About
Credits is building a ground breaking new permissioned distributed ledger (blockchain) ecosystem. This new blockchain protocol provides for storage and transfer of value, secured through verifiable posted surety bonds rather than Proof of Work mining. Building on top of that foundation, our CrossChains-as-a-Service offering alleviate the pain and cost associated with securely hosting nodes in these decentralized services. Frictionless redistribution and a more progressive transaction fee structure are core to the Credits Protocol and associated Apps. Initial use cases include online gambling, betting and gaming; asset registries; peer-to-peer lending; remittances; distributed payment processing, and micro and mobile payments. Credits allows for new applications and services to be built on more flexible blockchain based technologies that enable more customizable decentralized / centralized service delivery models.