Jan 7 2018
CREDITS Use The Revolutionary Blockchain Technology For The Best Financial Digital Service
The use of blockchain to build a decentralized system is the latest innovation to simplify digital transactions. CREDITS is one of the blockchain platforms that use smart contracts. The crypto concept is also applied in the platform to create a better blocking system than existing systems. Better use of blockchain technology will enable CREDITS to handle faster transactions of one million operations in one second. Using a decentralized financial system as a direct interaction between participants within the platform will make the transaction ease and cheap to happen. The potential use of financial services will use a distributed ledger.
The use of peer-to-peer aims to create services that can provide financial services such as money transfers, lending, currency exchange, funding, and other transactions conducted directly by each participant. All transactions that occur can be done without an intermediary, and the cost incurred more affordable. The quality of service received will also be better with faster transaction time. The peer-to-peer concept is tantamount to a revolution in financial services where the money will be invested in ICO and crowdfunding. All information obtained will be stored in a decentralized cloud.
The introduction of decentralization with direct interaction has been applied to different types of platforms. It’s just for the financial services until now still not using the system. That’s because the digital system is considered less secure to store essential transaction data. However, technically the creation of a decentralized system with blockchain technology has a high level of security. The use of ledgers distributed in digital financial services will speed up transactions and the costs incurred will be lower for each payment transaction that occurs.
Financial services using distributed ledgers can assist in the development of systems with better-decentralized service quality. Quality improvements are made with user personal information services, fiat money settlement centers, crypto liquefaction, withdrawals, and KYC. As a solution to the essential tasks that must exist within the financial services platform, CREDITS uses decentralized technology. The platform can provide secure and fast financial transaction services. Limits that apply within the system will be created based on original contracts that each participant can agree upon on the platform.
A decentralized system also allows participants to have interactions that can provide services for financial products. New markets may be open in blockchain financial services. The use of the system to perform digital financial transactions has become an option because it offers convenience and affordable costs. The need for digital payment transactions is increasing rapidly every year. The use of traditional banks is still considered less efficient to make payment transactions in the digital era. The development of existing technology continues to encourage the digitization of every aspect of life.
CREDITS is present as one of the revolutions of the world of sacrifice that has a lot of support and renewable technology to create a secure transaction at an affordable cost. The integration of blockchain technology and distributed ledgers is an excellent idea to improve the quality of financial services. CREDITS also implements smart contracts to forge an agreement with each participant incorporated in the platform. With support from the digital community, CREDITS will bring banking services faster and easier to meet digital payment needs. For more information, you can visit the Ann Thread at https://bitcointalk.org/index.php?topic=2401248.
The Implementation of Smart Contracts within CREDITS
Implementation of smart contracts within the platform is essential to support a decentralized system. The intelligent deal will present an automatic algorithm in the form of an overview of sets of conditions that indicate the conditions of an action taking place in the digital world. Smart contracts within CREDITS can be controlled by every participant in the ecosystem. Centralized authority is still required to realize an independent cryptocurrency to use the cost of smart contract transfers. This is because a fully decentralized environment does not include the human factor needed in it. The concept of smart contract is expected to facilitate the implementation of a system that provides financial services in peer-to-peer. Transactions under smart contracts will allow each participant to get the appropriate deal with the needs.
In a smart contract will consist of several entities consisting of properties and methods. The property has a function to store a public data required in a smart contract that is implemented within CREDITS. Then in a smart contract will also require a method to be responsible for logical observation and sequencing of actions on transactions conducted under the contract. Each participant can use the call method to modify the contract properties to launch a verification process. Smart contracts will apply after each party’s signature is signed. An extension environment will be required to ensure compliance with the obligations under the automation of contract implementation. The requirements of the smart contract will have a clear mathematical and logical description of the execution.
The smart contract will be automated to meet the completeness and reliability of the contractual relationship between the parties involved. System entities contained in the smart contract method implemented within CREDITS will be responsible for the sequence of actions and logic as long as the transaction can be made under the contract. Modules run in action will explain following execution commands that allow obtaining results from the wishes. Each code in a smart contract can handle assignment commands, user commands that have separate functions, contract properties that contain static and dynamic variables that have initialization within the contract method, and methods of any other available every contract.
