High transaction speed from 0.05 sec per operation.
Internet of Things
Using the Credits protocol and smart contracts to create and manage the interaction between various electronic devices and IT systems:
An environment for transferring commands between devices by using smart contracts.
Control and information collection environment, display of the fact of the action performed by devices.
Creation of autonomous, global and decentralized services based on the blockchain.
The most reliable solution
The IoT devices are autonomously working services based on electronic devices / sensors that do not require human participation to perform certain tasks. Blockchain solutions with smart contracts are excellent for such tasks thanks to the autonomous performance ensured by the blockchain and algorithms.
The Credits blockchain platform acts as a reliable, independent and decentralized solution for the Internet of Things. The platform is built using the basic principles of blockchain: decentralization, autonomy, distribution and the ability to work all around the world.
Using the Credits API with pairs of public and private keys and launching smart contracts, devices will be able to store information in the blockchain. They can automatically receive information about other devices and provide them with information about their status.
The Credits platform smart contracts for the Internet of Tthings devices of make it possible to create decentralized stand-alone IoT devices and perform completely different tasks using IT systems and services.
A smart contract is a program that exchanges data and manages IoT devices on many nodes almost simultaneously. This means that once it is started, no one can stop it except the owner (if it is described in the smart contract code).
Thus, the failure due to a particular server failing or being stopped manually, a power failure, etc. is eliminated. In case of a failure, the network automatically reconfigures to other nodes in accordance with the network graph of the Credits platform.
Low dynamic cost of transactions (approximately from 0,001 US dollars).
Turing complete programming language of smart contracts.
The ability to connect external systems from a smart contract.
The smart contract language supports cycles and task scheduling.
Using a public API / SDK.
Whether you’re looking for self-help resources, strategies to optimize your systems, or expert assistance, we’ll be happy to help
We have a strong team of programmers and support offering:
Consultations on how to use our technologies
Help with PoC (proof of concept) and MVP development