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Credits Blockchain Platform Announces Release of New Product Line

Rakshitha Narasimhan

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Source: Credits 11

The Credits project, a leading blockchain-based solutions developer, has announced the release of a number of new decentralized products for the fintech industry. The new products are slated for release throughout 2020 and will be aimed at increasing the adoption of blockchain-based solutions.

Blockchain technologies are already being employed in a broad range of industries and are penetrating new markets. Despite the success achieved by the blockchain sector over the last few years, multiple industries that could benefit from the introduction of decentralized solutions are still far from increasing the efficiency of their operations by introducing blockchain-based products.

The fintech sector is the leading area of application for blockchain technologies as the year 2020 has already set the trend for the spread of blockchain-based products.

The new line of products being released by the Credits blockchain platform is designed to cater to the fintech industry and its users from both private and corporate audiences. Some of the main products offered by Credits include:

The Credits Wallet – a convenient digital wallet with an integrated delegation and staking functions that allow users to stake or delegate their native Credits platform CS coins and thus generate passive income. The wallet includes a convenient interface for use by private users and representatives of the B2C sector.

The Bonoox platform is a dedicated loyalty program placement instrument that allows its users to create a loyalty program. Businesses can use Bonoox to issue instant payouts to their loyalty program users and allow them to exchange points.

The Credits platform offers its users a Card issuing function that allows them to carry out payments worldwide and make use of fiat and digital assets. The cards can accept a transfer from credit and debit cards.

Credits have also developed the Credits Stablecoin – a digital stable-value asset with its exchange rate tether to the US Dollar. The ratio of the Credits Stablecoin is set at 1 to 1 and is backed by an equal amount of USD on the company’s bank account. The asset is used for global remittances and grants users fast financial transfers and conversion to a variety of currencies.

“I am confident that products issued by Credits have a great future. The fast-growing e-commerce, fintech, and blockchain markets are certain to be successful,” as stated by Igor Chugunov, the CEO of Credits.

The Credits platforms welcome all interested to visit its updated website and see the full line of products offered by the company. The project’s development team is certain that the release of new blockchain-based products will contribute to the adoption of decentralized technologies in the fintech sector.

Disclaimer: This is a paid post and should not be considered as news/advice.

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A Psychology and Journalism graduate, Rakshitha focuses on UK and Indian markets. As a crypto-journalist, her interests lie in blockchain technology adoption across emerging economies.