Jan 5 2018
The Use Of Cryptobank As The Newest Digital Banking In The Future
Increased demand for digital transactions encourages each bank to be integrated with digital payment services. For a payment to be easily made, it is advisable to make a payment with an account number from the same bank. When payment is made through a different bank, it will undoubtedly add transaction fee for cash. Users will inevitably have to follow the rules that apply so that transactions can be resolved.
Digital payments are increasing in number over time, of course, means that users of online platform increasingly. Complaints of high transaction payment costs arise as a volume of transactions made. Any complaint uttered by the users was finally able to encourage developers to build a digital bank for secure trade at a low cost.
Crypterium is an online banking platform that provides services like conventional banks in digital form. The team has spent five years analyzing and researching for a digital storage platform. The platform is planned to be built with the application of blockchain technology so that the system can be decentralized. The use of blockchain technology is one of the most appropriate ways to create a decentralized platform for the development of useful services in the future.
Crypterium was founded by a team of professionals who have experience in the innovative digital payment system in FinTech. It is expected that crypterium can be a digital banking solution that can provide the best service to the whole world community in making the digital transaction. The use of Cryptobank encourages cashless transactions so that future digital payment transactions will earn a high percentage. The application of previous financial revolution technology has also been applied in several platforms such as Samsung Pay and Apple Pay.
Crypterium will maximize the utilization of previously established contactless concepts to minimize the use of traditional payment cards in fiat currencies. Cryptocracy in Ctyptobank will apply the issue of the smartphone so that the devices that are owned by everyone can be used with the maximum without having to buy a new machine. Smartphone recognition is a useful step in developing a convenience in transactions. Users no longer have to carry payment cards wherever they go. Only with applications that have been installed on smartphones, then anyone can make payment anywhere.
Cryptobank development in the Cryptocurrency Era will complement the digitalization revolution as digital payments will be easier to do. Cryptobank offers a service that is easier, faster, safer, and cheaper. The decentralized system implemented by Cryptobank will be one of the hallmarks in the development of financial services in the Cryptoeconomy era. The development of the Crypterium platform as an innovation in digital banking will be an enormous and unlimited opportunity.
The development plan from Cryptobank will come to the point where all cryptocurrencies can be integrated with an accurate exchange value in Cryptobank. Not only that, but integration will also be done with fiat currency so that users can quickly make transactions anywhere because the currency value can be exchanged with all currencies both crypto and fiat. Ha will be developed as a small step to apply the cashless concept as a form of appreciation to the users in the ease of making payments. Often the development, the type of service in Crpytobank will also continue to be improved so that everyone can use one application to perform all transactions.
The Mobile Cryptobank To Support Contactless Payment
Cryptobank will be the first platform as a digital bank that can raise the role of conventional banks. Everyone can participate in digital transactions, deposits, and exchange of funds with a digital bank. The costs incurred also tend to be less when compared with traditional banks. Implementation of Cryptobank will be more comfortable because the application can be downloaded and installed on the smartphone. After downloading App Banking, Crypterium transaction has started can be done. You can also begin to leave your debit card because the app supports payouts for everyday activities.
Every customer who has installed an app can make transactions by paying the leading cryptocurrency as a balance. Usable Cryptocurrency standards such as BTC and ETH. Users can also purchase an ER20 standard token to fulfill the service on all POS terminals that have been installed. Near Field Communication (NFC) has also been implemented in the Crypterium Mobile Banking App so that it will support the convenience of transactions wherever you are.
Each payment POS will perform a connection reading of the NFC Host Card Emulation (HCE) protocol as a virtual data sorter in the Crypterium app. That allows the use of Cryptobank applications to be used to make payments in Crypto and fiat currency to every store and retailer. You do not have to worry about currency exchange because the money will be automatically converted depending on the currency ordered in the virtual payment. The capabilities possessed by Crypterium will be expanded by cash withdrawals at ATMs with fiat currency.
The exchange rate applied in Cryptobank may differ depending on the sale value of each currency currently in effect. So the exchange can be accurately done only with the smartphone owned by each user. The need for payment can be made with the proper use of crypto and exchange terms in the order of predetermined ratios. This convenience strongly supports every user to make payment transactions at the global level without worrying about the conversion of individual currencies that apply in a place or country because it has been done automatically by Cryptobank.
Crypterium has set up applications that can be applied to Windows phones, iOS, and Android to ensure the ease of use of everyday financial services. The method of Cryptobank allows each user to exchange and transfer funds using certain cryptocurrencies currencies such as BTC and ETH. Other services provided also relate to transactions in the field of infrastructure at outlet and trading with using international payment systems such as MasterCard and VISA.
