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Credits Filed Patents

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Credits team has made an analysis of the current patent and other intellectual property issues related to blockchain and cryptocurrency technologies and decided to protect the company’s blockchain developments. According to the patent research conducted by Credits patent experts (Fig. 1, 2), at the moment more than 1,500 patent applications have been filed in total all over the world. Moreover, over the past 2 years (since 2016), large companies from various industries has been enlarging their patent portfolio in the specialized areas of blockchain use. “We have carefully examined all the pros and cons of patent prosecution within the blockchain environment and decided to proceed with it. Credits is focused on protecting the developments that allow reaching the unique speed of 1,000,000 transactions per second, ..

Credits Blockchain Platform Has Been Audited by Red4Sec

Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Red4Sec has completed the security audit of Credits blockchain platform consensus and transport protocols code. Credits and Red4Sec has started cooperation in June. The security audit was divided into the following parts: Analysis and review of Credits source code. Conclusion and recommendations for Credits developers team. Review of the progress of vulnerabilities elimination. CREDITS team is focused on improving the security of its platform. After the initial security audit, four of six detected vulnerabilities were solved, the remaining two are not critical and are in progress. Consensus and transport protocols of Credits Platform are unique developments undergoing patenting at the moment. “The security is of the utmost importance for Credits, we have conducted source code review process in orde..

Credits Showcases over a Million Transactions per Second Unreachable for Any...

Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. On September 14, Credits performed a capacity test of its blockchain platform in a real life environment using thirty two geographically distributed nodes and broadcasted it live on Youtube. The test showed that the Credits blockchain platform can perform a peak number of 1,327,152 transactions per second with the average load of 130,400 transactions per second, a result that so far has not been reached by any other blockchain platform. The test was aimed to showcase a stable operation of the platform and provide an indication of transactions per second. The environment was designed to fully imitate real-life conditions. Thirty two nodes operating on both Windows and Linux systems exhibited cross-platform interoperability. The nodes, equipped with transaction generators to simulate network loading, w..

Credits and Lenovo Are about to Join Forces Enhancing the Internet...

Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Credits and Lenovo New Vision(LNV) are to link-up and push forward the development of the Internet of Things. Credits will utilize their blockchain expertise to help facilitate building software applicable for the combination of the Internet of Things and AI/AR, with a perspective of further implementation of the product in a variety of industries such as Fintech and Logistics. In addition, Lenovo New Vision is looking to incorporate Credits blockchain solution to streamline internal operations management procedures. Credits have been chosen by Lenovo New Vision thanks to its distinctive technical solutions such as unique consensus algorithm which consists of dPoS (Delegated-Proof-of-Stake) and BFT (Byzantine Fault Tolerance) features, flexible customisable smart contracts and effective security bas..
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