Foundation Financial Advisor New York
CIO at Eastmore Group / Advisor to Bancor
Advisor (Finance), The Eastmore Group
Advisor
Advisor to Bancor, Legolas Exchange, and Gimli
Research Fellow
Financial Advisor
Michael Kapilkov
Michael Kapilkov
Blockchain Advisement New York
ICO / Crypto Strategist
Advisor
ICO advisor for CREDITS, Pundi X New York, USA
PARTNER, DATRIXO
Advisor Board Member
Kyle Wang
Kyle Wang
Senior Consultant IBM Cleveland, USA
Senior Consultantat IBM Global Business Services
Development and Industry
Head of Business Development
David Kolmakhidze
David Kolmakhidze
Head of investment relations department
Advisor
Valentin Antonov
Valentin Antonov
Team leader
Senior Software Developer At Credits Platform