Scripting languages are also provided for the development of a more famous smart contract system. The program code allows for the use of all scripting operators. The method used in the contract will be run with a virtual system environment and is called a VM. The allocation of the memory area and the bytecode load of the contract will contain methods and variables that are redefined when the other contract codes are called. At runtime, VM will start the procedure for bytecode method.
Variables and codes will be loaded into memory areas that are executed with commands that will be executed in a row. Then each result will be transferred into the peer-to-peer network to be placed in the ledger. The user of the system will be the initiator of the execution method that can behave on behalf of the method launcher. CREDITS will be one of the incubators of the value of the contract unit to be able to compare two chaotic units and build consensus to run the contract. CREDITS cryptocurrency will serve as a platform that can affect the transfer value.
The overall concept built in the CREDITS platform development has the goal of getting each participant to enjoy transaction convenience. Each service requested by the participants can be done quickly and efficiently but at a low cost. To ensure the speed CREDITS chooses blockchain technology. The use of blockchain will also make every transaction more secure. With the support of the smart contract that will provide comfort for each participant to reach an agreement. The platform will be developed to successfully deliver the best digital financial services to every participant incorporated into the ecosystem. For a conceptual overview of CREDITS, you can see it in the white paper at https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf.
The Token Sales Of CREDITS
CREDITS token sales are one of the most critical events to realize a digital financial services platform. Token sales will be held at the ICO event. To participate, you must register first at https://credits.com website. Pre-ICO has reached 3,002,135 USD or 4,029.12 ETH. Token sales on Pre-ICO has managed to get 700 contributors from 1100 payments. The soft cap has been set at 1.5 mln USD, and hard cap is at 3.0 mln USD. You can see smart contract for ERC20 in Etherscan. You can perform a request procedure for a whitelist in advance to get the participation inside ICO.
Registration for all contributors is done on the website page to enter the list to the whitelist. Then the contributor will make a payment first for any contributor who has a small payment will be executed first. In ICO implementation, CREDITS team has conducted legal opinion in Singapore and USA. The result of a legal advice states that CREDITS is a technical token or utility. CREDITS has also been approved to be sold to all citizens of the world. America, Singapore, and China are also included in countries where citizens can contribute to ICO operations.
The success of ICO will be influenced by how the concept of the project is offered. The whole idea has usually been described in the whitepaper. To get many contributors, the deployment of information about the platform is also critical to enable anyone worldwide to join in token sales events. Each person can contribute with a different value even if it has been specified minimum amount for the token purchase. The information provided by contributors to the platform may also be varied for a specific payment amount.
For contributors who have a purchase value of 10 ETH or more, will pass the KYC process or know your customer through a separate identification. Contributors with that amount will fill in some data such as name, address, and some official documents needed for transaction security and convenience. While for contributors under 10 ETH does not require detailed verification. Each contributor must have an Eheleal address that will be used for payment. Ethereal address ownership is the main thing because it will determine your participation in ICO. If you do not have an Ethereal account, you will be automatically blocked by Smart Contract.
Credit can make transaction settlement quickly. The required execution time is only 0.01 seconds to complete one million transactions. By using blockchain technology and smart contracting systems, CREDITS will improve performance with API programming. CREDITS is a very reasonable range when compared to other platforms. As a new project that provides many services for consumers, Credits have shown rapid progress so that the number of funds received will be more useful to complete the project development process. To be able to support the completion of the platform development you can contribute to ICO as the pre-ICO has closed on December 26, 2017. ICO will start on 1 February 2018. Make sure you keep abreast of platforms to make token purchases at the predefined time. Tokens may not be available after the ICO event ends. For more information, you can visit the following link:
Jan 13 2018
Investment in The Rated Platform 4.6 of 5.0, Nucleus Vision’s Offering is Here
The top famous blockchain technology implementation is cryptocurrency bitcoin. A person being named Satoshi Nakamoto designed the bitcoin idea in 2008 within a distributed paper on a list of cryptography mailing. Nakamoto expected to build a noncentralized online currency which doesn’t depend upon an economic institution such as a bank. First, he should fix many problems those are how he could guarantee for a digital currency unit would not be duplicated indefinitely?; What could limit someone from a to acting pend the similar bitcoin in several times? Also, without a centralized authority, overall, how would you identify transactions as the real one?