The usefulness of Cryptobank may also be used for transactions relating to trade infrastructure and services that have been connected to the Crypterium network or have become partners of Crypterium. Wallet wall charging can also be done or can even be done through a bank account. Besides, in Cryptobank transfers can be done without any restrictions such as bank accounts that include bank cards with some limiting rules to avoid money laundering. Every Cryptobank user can also get some special offers that can be obtained through a store that belongs to Crypterium partners. As the Ease of the payment transaction, Crypterium has website to give maximum information to all users. You can visit these links to get further information:
- Ann Thread: https://bitcointalk.org/index.php?topic=2214098.0
- Website: https://crypterium.io
- White Paper: https://crypterium.io/wp/index.html?v=1.01
The Use Of Crypterium Token (CRPT) In Decentralized Digital Banking Platform
The main point of any transaction done inside the Crypterium platform is the CRPT token. No service is acceptable to the user if not using CRPT as an exchange value. Each service provided will be governed by smart contracts agreed by the token holder and platform. To get CRPT tokens, you can contribute to ICO in pre-sales. In enlarging the Userbase for the fulfillment of all future user expectations, Crypterium will implement a token list on the Cryptocurrency exchange so that a comprehensive service will be achieved.
One of the most fundamental rules in the Crypterium platform is that only CRPT token holders can transact and get service from Cryptobank. Ownership of CRPT tokens can be used as fuel reserves for future transaction processing. Cryptobank has implemented transparent transactions for its users. The use of intelligent technology also encourages automated algorithms to achieve the optimal level of operations performed at all times. Any deal with banking that has been integrated with Crypterium can be done quickly and safely.
The proper use of algorithms in Cryptobank ensures that each user obtains the correct conversion value for each exchange transaction with fiat currency and crypto. The transaction fee applied can also be reduced up to 0.5% only. Crypterium has committed to transparency of all operations conducted within the ecosystem. Users can directly use the payment of transactions made through the Crypterium wallet. The use of CRPT tokens also makes it easier for customers with the integration of the NFC terminals on smartphones, so the transaction costs are minimal.
Decentralized concepts can also be applied using blockchain technology. With blockchain technology can minimize the transaction costs required to make payments. Every transaction history can also be accessed easily via Crypterium Cryptobank Mobile App application. Service development continues to provide the best for platform participants. For you to keep up with the latest technological developments from a digital bank, you can join Crypterim’s social media account as follows.
- Twitter: https://twitter.com/crypterium
- Facebook: https://www.facebook.com/crypterium.io
- Telegram: https://t.me/crypterium
Cryptobanking is the most appropriate solution for creating digital banking. The revolution of the banking world is needed to follow the progress of online transactions whose use continues to increase. Cryptobank in the future is expected to become a platform that has diesel integration worldwide to facilitate every user in the digital transaction payment. The contactless concept also provides additional value in the application of Cryptobank so that transactions can be resolved quickly. If you are interested in contributing, immediately join ICO because tokens will only be available for purchase during ICO only.
Jan 16 2018
The Decentralized Financial Service For The Credits Platforms As The Future Digital Payments
The increasing demand for digital payment transactions is due to the digitization performed by every primary provider of staple needs. Since traditional market transfers to markets occur then CREDIT developments must be done to meet the needs of digital transaction users. The market digitization keeps on increasing the demand for digital payments. Payments made using conventional banks in practice take longer. To simplify the transaction the seller’s platform must provide multiple accounts from each different bank. The transaction fee charged is also quite hefty. A decentralized system with the use of blockchain has been present to provide solutions related to transaction speed and offer affordable cost.
CREDITS is a platform that implements a decentralized system using blockchain. The deal will happen in a smart contract. CREDITS provides a place for interaction between participants within the ecosystem. The concept applied to the CREDITS platform is peer-to-peer (P2P). The affected financial services will be based on a distributed ledger with own execution capability by each smart contract. Everyone within the platform can offer and provide financial services. Balanced and undefined technology makes CREDITS offer new technical solutions from a conceptual interaction model that may occur between participants in the network. The developed services will simplify any transactions that may occur in a decentralized system.
Possible financial services within the platform will adhere to peer-to-peer rules so that each participant performs financial transactions such as money transfers, currency exchange, funding, lending, and other services that can occur directly. Additional intermediaries are not necessary at all in the conduct of transactions. The absence of intermediaries will make deals happening easier, faster, and cheaper. The revolution in the financial industry must begin immediately by applying a direct interception in a decentralized system. Digitalization of financial services will bring the system through the stages of the revolution to become better in the future.
All financial participants will be incorporated into the ecosystem can receive all services safely and quickly with the application of the principle of the distributed ledger. The federal voting done in running smart contracts will give some restrictions to the participants in creating the interaction in each selected financial service. The use of blockchain will form a new potential for the economic platform by offering low speed and transaction costs. CREDITS will be one of the first financial service providers to use a decentralized system by prioritizing the convenience and convenience of transactions for participants in the platform. For more information, you can visit https://bitcointalk.org/index.php?topic=2401248 and https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf to access the white paper.
The Architecture Of CREDITS Platform That Delegated Proof Of Stake
In its development, CREDITS will use a network ledger system which will use smart contract methods that support any agreement made within the ecosystem. Some types of network nodes are also used based on decentralized network development goals based on free access from node connections. Then the general blocks book will sync with all the public ledger on all system nodes. The knot will also be synchronized in determining the definition of the overall trust of verification. Besides, CREDITS also uses a network consensus system as an appropriate method for group decision making.
