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.
ITC is designed to solve the severe safety problems of present IoT. ITC applies a combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology and distributed architecture without data center. Therefore, ITC can not only protect the users' devices from being attacked by hackers, ensuring its controlling right safety; but also defend users and their devices' data safety sovereignty and privacy security. For example, the data of intelligent device, such as the camera, can only be checked by users themselves.