The blockchain offered the solution. Any transaction utilizing bitcoins could become the chains part. People could perform computational sources to the system. Their mobile computers would operate on tough mathematical problems to prove transaction process, negating the requirement for a financial institution or centralized bank to run in that role. Additionally, the difficulties hardly would according to the number of computational ability in the technology. The more customers dedicated transaction power to identify transactions, the problematic the problems could become. It would save the period to verify any provided block of sales process until 10 minutes.
The question is why you should join at all? The computational ability needs electricity, that meant customers resources that charge money. Nakamoto designed that any computer (or technology of computers) served the right solution to confirm your block of transactions could accept a bitcoins award. By this way, new bitcoins operated circulation. Also, customers had couple reasons to put computers into action. This process is referred to mining.
Also, there is the thing of saving transactions real and secure from tampering. Part of the blockchain ingenious matter is that the entire transaction confirmation is, in this section, according to what has held before. After a block participates the system, it is secured through the system, with whole the computers linked to the network allow to know the neighborhood. In case someone needed to mess with the last data of transactions, they would not only change the block consisting the transaction process but also make out the blocks that led it in action to repositioning the created shared ledger. It is computationally not similar to hold, as it could need the fraudster to influence in minimum 51 % of entire processing ability in the network.
Sure it is not that easy, but it obtained worse for the would-be criminal. The blockchain system has a failsafe. In case many computers are providing up block confirmation solutions, the technology as the entire will go with all network of blockchain is the longest. More than a processor operates with the correct answer to confirm a blockchain of transactions; the confirmed blockchains are shortly limbo into one of all systems or machines has an answer for the further blockchain in the series. For that, the system optioned the most extended network of blockchains as the real one, even it becomes one of the shared records through the network.
As an example, he builds this simpler to understand. Can you imagine a block that is currently a hundred blocks long? One of could-be fake expects to waste plenty of bitcoins the next time. His real transaction is in blockchain number 60. He should alter block 60 then make blocks 61 to 100. Here, although while he is working this, the network rest keeps got along, confirming transactions also designing onto a hundred-blockchain-long network. The fake one will sustainability be behind the chain, meaning his own of the blockchain would never be noticed as legitimate. He is foiled.
Nowadays, digital commerce had boomed in the marketplace, with the developer forecasting for the total up to 1.365 $ trillion in retail sales of E-commerce just within the Asia-Pacific, and increase to 29.6 percent since 2016. Through the online sales proliferation, several experts have conjectured if brick-mortar level retail had in their death point.
Although, while it might seem that E-commerce is playing the vital role, depend on TimeTrade research that says about 85 % of consumers confirm an alternative for shopping in offline stores. For others, there are still several options about brick-mortar retail that merely cannot be changed by the serve of no-charge returns even a discounted future day delivery.
The sensation of an encouragement purchase, the visual history of being allowed to see, smell and touch products, also the ability to order a shop assistant for suggesting lead shop consumers sustain shop in the online store.
Even the biggest world online retailer, Amazon, has started brick and mortar shops around the world. What data says is that if provided the change, about 71 % of store consumers admitted they would prefer to have the transaction at an Amazon shop instead purchasing on the digital website. Although the continuing famous of an offline retail shop, orderly to take up with the developing e-commerce business, it is confirmed clear retailers require to encompass technology with their both arms.
For all retailers, something likely Internet of Things (IoT) maybe one of the digital period most substantial change. IoT allows retailers to merge the best of the offline store with works to compete any digital retailer shop. There are enormous opportunities for offline retailers who can place the position of client experience existed online into brick-mortar retail stores. Imagine that your shopping activities are gonna be completed by own suggestions, quick checkouts, virtual coupons and mobile payments.
There are many startups platform that built this omnichannel store vision to exist in real-life, and Nucleus knew to be one of the best. The basic concept of Nucleus’s IoT technology was to limit the uselessness matter that related to the brick-mortar store. Since it officially founded, Nucleus Vision hopefully could make a better business ecosystem by offering personalized experiences to the customer to while assuring their privacy.
Nucleus’s IoT system arrested and serves recently inaccessible information to brick and mortar retail through blockchain platform and their sensor technology. By providing this info, the Nucleus Vision platform comes with brilliance, assisting businesses to offer customized experiences to customers.
