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.
EBCoin will leverage blockchain technology to eliminate the hassle and high fees associated with tax refunds for international travelers and merchants alike. The EBCoin Wallet app will enable instant tax refunds, without having to wait in long lines at the airport or needing to hold on to paper receipts. Travelers will get 100% of their refund in EBC token, which will be instantly redeemable for additional duty-free purchases, or can be exchanged for their preffered currency at numerous ATMs in all major airports.