Systems running within the ecosystem are a set of network nodes that process, store transactions, and confirm some requirements within smart contracts. The system also plays a role in processing requests made by third parties and providing information on the data requested. On each client computer will be installed the network so it will form a node that is connected to the standard system. The node will act as a verifier and will list every event in the ledger. Any transaction that is authenticated by the system and stored on the network node will be recorded in the ledger. Deals are items within the system that are indicative of the demand for performing a quick contract method and any action on the network. Every transaction that happens will be recorded in blockchain results.
The system items used in the ecosystem also include a Smart Contract that will allow members to obtain agreement by the terms of interaction. The logic of the contractual relationship will be applied in the user interface with centralized source independence as the leading property in the smart contract in a decentralized system. The calculation of the results of the work is entirely the responsibility of the Smart Contract method applied and will record any agreed terms into the ledger. Contract-related parties are final network participants and CREDITS system users.
Network nodes that are implemented in the running of the system will use standard nodes that participate in the verification to achieve validity. Common nodes have a minimum trust factor that is a candidate for a trusted node role. The common node will also be the current node of the processing in the next cycle in the selection of node roles in the network. The next node contained in the node is a trusted node that has the maximum trust factor. The trusted node is a candidate for each node role in processing current and common nodes. As long as the number of elections and voting is calculated mathematically, this node cannot be trusted. The calculations performed will depend on the number of nodes and the complexity of the network. The node that has the responsibility to add transactions to the ledger block is the primary node. The node will use a trust factor with a numeric value of 0 and 1.
The general ledger term used in the system means that a single unit of information stored therein will contain the previous block hash code. All data lists associated with the ledger will be related to the last number associated with the block. The transaction will take its place within the block after receiving the block from another system according to the number so that it will save more bandwidth of the network. Block number will be checked first as long as synchronization is done. When the block is gone, then the block will be downloaded and saved back by the node. It will make the most recent copy in the ledger and will be called the last book. The recording will be done by the node that has responsibility for the ledger formation.
Each data stored in the ledger will send blocks to all existing data nodes remain up-to-date, and there is similarity of data ledger in each current system node. The node will always be associated with other nodes within the network so that it will continue to exchanging blocks with transactions that occur. It is also done to keep information relevant. The set of operations will be formed in all blocks to wait for additional data to be done in the ledger. So it will be possible to store the data in the accounting several times for each server and node system. All information will be protected because more and more nodes in the network then the system will be more reliable and more independent.
Sync node is done every new node to define definition and trust thoroughly in the verification process. All processes that occur will be handled simultaneously and independently so that the level of processing information will always be improved. The bookstore will be empty, and space will be backed up in RAM when no incoming variable makes access simpler. When the required ledger is not available, the request will be sent to a trusted node. The node will receive all transactions, and then account synchronization will be performed. Disbursement will be done in sync that runs when the input parameter is the object that characterizes the deal. The operation generates the numeric code to be started to determine the position number in the ledger. The thread will end when the method ends with an error connection.
CREDITS uses the Proof-of-Stake (PoS) concept as a group decision-making method. When the node identification process generates a block, it will perform maximum liquefaction in each pile that occurs between competing node participants. Compensation made to increase the ledgers in the blockchain will be provided for fix mining blocks. All vertices on a decentralized network will cause none of them have priority. It is essential to be able to define a network node so that it can process the transaction queue stored in the network node. Then the transaction block must be entered to be stored in the ledger.
The Contribution of Sales Token For CREDITS in the ICO event
Pre-ICO has been completed on December 26, 2017. The results obtained are also quite significant. Total contributors who participated in Pre-ICO are 700 participants and made in 1100 transactions. The number of tokens sold is 4,029.12 ETH or equivalent to 3,002,135 USD. If you want to contribute, then you can follow the sales of ICO which will begin on 1 February 2018. Make sure you keep up with the information so as not to miss the time of contributing. To join as a contributor, you can register at CREDITS official website at https://credits.com.
The first step when you will participate in a token sale is to fill in some information already available on the registration form. You can enter a minimum amount of contributions to join. Make sure you have an Etherum address first. You may only participate if you have an Etherum address, if you do not have that address, you will also be disqualified from a smart contract.
The amount of your contribution will determine how much information you provide. The amount of grant under 10 ETH will require necessary information only. But when your contribution amounts to 10 ETH and more then you will be asked for additional information such as full name, address, and some other extra documents. It aims to meet Know Your Customer (KYC) procedures so you do not have to worry because the information you provide will be safe on the platform.
CREDITS provides some ease in digital payment transactions. Not only that, but financial services can also be done through this platform such as currency exchange, funding, withdrawal, and other financial services. The use of blockchain technology will create a decentralized network with the achievement of an agreement using smart contracts. The distributed ledger will also make any transaction data safely stored. The use of the CREDITS platform will save costs as it offers the security and comfort of good deals for a right price too. Do not miss the CREDITS token contribution event on ICO to participate in CREDITS development as a financial services platform in the future. The development of CREDITS can be updated through the following platform community in social media:
By admin • Business Tips and Ideas, Finance • • Tags: credits, decentralized, digital, financial, future, platforms, service