OpenChat is an open source organization founded by Google former employees. The main definition of blockchain based chat protocol Bimp. In the traditional XMPP protocol adds a digital asset can be transmitted in each IM function. BeeChat will give its full support to all OpenChat projects. BeeChat is a decentralized application that runs under the protocol framework provided by OpenChat. BeeChat uses financial incentives to bring other digital services and applications into the decentralized OpenChat ecosystem in the form of communications & wallets. The OpenChat Reward Engine will provide ChatCoin as a natural incentive for digital service providers. In addition to ensuring common ethics and legitimacy of content and transactions, the ecosystem does not impose any unnecessary restrictions or charges on monetization strategies, which in turn encourages new partners to join the initiative. BeeChat now has hundreds of millions of users around the world, and BeeChat is committed to providing full support for the development of OpenChat, and OpenChat will continue to conduct a full range of decentralized research using BeeChat's support.
CREDITS platform offers a new and unique technical implementation of blockchain technology with autonomous smart contracts, data protocol and its own internal cryptocurrency. We strive to achieve unique technical parameters of the network – more than 1,000,000 transactions per second. The average processing time of each transaction starts from 0.01 second with a very low cost of each transaction (as low as 0.0001%). CREDITS team has developed the MVP (Minimum Viable Product) and have confirmed the technical feasibility of implementation by industry experts.