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Credits Blockchain Platform Enters European Crypto Market

Stefan by Stefan
16/06/2020
in Blockchain News
Reading Time: 2 mins read
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Credits blockchain payment, wallets, CS
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Credits Blockchain Platform informed the crypto community about its entry on the European Crypto market. Thanks to the speedy expansion because of partnership agreements and refined tech products, the blockchain platform Credits, got a new license for the exchange of cryptocurrencies and peer to peer services. Let’s find out more about the upcoming Blockchain news.

According to the announcement, the main legislative innovation for some of the countries in the European Union is the establishment of special permission or license which allows crypto-based businesses to perform crypto exchange operations, including exchange for traditional or fiat money. One of these companies is the Credits blockchain platform which aims its activities at using blockchain technology in IT solutions and businesses by using autonomous smart contracts. This way, the company is able to create a store transaction and data throughout the network, based on the innovative Proof-of-agreement protocol which makes all of the information cryptographically secure.

Credits Obtained European Crypto License✅

Read more information – https://t.co/L4q2gnvLsU#blockchain #crypto #cryptocurrency #technology #license #banking #money #Bitcoin pic.twitter.com/YTuat1LDkf

— Credits Blockchain Platform (@creditscom) June 15, 2020

The Credits platform is different from others because of the technical characteristics that allow it to be the accepted platform in a wide range of industries, and praised by the crypto community. To accelerate this process, the company obtained the much-needed crypto license for its business niches. This step allows it to get the needed legality of virtual value. The Credits currency is tax-free, the official license for the legal payment and exchange online transactions is now available as well and there is also an official crypto-wallet license.

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Credits axcess partnership
Credits And Axcess Partnership (Source: Credits official website)

Concerning the latest broad partnership base, Credits made a bilateral agreement with Axcess Merchant Services acquiring company which had a huge role in bringing credits technology to the European Crypto Market. These opportunities will open the door for the platform to adapt and develop new strategies on the market.
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The credits platform can be distinguished by high-speed transactions and low fees but also sophisticated smart contracts. The blockchain platform ensures to provide a speed of around 50,000 transactions per second as well as a commission of about 0.0001 USD for each transaction. The smart contracts of the platform have new and advanced capabilities and these characteristics are an advantage since the commissions for transfers are low and tokens are carried out in less than 5 minutes. This makes an ideal solution for payments and transfers so the company aims to open a full access plan to its protocol for the partners to launch several blockchain-based solutions for such markets as loyalty, data storage, and supply chain.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: blockchain platform creditscredit licensecreditscredits blockchain platformcrypto marketEU licenseeuropean market
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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