The vision of Nucleus is to guarantee better-level personalization for the customers. As what the CEO and founder said, Nucleus Vision designed for all shopper to make them feel special when coming to the retail store. For retailers, the platform is a delightful solution. Nucleus personalization can conduct in better expecting, and higher relationship in assume to promotional period.
Depend on what the CEO and Founder say; their retailers directly link the ION as their IoT sensor in the order they taking part in the Nucleus Vision ecosystem. There, they reach a secure and vast data transfer technology that brings them crucial insight into physical customers. According to this data, the Nucleus Vision assists retailers to gives walk-ins in the shops, develop in-store exchanges, grow regular customer cart size, even most importantly, pass customer loyalty.
Although, with this personalization, the idea comes several customer information questions in security and privacy. Fortunately, Nucleus platform uses blockchain technology to solve this issue, enabling the store customer to have full control over how their information is shared and managed. The entire order to reach a customer’s info on the blockchain platform will induce a notification right to the related customer, boosting them to give permission the transfer. Moreover, retailers will pay customers for their info, instead of links with public data. It is not only to ensures higher info integrity but also assist retailers vote and choose specific data points.
Here you must know that besides the retailer require shopper authorization to gain their info; they also should pay their nCash tokens. nCash tokens are Nucleus cryptocurrency as an info acquisition charge. Those micropayments would make in real-period on the blockchain platform to the Nucleus wallet of the customer, which could in the future be used as bonus points in all Nucleus retail shop. Laso, it could exchange for apparent currencies through the world.
Nucleus has accepted great feedback from the retail businesses until now. Nucleus Vision has been live in over ten shops in India, completed by 19 patent sensors installed among them. More than 33,000 visiting have been verified, with a right rate of over 10 % among retail customers. Those customers were delivered around 2,000 serves, and of all the offers, 75 % were compensated. It indicates Nucleus successful. These amounts more than approve the Nucleus potential in retail.
Nucleus Rate: 4.6 of 5 from icomarketdata.com.
Nucleus Vision platform has created the global first IoT powered contactless recognition technology over blockchain. Nucleus recently got 4.6 of 5 from icomarketdata.com. The result based on Nucleus Vision work shows that the platform is:
Nucleus Vision Component
The Nucleus Vision platform is created by four system layers those are
(1). Orbit blockchain
A platform, Nucleus Vision works with information flows safely among the entire parties joined. The stakeholders that come from all the world can access the relevant data.
The analytical that worked by Nucleus Vision platform is Neuron. It assists retailers to shock their customers. The analytical technology analyses the data about each buyer preferences even give suggestions.
All the agreements among all participants of the platform project are operated in this currency. nCash exists as Nucleus Vision internal cryptocurrency. The primary goals are:
Here, nCash designed a non-begun Ethereum of token ERC20, that may not be mined. Tokens in ten number were issued. There are no further spending expected.
(4). Sensor of IoN
Nucleus Vision uses IoN sensor as platform device, which records the moment in its coverage region. The sensor of IoN is sensitive to the acceleration, temperature, sound, pressure, and movements. The sensor delivers the information related to people moving into the store.
The concept of Nucleus Vision platform arose at Harvard University in 2013. After three years specifically in 2016, it was entirely developed. At that time the system is released in ten shops in India with more than 43 thousand extraordinary identifications even more than 2 thousand own recommendations, deliver to the customers.
In 2019 the main team designs to release project of Nucleus Security, that would aid in saving the individuals safe and companies assets. Beyond, in 2022 the platform is expected to operate in several regions of modern ecosystem life. There would be smart buildings run by this system. Agriculture, Health, Transportation — the entire spheres will efficiently utilize Nucleus Vision to their operations.
Nucleus Token sale is proposed to begin in the 2018 Q1. The Project will receive Ethereum as payment way and Nucleus Vision hard cap is designed 40 $ millions. So, it seems to cause the retail sphere revolution and next into other supported sectors of human life. It represents lots of advantages to the customers and undoubtedly retailers.
If you are feeling invited, please click the link below to get connected to Nucleus Vision to become a part of the integrated world.
Posted by : kurniawan05
By admin • Business Tips and Ideas, Finance • • Tags: investment, nucleus, offering, platform, rated, vision